May shipments of foreign-branded phones in China fall 19.2% Y/Y, CAICT data says

Apple Inc.

Apple Inc.

AAPL

0.00

BEIJING, June 24 (Reuters) - Shipments of foreign-branded mobile phones in China, including those from Apple Inc AAPL.O, decreased in May by 19.2% from a year earlier, according to Reuters calculations based on data released by a government-affiliated research company on Wednesday.

Shipments of foreign branded phones including Apple iphones were down to 3.669 million handsets for the month, data from the China Academy of Information and Communications Technology (CAICT) showed.

Overall phone shipments in China last month were up 16.5% year-on-year to 27.64 million units, the data showed.


This page is machine-translated. Sahm tries to improve but does not guarantee the accuracy and reliability of the translation, and will not be liable for any loss or damage caused by any inaccuracy or omission of the translation. *Disclaimer: The above content only represents the author's personal position and opinion and does not represent any position of Sahm Capital Financial Company and Sahm cannot confirm the authenticity, accuracy, and originality of the above content. Investors should consider the risks of investment products in light of their circumstances before making any investment decisions. When necessary, please consult a professional investment advisor. Sahm does not provide any investment advice, nor does it make any commitments and guarantees.