Foreign smartphone sales in China drop 12.7% in August, data show

Sales of foreign-branded smartphones, including Apple Inc (NASDAQ:AAPL)’s iPhone, in China fell 12.7% in August year-on-year, according to data released on Wednesday from a government-affiliated research firm. Calculations based on the data from the China Academy of Information and Communications Technology (CAICT) showed that during the month, sales of foreign-branded phones in China fell to … Read more