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Driven by the rapid development of 5G mobile phones, China's lithium cobalt oxide output will reach 75000 tons in 2020
Latest company news about Driven by the rapid development of 5G mobile phones, China's lithium cobalt oxide output will reach 75000 tons in 2020

 

In 2020, China's output of lithium cobaltite will be 75000 tons, an increase of 22% year on year. In 2020, the total demand for lithium cobalt oxide materials in China's lithium battery industry will increase by 16.9% compared with that in 2019, mainly due to the impact of the epidemic on the increase in demand for home office and entertainment, and the demand for 5G mobile phone stock.

 

In December, the domestic mobile phone market shipped 26.595 million units, a year-on-year decrease of 12.6%; from January to December, the total domestic mobile phone market shipped 308 million units, a year-on-year decrease of 20.8%.

 

In terms of 5G mobile phones, the domestic market shipped 18.2 million 5G mobile phones in December, accounting for 68.4% of the mobile phone shipments in the same period. This is the seventh consecutive month, accounting for more than 60%. In the first 12 months, a total of 163 million 5G mobile phones were shipped, accounting for 52.9%.

 

Compared with 2019, the proportion of 5G mobile phones will increase significantly in 2020, which is closely related to the decline of 5G mobile phone price. For example, on January 4, 2021, Qualcomm launched the snapdragon 480 5G mobile platform for the middle and low end. The biggest significance of snapdragon 480 is to promote the price reduction of 5G mobile phones.

 

The rapid development of 5G mobile phone will drive the lithium cobalt oxide Market. In 2020, China's output of lithium cobaltite will be 75000 tons, an increase of 22% year on year. In 2020, the total demand for lithium cobalt oxide materials in China's lithium battery industry will increase by 16.9% compared with that in 2019, mainly due to the impact of the epidemic on the increase in demand for home office and entertainment, and the demand for 5G mobile phone stock. In 2021, the popularity of 5G mobile phones will continue to drive the demand for lithium cobalt oxide.

 

With the continuous popularization of 5G communication base stations, leading mobile phone suppliers have launched new 5G models one after another. With the increase of average charged capacity of mobile phones, the year-on-year growth rate of consumer electronics demand for lithium cobalt ion batteries will become positive. With the continuous popularization of 5g communication base stations, leading mobile phone suppliers have launched new 5G models one after another. With the increase of average charged capacity of mobile phones, the year-on-year growth rate of consumer electronics demand for lithium cobalt ion batteries will become positive.

 

It is worth noting that the shortage of chip capacity may bring some challenges to the 5G mobile phone market. The rapid development of 5G promotes the growth of chip demand for mobile phones and base stations.

Pub Time : 2021-01-15 14:15:57 >> News list
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