Bad for Apple
Chinese are buying fewer foreign smartphones
Sales of foreign smartphones in China continue to slump. According to data from the government-affiliated research center China Academy of Information and Communications Technology (CAICT), 47.4 percent fewer smartphones were imported in November than a year earlier.
This continues a trend: In October, the decline had amounted to 44.25 percent. Apple, by far the most important manufacturer of foreign smartphones in China, has been hit particularly hard by the decline in sales.
The US technology giant is struggling with the consequences of the economic downturn and growing domestic competition in the world's largest market for smartphones.
One of the most important players since its return to the high-price segment two years ago is Huawei. Apple recently tried to boost sales with a four-day special promotion, offering discounts of up to 500 yuan (66 euros) on its top models.
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