China's mobile phone shipments plunged 20 percent in February with one analyst suggesting that Apple and Xiaomi were the 'biggest losers.'
China's mobile phone market suffered its worst month in years as device shipments plunged, with the data potentially highlighting further signs of pain for Apple in the world's largest smartphone market.
February is typically weak for smartphone sales in China because of a the week-long Chinese New Year public holiday and the fact that new phones are released toward the back-end of the month. But February 2019 was the worst month for shipments going back to at least 2013, according to publicly available data from CAICT.
"We are waiting for the next big thing — but there are no clear signs yet of what that could be," he said, adding that the foldable phones recently announced by the likes of Huawei and Samsung will remain"niche" for now. Other indicators could point to iPhone weakness in China. The number of searches for iPhone on Chinese search engine Baidu dropped 48 percent in February, marking the fifth consecutive month of decline, according to Longbow Research. The firm argues that iPhone search trends on Baidu are indicative of demand in the China.
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