On May 19, according to Counterpoint Research's 'China Smartphone Weekly Sales Tracking Report,' smartphone sales in China during the two weeks surrounding the 2026 'May Day' holiday (Week 18 and Week 19) decreased by 16% year-on-year. Rising storage prices have led to an increase in smartphone prices, dampening consumers' willingness to upgrade their devices. Additionally, promotional efforts during this year's 'May Day' holiday were weaker compared to previous years, with OEM manufacturers focusing more on profitability rather than sales volume.
