August 12, 2022

News of the Trade

Latest trading, investing, and financial news

Chinese government data: China’s smartphone shipments sank 21.7% to 134M units in H1 2022; Canalys: shipments may fall below 300M in 2022, the lowest since 2012 (Takashi Kawakami/Nikkei Asia)

Takashi Kawakami / Nikkei Asia:
Chinese government data: China’s smartphone shipments sank 21.7% to 134M units in H1 2022; Canalys: shipments may fall below 300M in 2022, the lowest since 2012  —  Consumer shift toward thrift compounds structural weakness in demand  —  GUANGZHOU — Smartphone shipments in China are on track …