Foreign Phone Sales in China, Including Apple, Drop 9.7% in May

Reported about 11 hours ago

Sales of foreign-branded smartphones in China fell by 9.7% year-on-year in May, with shipments dropping to 4.54 million units. Apple's reduced sales, a result of increased competition from local brands and significant discounts on its latest iPhone models, reflect its crucial position in the market. Overall, phone shipments in China fell by 21.8% to 23.72 million units.

Source: YAHOO

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