Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Benzinga
Benzinga
Technology
Anusuya Lahiri

China's Smartphone Shipment Plunges By 32% In February

China Apple U.S.-China
  • Shipments of smartphones within China plummeted 31.8% year-on-year to 14.5 million handsets in February, Reuters reports from the China Academy of Information and Communications.
  • CAICT cited that the handset brands currently face production issues due to the global chip crisis, including delayed customer upgrades.
  • Also Read: Falling Chip Prices Are Making 5G Phones More Affordable
  • A demand miscalculation, random factory shutdowns, and U.S.-China strains prompted several automobile companies to report chip sourcing issues.
  • Apple Inc’s (NASDAQ:AAPL) key position in China helped it to account for 51% of the global smartphone sales for the first time.
  • The shipments plunged 21.3 million handsets in February 2021 and 32.4 million in January 2022.
  • Price Action: AAPL shares traded lower by 0.11% at $163.80 in the premarket on the last check Monday.
Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
As Arcane nears its end, its creators tease the Black Rose is still 'an integral part of season 2', but they won't confirm if the group is the hit Netflix show's main villain
Arcane's showrunners haven't ruled out the possibility of some Black Rose members making physical appearances in season 2's last three episodes.
TechRadar
TechRadar
As AI and megaplatforms take over, the hyperlinks that built the web may face extinction
The original idea for the world wide web emerged in a flurry of scientific thought around the end of World War II. It began with a hypothetical machine called the “memex”, proposed by US Office of Scientific Research and Development head Vannevar Bush in an article entitled As We May…
The Conversation
The Conversation
Beyonce to Perform Halftime Show of Netflix's NFL Ravens-Texans Christmas Day Game
Beyonce will be giving a performance at halftime during the Christmas Day clash between the Houston Texans and Baltimore Ravens, streamed on Netflix.
Sports Illustrated
Sports Illustrated
These are the five most-hated side dishes to avoid this Thanksgiving
From cranberry sauce to pecan pie, don’t waste your time making these Thanksgiving side dishes this year
The Independent UK
The Independent UK
If reason can’t save the world, no wonder magic and superstition are on the rise
Exorcisms are booming, witchcraft is having a moment, Tucker Carlson says he was attacked by a demon. It makes as much sense as anything at a time of climate crisis, war and Trump
The Guardian - UK
The Guardian - UK
Map: Pearl Clutchers in Hot Spring County
A rural Arkansas county files more than twice as many FCC complaints per resident than anywhere else in the United States.
Reason
Reason
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.
Download on the AppStore Get it on Google Play