Demystifying Huaqiangbei Electronics Market, Read My Article before Your Journey

Sharing is caring!

Huaqiangbei Electronics Market, the paradise for all technology lovers.

If you ask what can be bought at Huaqiangbei Wholesale Market? The answer is, do whatever you want. These markets have no restrictions on the versatility of the product.

No matter what you can think of under the electronics category. You can find it here.

There you can purchase mobile phones and their components. You can also find a wide variety of computers and their peripherals.

You can also buy various other consumer electronics products and accessories here, if you want to buy these products in bulk at the best price.

In this article, I will introduce Huaqiangbei in detail, including its most recommended markets and some tips for purchasing in the Huaqiangbei electronic market, so that you can fully understand this legendary electronic market and successfully complete your procurement goals.

Table of Contents

What is Huaqiangbei Electronics Market?

Huaqiangbei Electronic Market is located in Shenzhen, which is a world-renowned electronic product wholesale market. You can find almost everything related to electronic products.

The Huaqiangbei electronic market is not a single market, but a market cluster composed of more than 12 complex electronic markets. It is a paradise for electronics enthusiasts.

Every year, a large number of businessmen from all over the world visit the market here. At present, Huaqiangbei Electronics Market is not only a comprehensive market that supplies electronic products to the world, but also a synonym for Shenzhen.

It has become a characteristic attraction in Shenzhen for sure.

If you have the opportunity to come to Shenzhen, you must come here to stroll around, I believe you will have a different harvest. Now, let me introduce 12 Huaqiangbei electronic markets that you can’t miss.

12 Highly Recommended Markets in Huaqiangbei

SEG Electronics Plaza

SEG Plaza is a landmark building in Huaqiangbei Commercial District.

Built in 1988, it has a business area of 48,000 square meters. The 1st to 9th floors of SEG Plaza are the electronic market, which mainly sells mobile phones and computers, with strict quality control.

The most important and most widely found products in this market are computer peripherals. You can also get SSD hard drives and other computer-related components.

You can also find various displays and RAM here.

The SEG Electronics Market, which is converted from Baohua Building, is next to SEG Electronics Plaza. The total passenger flow of the two buildings exceeds 50,000

Address: Huaqiang North Road, Futian District, Shenzhen City, Guangdong Province

Huaqiang Electronics World

Huaqiang Electronics World is the second largest electronic trading center in Shenzhen.

It mainly focuses on electronic components and second-hand electronic products. And the second-hand computer trading market is especially famous.

If you want to purchase from a multifunctional electronic market, this is your best choice. It is one of the oldest markets in Huaqiang, which supports various electronic product categories.

You can buy many electronic products in this market. These electronic products include cameras, TV boxes, LED lights, etc.

You can also find products such as mobile audio recorders, DVR boxes and Bluetooth speakers.

Huaqiang Electronics World Layout
First floor Electronic Component
Second floor Computer components and assembly
Third floor Used parts and computer repair
Fourth floor Second-hand computers and laptops

Huaqiang Electronics World was established in 1988, with a business area of 43,000 square meters. It is a professional large-scale electronics and computer market with more than 2,800 stores and nearly 10,000 employees.

Address: No. 1015, Huaqiang North Road, Futian District, Shenzhen, Guangdong Province

Yuanwang Digital Mall

Yuanwang Digital Mall is located in the central area of Huaqiangbei, attracting more than half of the bulk buyers for mobile phones.

It is the largest one-stop procurement center for mobile phones and digital products in China, with business covering more than 50 countries and regions.

The mall has the following 4 main product categories:

The first category is digital audio-visual products such as digital cameras, camcorders, electronic notebooks, digital recorders, and color TVs;

The second category is communication products such as mobile phones and components, program-controlled switches, video phones, fax machines, photocopiers, and counterfeit machines;

The third category is personal computers, notebook computers, network application products, printers, scanners, computer monitors and other computers and application products;

The fourth category is a variety of electronic security and anti-theft monitoring equipment products.

Besides, this market is famous for cheap branded mobile phones. You can easily find smuggled mobile phones here.

You can easily buy an iPhone without tax here. There are also a series of smuggled and extremely cheap brand phones.

Address: No. 1002, Huaqiang North Road, Futian District, Shenzhen, Guangdong Province

Mingtong Digital City

Mingtong Digital City has a business area of 60,000 square meters, a staff of more than 50,000, and a daily passenger flow of more than 10,000.

The market layout of Mingtong Digital City is as follows:

Mingtong Digital City Layout
1-2 floors Domestic and foreign brand mobile phones
3 floor Domestic startup company mobile phone
4 floor Mobile phone for export
5-6 floor Mobile phone development

Mingtong Digital Mall is a digital communications market with the largest business area, the most employees, and the most complete mobile phone brands and categories in Southeast Asia.

