The Chinese smartphone market has paced faster since 2011, reaching 460 million units in 2017, according to IT research institute MIC (Market Intelligence & Consulting Institute). As of the third quarter of 2017, the accumulated 4G user base in China topped around 950 million with a penetration rate of 68 percent, according Telecompaper. Report authors believe this indicates that the adoption of 4G smartphones has become more widespread and the future growth will rely highly on replacement demand.