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Chinese handset vendors struggling amid slowdown

Staff reporter, Taipei; Ines Lin, DIGITIMES Asia Wednesday 1 June 2022 0

Credit: DIGITIMES

China's handset market is overshadowed by bleak prospects. Xiaomi posted losses of more than CNY500 million (US$74.9 million) in the first quarter, while leading vendors in the country have reportedly cut back orders to suppliers.

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