GUANGZHOU -- Smartphone shipments in China are on track to fall to their lowest point in a decade this year as market saturation, longer waits between upgrades, and increasingly budget-conscious consumers combine for what could prove a prolonged downturn.
Technology
China smartphone shipments slump toward 10-year low
Consumer shift toward thrift compounds structural weakness in demand
Oppo and other Chinese smartphone makers saw a significant drop in shipments in the first half of 2022. © Reuters
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