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China smartphone industry - 2Q 2022

Luke Lin, DIGITIMES Research, Taipei 0

Credit: DIGITIMES

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According to Digitimes Research's statistics and analyses, with sales in China remaining sluggish and rising inflation dampening consumer spending in overseas markets, China-based smartphone vendors' channel inventory levels ran high and their shipments continued to decline in second-quarter 2022, amounting to 150 million units, down 5.2% from a quarter ago and 4.6% from a year ago.