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I don't think the Chinese market slowing down is news for anyone who was paying attention last year. >The global smartphone market has suffered a drop of 6 per
by GeekyBear 8y ago
I don't think the Chinese market slowing down is news for anyone who was paying attention last year.
>The global smartphone market has suffered a drop of 6 percent in overall sale numbers, according to a report on the third quarter of 2018 from the International Data Corporation (IDC).
Similar to the drop in smartphone sales in the first quarter of the year, the IDC points at a slowdown in the Chinese market as being one of the primary factors for the global slump.
https://www.digitaltrends.com/mobile/samsung-slumps-in-smartphone-sales-numbers/ https://www.digitaltrends.com/mobile/samsung-slumps-in-smart...
This has already impacted Samsung's smartphone sales much more strongly last quarter.
>Operating profit in Samsung’s smartphone division dropped 33pc from the same quarter last year to 2.2 tn won.
https://www.telegraph.co.uk/technology/2018/10/31/samsung-reports-record-profit-despite-smartphone-sales-slump/ https://www.telegraph.co.uk/technology/2018/10/31/samsung-re...
- simonh 8y agoThe XR this year in China is also having exactly the same problem the 6s had when it came out. The 6 (with it's big screen) and X were so attractive that many people upgraded a year early. That means there's a smaller potential market for the XR, just as there was for the 6s. This is disproportionately true in China where distinctive looks are more important than in other markets. Add that in to the economic picture and it's a bit of a perfect storm for Apple. The XR has done fine in other markets.