China’s smartphone exports decline amid shrinking international demand, relocation of manufacturing

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.

AI picture


Leave a Reply

Your email address will not be published. Required fields are marked *