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DeepNewz, mobile.
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China’s smartphone market contracted further in June, with total handset shipments falling 9.3% from a year earlier to 22.6 million units, according to data released by the state-backed China Academy of Information and Communications Technology (CAICT). Foreign brands, a category dominated by Apple, were hit harder than domestic manufacturers. Shipments of overseas-branded devices slid 31.3% to 1.97 million units, CAICT’s figures show, underscoring the intensifying competition local players such as Huawei and Xiaomi pose to imported models.
🇨🇳SHIPMENTS OF CELLPHONES WITHIN CHINA DOWN 9.3% Y/Y AT 22.6 MILLION HANDSETS IN JUNE. SHIPMENTS OF FOREIGN BRANDED PHONES INCLUDING APPLE IPHONES WITHIN CHINA DOWN 31.3% Y/Y AT 1.97 MILLION HANDSETS IN JUNE. #CHINA #IPHONE $AAPL https://t.co/bFrVwos8tJ https://t.co/C4TxGcefWw
China's cellphone shipments declined 9.3% year-on-year to 22.6 million units in June, according to CAICT data.
$AAPL | Shipments Of Foreign Branded Phones Including Apple iPhones Within China Down 31.3% Y/Y At 1.97 Million Handsets In June- Reuters Calculations Based On CAICT Data
