Chinese Nov smartphone shipments up 25% yr/yr -govt data

/
1 min read
People wearing face masks use smartphones next to an advertisement of TikTok (Douyin) at a bus stop in Beijing

SHANGHAI – SHANGHAI, Nov 24 – Shipments of smartphones within China rose 25.7% year on year to 34.8 million handsets in November, the China Academy of Information and Communications (CAICT) reported on Monday.

Shipment numbers were up from about 27.7 million in November 2020 and 32.7 million in October 2021, according to the CAICT, a state-backed think-tank.

Handset brands are currently experiencing production issuesdue to a global computer chip shortage.

A combination of factors including demand miscalculation,unexpected factory shutdowns and U.S.-China tensions haveprompted a number of automobile companies to report chipsourcing issues.

That shortage has since spread to many types of chips andall kinds of hardware, including smartphones.

Delayed upgrades from consumers had also caused sales toslow.

(Reporting by Josh Horwitz; editing by Jason Neely)

tagreuters.com2021binary_LYNXMPEHBC0A8-BASEIMAGE


Breaking News
OSCAR HEALTH SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: KAHN SWICK & FOTI, LLC REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Oscar Health, Inc. - OSCR