Here you can find a variety of mobile phones with unique ideas, such as high imitation phones. However, parallel calls are rare here.

Mobile phone products flow to all parts of the country, radiating countries in Asia, Africa, the Near East, and the Middle East, and are exported to North America, South America, Europe, Oceania and other countries and regions.

The three characteristics of Mingtong Digital City make it the most competitive mobile phone sales market in Huaqiangbei.

Distribution channels all over the world: As a professional mobile phone market integrating R&D, demonstration, sales and business negotiation, Mingtong has attracted customers from all over the world.

Economic chain effect: There are dozens of financial institutions and logistics companies in the 200-meter business district of Mingtong Digital City, with more than 100,000 practitioners and consumers. Therefore, the chain effect will be more obvious in Huaqiangbei’s accommodation and catering consumption. Shopping and parking are promoted by Mingtong.

Online sales platform: The establishment of an online sales platform has further expanded the online sales network of Mingtong Digital City. Mingtong Cyber City has thousands of sellers offering their products on these online platforms, which provides Mingtong with a huge marketing advantage.

Address: No. 23, Huafa North Road, Futian District, Shenzhen, Guangdong Province

Shenzhen International Electronics City

Shenzhen International Electronic City is a professional market for electronic products. It is divided into two layers.

Address: No. 1026, Huaqiang North Road, Futian District, Shenzhen

Shenzhen International Electronics City Layout
1 floors Brand mobile phones, wireless walkie-talkies, security smart devices, communication electronic equipment, communication product accessories and consumables, fax machines, copiers and other office equipment, wires, cables, connectors, electronic tools, home appliances, mobile phone repair services.
2 floor Brand home theaters, professional stage audio, cameras, camcorders, brand DVDs, amplifiers, stereos, MD, CD, radios, tape recorders, game consoles, electronic dictionaries, computers, health appliances and other small appliances.

Pacific Security Protection Market

If you want to purchase security products, then the Pacific Security Protection Market will be your must-visit market.

Pacific Security Professional Market mainly deals in security communication products such as walkie-talkies, monitoring equipment, access control, anti-theft, fire and explosion protection, GPS, traffic safety, building intelligence, parking lot management and so on.

If you want to buy security products, Pacific Security Professional Market is the perfect place to go.

The market opened in 2003 and has a business area of 18,000 square meters. Half of China’s top 100 security companies gather here, making it the largest professional security market with the richest product categories.

Address: 181 Zhenzhong Rd, Hua Qiang Bei, Futian District, Shenzhen, Guangdong Province, China

Pangyuan Communication Accessories City

Pangyuan Communication Accessories City is the largest and only “one-stop” mobile phone accessories trading base in China.

Pangyuan Communication Accessories City’s main products include mobile phones, ICs, LCDs and other internal and external equipment.

You can find a complete range of products, from CPUs to mobile phone screws and other accessories, and you can get product services and service support from professional merchants on the market.

Address: Shennan Middle Rd, Huaqiangbei, Futian District, Shenzhen, Guangdong Province, China

Wanshang Electronic City

The term “wanshang” in English means “Tens of thousands of merchandises”, which to a certain extent implies that there are many types of products in this market.

The three major product categories of Wanshang Computer City are computers, electronic appliances, and communication products.

However, you might be surprised that the best-selling products on this market are video games and game consoles.

The best companies in the game industry have settled here, making it one of the most professional markets in the game industry. Some well-known brands, such as video game buses, Longman, etc., have large stores in this area.

Here you can buy various game consoles, electronic game accessories and games. If you are a game lover, you will not miss it.

Address: 1st to 2nd Floor, Building 4, SEG Science and Technology Park, Huaqiang North Road, Futian District, Shenzhen

Tong Tian Di Telecommunication Market

This market is mainly focused on second-hand iPhones. If you want to make your own iPhone from scratch, then I bet you will not be disappointed when you come to this market.

Battery, screen, rear camera and middle frame, etc. In this market, you can find almost any component related to iPhone. If you want to repair any broken iPhone, come here, your iPhone will become brand new, no matter how bad it is.

Address: Huafa S Rd, Huaqiangbei, Futian District, Shenzhen, Guangdong Province, China

New Asia Electronic Mall

New Asia Electronic Mall is a trading platform for electronic components. There are 4 floors in this mall.

Shenzhen International Electronics City Layout
1 floor Central interactive exhibition area and brand flagship area
2 floor Brand electronic components retail and small wholesale
3 floor Brand integration, SMD components wholesale
4 floor Specially tailored for brand discrete component business, wholesale, and office
5 floor Electronic tools, instrumentation exhibition area, industrial control system components

Address: China, Guangdong Province, Shenzhen, Futian District.

