Double-Digit Decline of Smartphone Sales During China’s 11.11 Online Festival

Double-Digit Decline of Smartphone Sales During China’s 11.11 Online Festival

 
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Smartphone sales posted double-digit annual decline during China’s 11.11 online festive this year, blaming the mixed demand and the competition from other online sales. However, sales of higher-end models were robust and foldable and gaming segments registered growth.

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