Smartphones and other gadgets – or consumer electronics as some call them – have witnessed a decline in sales in the first half of 2022 in China. The reason behind that is not only related to COVID-19 control measures, as some may think. And the future seems to be getting better but is still not clear.
A 10-week decline in smartphone sales took place in China from late January to April, according to data from market researcher Counterpoint.
Many media outlets said this signified that the once rapture market has finally calmed down after years of tumbling. But the latest data from the China Academy of Information and Communications Technology (CAICT), a government research institute, showed that shipments bounced back by one-third in June compared to that in May. The June data also beat last year’s numbers by 9.2 percent.
