Chinese Smartphone Sales Suffer Worst Decline Ever
The South China Morning Post reported on Thursday that Chinese smartphone sales suffered their worst decline ever during the first quarter of 2020, with a drop of 22 percent for every major manufacturer except Huawei, which grew by six percent.
Analysts quoted by the SCMP said the slump was particularly sharp in February, at the height of the Wuhan coronavirus epidemic, but overall it was not as bad as expected because online sales helped to offset the loss of brick-and-mortar business.-- More...
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