Smartphone Demand Plummets In China By 16 Pct
PYMNTS
JULY 13, 2020
As China’s economy rebounds from COVID-19, smartphone sales have not been part of the recovery. Phone manufacturers delivered 28 million handsets last month, down from 33 million in June 2019, according to the China Academy of Information and Communications Technology (CAICT), a state-backed think tank, the paper reported.
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