financetom
Business
financetom
/
Business
/
Shipments of foreign phones in China rise slower 10.9% in June, data shows
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Shipments of foreign phones in China rise slower 10.9% in June, data shows
Jul 29, 2024 3:18 AM

BEIJING, July 29 (Reuters) - Shipments of

foreign-branded phones including Apple's ( AAPL ) iPhone within

China rose 10.9% in June year-on-year to 2.87 million handsets,

a smaller gain than in previous months, data from a

government-affiliated research firm showed on Monday.

During the month, overall shipments of phones within China

increased by 12.5% to 24.91 million handsets, according to the

data from the China Academy of Information and Communications

Technology (CAICT).

June's increase in foreign-branded phone shipments was

slower compared to the previous two months, when they surged by

more than 40% each month.

Apple ( AAPL ) is the biggest foreign phone maker in China's

smartphone market, meaning its performance plays a major role in

overall data on foreign-branded phone shipments.

Data from third-party research firms, including Canalys and

IDC, indicated a decline in shipments for Apple ( AAPL ) in China during

the second quarter of 2024.

Canalys reported that Apple's ( AAPL ) smartphone shipments in China

for the three-month period ending in June fell by 6.7%.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Copyright 2023-2026 - www.financetom.com All Rights Reserved