China smartphone market slumps to 10-year low in 2022

After a decade of frantic growth, China’s smartphone market is hitting a speed bump as COVID-19 roils the world’s second-largest economy. The country’s smartphone shipments dropped 14% year-over-year in 2022, reaching a 10-year low, according to research firm Counterpoint. It was also the first time that China’s handset sales slid below 300 million units in … Continue reading China smartphone market slumps to 10-year low in 2022