UPDATE 1-Chinas 2022 smartphone sales plunge to lowest level in a decade (Yahoo! Finance: Company News)

Yahoo! Finance: Company News
UPDATE 1-Chinas 2022 smartphone sales plunge to lowest level in a decade – Chinas smartphone sales endured a record fall in 2022, tumbling 13% to their lowest level in a decade as COVID controls and a slowing economy sapped consumer appetite, data from third-party research firms showed. The strict pandemic control poicy has resulted in historically high household savings as consumer spending became …

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