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Chinese Smartphone Market Sees Sharp Decline in Q2 Shipments

August 17, 2022
Source: brandiconimage.com brandiconimage.com
News Snapshot:
China's smartphone market boom comes to an end as it registers a sharp decline in demand within the mainland and outside. As per the latest data, China's second-quarter smartphone shipments fell by 14.7 percent, which is the fifth consecutive quarterly decline, Financial Post, an American-based publication reported. Analysts believe that the Chinese market is in deep trouble, and under the blow of multiple factors, the prospects are becoming bleaker and bleaker. Earlier this week, a Bloomberg report stated that the Indian government is planning to ban Chinese phones under Rs 12,000 in the country. The move is aimed at pushing...
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China Tech Buzz Topics: Android | ban | Bloomberg | boycott | brand | China | Chinese | Covid-19 | data | Economy | finance | financial | government | IDC | India | Indian | IT | logistics | manufacturing | mobile | Mobile Market | mobile phone | retail | smartphone | Xiaomi

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