China's domestic 4G smartphone market is set for an explosive 1,500 percent growth in shipments this year, according to a new report by IHS Technology.
Shipments of 4G smartphones within China are forecast to reach 72.4 million units in 2014, from just 4.6 million last year, with the market expected to take off in the second half of the year.
4G mobile services, which are around five times faster than 3G, were first made available in China in 2012 on a trial basis. State-owned China Mobile, China Telecom and China Unicom were granted 4G licences in November 2013.
The growth in 4G take-up in China is set to continue, according to IHS. Shipments are expected to double next year to 144.1 million units, jump another 53 percent to 219.8 million in 2016 and end 2017 at 298.5 million units.