💨 Abstract

In January 2023, foreign-branded smartphone shipments in China, including Apple's iPhone, saw a 21% decrease year-on-year, amounting to 4.398 million units as per data from a government-affiliated research firm, the China Academy of Information and Communications Technology (CAICT). This decline is significant as Apple is the largest foreign phone maker in China's smartphone-dominated market.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