China smartphone brands shipments to see double-digit decline in 2020: Report

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China smartphone brands shipments to see double-digit decline in 2020: Report

As per the report, there is expected to be a double-digit decline year-over-year in the second half of 2020 for combined shipments from Chinese handset vendors. The report cites the reason for this as the export shipments are expected to witness constraints due to persistence of the coronavirus pandemic in some overseas markets. This, combined with the unrecovered domestic demand in the Chinese smartphone market is said to lead to this double-digit decline.

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