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Caixin Global

Articles from Caixin Global

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<ul><li>A deteriorating macroeconomic environment layered with Covid-19 outbreaks saw China’s smartphone market contract sharply in the first quarter of 2022, as consumers opted to hold onto their current models for longer.</li><li>In the three months through March, smartphone shipments plummeted 29.2% year-on-year to 68.1 million units</li><li>The plunge came as the number of new smartphone models released during the period dropped 13.3% year-on-year to 85.</li></ul>

A deteriorating macroeconomic environment layered with Covid-19 outbreaks saw China’s smartphone market contract sharply in the first quarter of 2022, as consumers opted to hold onto their current models for longer.In the three months through March, smartphone shipments plummeted 29.2% year-on-year to 68.1 million unitsThe plunge came as the number of new smartphone models released during the period dropped 13.3% year-on-year to 85.

Economic Woes Drag Down Smartphone Shipments in First Quarter

China

Semiconductor Manufacturing International Corporation operates as a semiconductor foundry. The Company provides integrated circuit foundry and technology services including the testing, development, design, manufacturing, packaging, and sale of integrated circuits. Semiconductor Manufacturing International offers its products and services around the world.

Semiconductor Manufacturing International Corporation (SMIC) (688981 CH)

Semiconductor Manufacturing International Corporation (SMIC)

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