Foreign Phone Shipments in China Rise 1.8 Percent
Shipments of foreign-branded mobile phones in China reached 3.59 million units in April, representing a 1.8 percent increase from the previous year. Total phone shipments in the country grew 2.8 percent to 25.73 million units according to data from the China Academy of Information and Communications Technology.
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Foreign-branded phone shipments in China rose 1.8% year-on-year to 3.59 million units in April, according to government data released Tuesday. The growth includes APPLE INC iPhones and contributed to a 2.8% increase in total shipments to 25.73 million units. Investors view these figures as a gauge for high-end consumer demand and Apple's resilience in its largest international market.
