The number of Chinese smartphone brands has dropped from 500 in 2014 to just 100 now, according to industry insiders. Dakele said earlier this week it was suspending its business as it could no longer compete with big-spending brands. Pictured is Dakele’s Big Cola 3. Photo: YouTube

Hundreds of Chinese smartphone brands dying as Huawei, Xiaomi and two top rivals occupy half of domestic market

Market saturation and spending power of major players squeezing out smaller brands, industry tipped to consolidate soon around handful of companies

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The number of Chinese smartphone brands has dropped from 500 in 2014 to just 100 now, according to industry insiders. Dakele said earlier this week it was suspending its business as it could no longer compete with big-spending brands. Pictured is Dakele’s Big Cola 3. Photo: YouTube
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