China Smartphone Demand Weakens Amid Covid Resurgence

Smartphone demand in China is quickly cooling because the pandemic’s resurgence dents shopper spending, prompting warnings in current weeks from handset makers together with Apple in addition to chip makers in regards to the world’s greatest smartphone market.

Smartphone shipments in China fell 34% in April from a yr in the past to 17.7 million models, knowledge from the China Academy of Information and Communications Technology confirmed this week. For the primary 4 months of the yr, shipments declined by 30% to about 86 million models, mentioned the academy, which is affiliated with the Ministry of Industry and Information Technology.