Foreign smartphone sales in China, including Apple's iPhone, declined 12.7% YoY in August.

In August, foreign smartphone sales in China, including Apple's iPhone, declined by 12.7% year-over-year, reaching 1.87 million units, down from 2.142 million. Despite this drop, total phone sales in China rose significantly, increasing by 26.7% to 24.05 million units. The decline in foreign smartphone sales may suggest potential pent-up demand, possibly benefiting future releases like the iPhone 16.

September 25, 2024
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