China's smartphone shipments fell 11 per cent in the first quarter to their lowest level in a decade, according to IT market consultancy Canalys, illustrating how sluggish consumer spending continues to weigh on the economy after the country ended Covid-19 control measures and reopened its borders. Shipments in the world's largest smartphone market dropped to 67.6 million units, according to the report released on Thursday, which is the lowest shipment numbers for the quarter ended March since 2...
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Continue ReadingApple Inc and its Android rivals saw sales slide in the first quarter in China, research firm Canalys reported on Thursday, as consumers continued to tighten their belts following the lifting of COVID-19 restrictions...
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