Stock

Foreign smartphone shipments in China slump 47% in November

BEIJING (Reuters) – Shipments of foreign-branded smartphones, including Apple Inc (NASDAQ:AAPL)’s iPhone, in China fell in November by 47.4% from a year earlier, according to data released on Friday from a government-affiliated research firm.

Calculations based on the data from the China Academy of Information and Communications Technology (CAICT) showed that during the month, shipments of foreign-branded phones in China decreased to 3.04 million units, down from 5.769 million units a year earlier.

Shipments of phones within China in November fell 5.1% year-on-year to 29.61 million handsets.

This post appeared first on investing.com

What's your reaction?

Excited
0
Happy
0
In Love
0
Not Sure
0
Silly
0

You may also like

More in:Stock