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moves money TNW July 14, 2026

China smartphone shipments fall for a fifth quarter as memory costs bite

China smartphone shipments fall for a fifth quarter as memory costs bite
AI Summary

For the fifth quarter running, fewer phones left Chinese warehouses than a year earlier. Shipments fell 4.3% to 66 million units in the second quarter, according to figures published on Tuesday by IDC, as manufacturers raised prices to cover the rising cost of memory and other components. First-half shipments were down 4.2% on the same […] This story continues at The Next Web

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