China's smartphone makers reportedly slash full year orders, Jiemian News reports; Xiaomi (1810 HK) and Oppo cut by 20% and Viva roughly 15%

The reported cut in full-year orders by major Chinese smartphone makers suggests a significant shift in demand expectations within the tech sector, particularly for companies like Xiaomi and Oppo.

Newsquawk StaffPublished 16 Jan 2026, 09:27 UTCOn the live feed at 09:07 UTC — 1 more headline followed before this page went public

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China's smartphone makers reportedly slash full year orders, Jiemian News reports; Xiaomi (1810 HK) and Oppo cut by 20% and Viva roughly 15%

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Context

This reduction may indicate broader challenges in consumer spending or market saturation, which could weigh on share prices and lead to a reevaluation of growth prospects across the technology sector. Keep an eye on how this impacts not just these firms, but also their supply chains and peers in the market.

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