

China smartphone shipments declined 4.3% to 66 million units in Q2 year-over-year, per IDC. The fall was attributed to price hikes by manufacturers tied to higher memory and component costs, suggesting demand softness alongside cost inflation.
China smartphone shipments declined 4.3% to 66 million units in Q2 year-over-year, per IDC. The fall was attributed to price hikes by manufacturers tied to higher memory and component costs, suggesting demand softness alongside cost inflation.
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mildly negative
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