Sangda Electronic Communication Market

This is a two-story building with hundreds of suppliers. The market is famous for tablets and accessories.

What can you buy?

You can find a wide variety of tablets here. All international brands can easily source from this market.

Address: No. 46, Huafa North Road, Futian District, Shenzhen

Electronic Science and Technology Mansion

If you plan to open an electronics store, or you want to target a huge market, here is your best choice. You can find the most versatile consumer electronics in this market.

What can you buy?

There are a variety of small consumer electronics products in this market. You can easily find mobile power, USB and memory cards here. In addition, there are Bluetooth speakers and headphones on sale.

You can also get other electronic products, such as hands-free and unique USB interface devices.

Address: 2070 Shennan Middle Rd, Hua Qiang Bei, Futian District, Shenzhen, Guangdong Province, China

Top 10 Purchasing Tips in Huaqiangbei Electronics Market

Take your time before making any decisions

Huaqiangbei Electronics Market has a dazzling array of products. You may feel dizzy.

Remember, most of the products they sell are similar, with almost no difference. Therefore, price and product quality are the main points.

Don’t rush to decide which supplier to work with. Compare these suppliers and choose the right one.

Complete your transaction face to face

Shenzhen is a fast-paced city, and many people come here to make quick money.

Therefore, the safest way to do business in Huaqiangbei is to complete the transaction on the spot, otherwise you may find that the seller disappears after a few months while the transaction is not completed.

However, online payment has become very popular in China, and online payment is more popular than cash.

You may find that some sellers only accept local payment methods such as WeChat Pay and Alipay. Therefore, please make sure you are ready to use these payment methods on your phone.

Afternoon is better than morning

2pm for Huaqiangbei and 3pm for Huaqiangnan, the mobile phone market is even later, and the quotation of the day will be released after 4pm.

Many friends came here in the morning with great interest, and found that there were not a few people, and the counters were all closed and empty. They said to the Moments that Huaqiangbei was in a lot of depression!

In fact, it was the wrong time. After 4pm, the whole floor is full of people.

If you come to Huaqiangbei to purchase in bulk, remember not to get up too early. You can totally enjoy sleeping in.

MOQ is relatively small

The minimum order quantity in Huaqiangbei may be very small, and some stores can even retail.

Therefore, you don’t have to think about MOQ. You can rest assured to tell the supplier the quantity you need. Even if it is one, they will not refuse you.

Find yourself a translation app or translator

Although many Chinese suppliers speak English very well, translators can offer help with your purchases.

If you don’t need a translator, you can use a translation app, such as Google Translate or other translation apps in your phone.

Of course, you can learn a little basic Chinese greetings. This will be the great beginning of a pleasant conversation with the supplier.

Find the original manufacturer by comparing the prices of different sellers

Not all sellers in Huaqiangbei are manufacturers. In fact, most of them are dealers or middlemen who sell on behalf of manufacturers.

So if you want to find the real lowest price for your product, don’t be afraid of trouble, visit a few more shops and compare their offers.

On-site inspection

If you are purchasing some second-hand mobile phones in Huaqiangbei, you can inspect them directly on site.

If you feel that the product you have is not very good, you can directly point out the shortcomings with the supplier and ask for a new batch of second-hand mobile phones, and then check the machine and select it until you choose the mobile phone you are satisfied with.

Avoid customized products

You can’t expect the supplier to customize your product for you, especially when it comes to modifying the shape or function of the product.
 
Of course, if you want to reflect personalization, you can ask the supplier to customize the packaging for you or put your logo on the product.
 
But these additional requirements are based on quantity.
 
If you are only buying a small amount of products, there is no need to discuss customization with the supplier. Because they will definitely not agree.

Negotiate the prices respectfully

There are no fixed or standardized prices in these markets.

Generally speaking, as long as you know how to bargain, the lower limit of Huaqiangbei’s product price should be the lowest in the similar market. So try not to accept any quotations before bargaining.

In these Chinese markets, you can easily negotiate prices up to 20%. This will increase your profitability.

You can negotiate after comparing different suppliers.

There are no fixed or standardized prices in these markets.

Generally speaking, as long as you know how to bargain, the lower limit of Huaqiangbei’s product price should be the lowest in the similar market. So try not to accept any quotations before bargaining.

In these Chinese markets, you can easily negotiate prices up to 20%. This will increase your profitability.

You can negotiate after comparing different suppliers.

Consider finding a reliable sourcing agent for long-term cooperation

As we said above, the seller churn rate in Huaqiangbei is very high. This means it is difficult to directly establish a long-term relationship with any seller.

Without a stable supply channel, this will be a nightmare for your business.

So if you want to purchase products in Huaqiangbei for a long time, I recommend that you find a sourcing agent who is familiar with the local market. He will help you manage and solve product supply problems in China.

