Chinese Smartphone Demand Down By A Third But Apple Will Fare Best
The latest official data shows that Chinese smartphone demand is down by around one-third, year-on-year. Coupled to existing supply constraints, many are expecting troubled times ahead for most smartphone makers, given that China is responsible for around a fifth of all smartphone sales. However, while the iPhone is likely to be hit alongside other smartphones, Apple is expected to do better than its competitors … Background So far, most of the talk about the smartphone industry has focused on problems of supply, rather than demand....