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“Now it is extremely dangerous to work in Russia.” Deliveries of Chinese smartphones to Russia collapsed due to the collapse of the ruble

March 10, 2022
Source: digitnews.in digitnews.in
News Snapshot:
Major Chinese smartphone makers are cutting their shipments to Russia due to the collapse of the ruble and Western sanctions, despite Beijing’s attempts to support Moscow. Shipments from major Chinese smartphone makers Xiaomi, Oppo and Huawei have dropped by at least half since the conflict began, people familiar with the matter said. Chinese manufacturers make up about 60% of the Russian smartphone market. The aforementioned companies did not comment on this information. “It’s politically ticklish to announce a complete suspension of sales in the Russian market, as Apple did,” a former Xiaomi executive said, referring to Beijing’s aid to Moscow....
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China Tech Buzz Topics: accounting | Apple | Business | China | Chinese | Counterpoint | digital | Dollar | executive | Hong Kong | Huawei | import | IT | loss | Moscow | Oppo | Russia | Russian | sales | Sanctions | Sharp | smartphone | trade | Xiaomi

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