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Chinese wearable shipments expect to hit 160 million units in 2022

Chinese wearable shipments are expected to reach 160 million units in 2022, representing an increase of 18.5% from 2021, IDC China reported Thursday. Earphones shipments rose to 78.98 million units in 2021, while smartwatch shipments hit 39.56 million units shipped last year, a 21.4% year-on-year increase. Shipments of tracker bands, however, recorded a decline of 26.3% in 2021. Tech companies are now increasingly focused on smartwatches as they tend to have a higher user retention rate and a higher profit margin. [IDC, in Chinese]

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