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الشارقة 24
China's smartphone shipments decline 4.3% amid rising costs
Smartphone shipments in China declined by 4.3% in the second quarter, totaling 66 million units. This decline was due to rising costs resulting from increased prices of memory chips and components. These decreases have now persisted for five consecutive quarters. Meanwhile, Huawei and Apple experienced growth of 19.4% and 24.4%, respectively, whereas shipments from companies like Xiaomi, Oppo, and Vivo saw significant declines due to higher costs and waning demand.
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