Demystifying 3 main businesses in the Huaqiangbei electronics market

1. Selling mobile phones

Basically, people who come to the Huaqiangbei electronics market are buying mobile phones.

For example, the iPhone, some low-priced mobile phones of the US version, all come from the second-hand mobile phone market in the United States.

Everyone in the United States knows that you can buy the latest model for more than $1,000 dollars, so basically the iPhone is bought as soon as it is released, and this has created a lot of second-hand iPhone markets.

But many Americans don’t like to use second-hand mobile phones, so there are many companies that recycle mobile phones in the United States, which basically buy in large quantities.

When the employees of the American company check the functions of the mobile phones one by one, they will pack them and sell them.

Then many trading companies in Hong Kong will purchase thousands or even tens of thousands of iPhones from American recycling companies in large quantities, and various models will range from iPhone 4 to the latest iPhone (by the way, iPhone 4 is the cheapest, like ¥10, when I get the goods. The price eques to a pack of cigarettes)

After these mobile phones were consigned to Hong Kong, the bosses in Shenzhen Huaqiangbei went to a trading company in Hong Kong to pick up the goods. About a few hundred units were wholesaled at a time and then shipped back to their warehouse to confirm the quantity and test the mobile phones.

Of course, if these phones have any ID locks or damaged motherboards, they will be returned directly to the Hong Kong company next time they are picked up.

Although the mobile phones of the above channels are second-hand, they are tested several times before they are sold to ensure that the mobile phones are not problematic before they are sold.

In this case, your phone enjoys quality guaranteed. If you bought an iPhone through this channel, the iPhone you hold in your hand feels like a real iPhone, but it is possible that it was recycled and refurbished for sale, but the various functions of the phone are normal.

In addition to such mobile phones, you may also have heard of how well-known fakes in Huaqiangbei are.

In addition to the lifelike iPhone accessories, which can be imitated, but the hardware is not good, Samsung is not the same. Android phones are basically imitated and you can hardly tell.

It’s the same as getting goods from the iPhone just now, except that in order to reduce costs, the merchants only take Samsung’s motherboard (because the motherboard can’t be imitated). Assemble a mobile phone by yourself (I took it, it’s really black…)

The same technique is reflected in various Android phones, such as Vivo Oppo. But the most serious one is Samsung, because many manufacturers of Samsung’s sales have followed suit. The cost of making a mobile phone costs a few hundred yuan, and the price is lower than Apple’s. The price is lower than Apple’s. There is a saying that it is good, and there is a market if there is a price. Not sensitive, often flickering, bad luck, can’t turn on the machine the next day, (the battery didn’t explode, I’m fortune telling you)

2. Repairing the phone

Regarding cell phone repairs, it is more common to change the screen.

If your cell phone only has a complete internal screen and a broken glass external screen, it only costs 50 yuan in Shenzhen to get it.

Principle: only a piece of glass, you need a machine to clean the broken glass and install it. A new piece of glass. If there is a store that says Apple original glass, it’s a pitfall for you.

Apple: When did I go out of the glass side business?

3. Selling mobile phone accessories

Compared with mobile phones, mobile phone accessories have the following advantages.

1 Excessive loss of accessories
2 More sales crowd
3 Lower manufacturing cost
4 The quality is excellent, no need to consider after-sales

So you can find all kinds of mobile phone accessories in Huaqiangbei, because selling mobile phone accessories in the Huaqiangbei electronic market is really a very profitable thing, including the purchase of mobile phone accessories from Huaqiangbei and selling them in your own country. Things to make money.

As for the loss of accessories, loss of data cable, broken data cable, too short data cable, too slow charging, aging of the battery of the Bluetooth headset mobile phone case, battery replacement, etc. Basically this is something that everyone’s mobile phone must experience, (dare you say Haven’t you bought a data cable?)

The manufacturer cost of accessories is generally between one yuan and two yuan, and the difference is a few cents. Brands such as PISEN Scud are priced at about 3-4 yuan, and the price is basically doubled. Your purchase price is estimated at 15 yuan and 20 yuan.

The low-cost cost and the wider sales crowd make many people who set up stalls make a lot of money. Now why are so many people selling mobile phone accessories and films, it is really profitable, a film wholesale 1 yuan, paste Good 10-15 yuan packaging, 3-5 yuan to sell 20-30 yuan, the profit is 10 times.

Sharing is caring!
Submit Free Request For Quotation

Tips: You can paste the product links from Amazon, Alibaba, Aliexpress, or your main competitors on the form. So we can learn better about your products. If you have any documents like images, PDF, Excel, etc, please send them to info@chinasourcify.com

Leave a Comment

Your email address will not be published. Required fields are marked *

Sign up for our Newsletter

Scroll to Top