Singles Day Growth Boosts Odds of China Market Smartphone Recovery in Q4 2023
Growth: China’s YoY smartphone unit sales grows 5% during two-week 11.11 sales period Drivers: Huawei, Xiaomi and Honor continue to ride strong growth momentum from October Drivers: Pent up demand provides steady demand through extended sales period Expectations: Despite earlier promotions by e-commerce platforms, like-for-like weekly sales growth highlights stronger, more resilient demand than last … Continue reading Singles Day Growth Boosts Odds of China Market Smartphone Recovery in Q4 2023
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