BEIJING (Reuters) -Chinese shipments of foreign-branded cellphones, including Apple Inc’s iPhones, dropped by 49.6% year on year in March, according to data released on Monday by a government-affiliated research company. Calculations based on the data from the China Academy of Information and Communications Technology (CAICT) showed that March shipments of foreign-branded phones in China decreased […]
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China’s March shipments of foreign-branded cellphones drop almost 50%
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BEIJING (Reuters) -Chinese shipments of foreign-branded cellphones, including Apple Inc’s iPhones, dropped by 49.6% year on year in March, according to data released on Monday by a government-affiliated research company.
Calculations based on the data from the China Academy of Information and Communications Technology (CAICT) showed that March shipments of foreign-branded phones in China decreased to 1.887 million units from 3.747 million a year earlier.
(Reporting by Beijing NewsroomEditing by David Goodman)