China’s smartphone exports fell 6.4% within the January to October interval from a 12 months earlier.
- exported 642 million smartphones within the 10 months ended Oct. 31
- exports +10% y/y to 81.1 million in October alone
Knowledge comes through China’s Normal Administration of Customs in a report China state-owned media from Yicai International, a monetary information outlet.
The report cites:
- shrinking international demand
- producers relocating some manufacturing offshore, Vietnam and different areas
Hyperlink right here for extra.