Latest news with #CAICT
Yahoo
3 days ago
- Business
- Yahoo
Apple Sees Small Rebound in China Shipments
Foreign-branded phone shipments in China climbed to 3.52 million units in Aprilup from 3.50 million a year agomarking a modest rebound for the Apple (NASDAQ:AAPL) iPhone. According to government-affiliated CAICT data cited by Reuters, April's 0.6% uptick follows a rough Q1 in which Apple's China phone sales fell 9% year-over-year. As the top non-Chinese smartphone vendor, Apple's volumes are a bellwether for the segment, even as domestic rivals Huawei and vivo press on pricing and features. E-commerce platforms offered discounts up to 2,530 yuan ($351) on the new iPhone 16 models to stoke demand. While the April gain is small, it hints at stabilization after broader market softness and aggressive local promotions. Investors should care because China is Apple's second-largest market, and any uplift in iPhone shipments can support Services revenue tied to active devices. With CAICT set to publish May figures in mid-June and summer sales promotions ramping up, markets will watch for sustained momentum or renewed pressure from tariff-echo pricing in the world's biggest smartphone arena. This article first appeared on GuruFocus. Sign in to access your portfolio
Reuters
3 days ago
- Business
- Reuters
Foreign-branded mobile phone sales in China edge up in April
BEIJING, May 30 (Reuters) - Sales of foreign-branded mobile phones in China, including Apple Inc's (AAPL.O), opens new tab iPhones, edged up in April, according to data released by a government-affiliated research company on Friday. Calculations based on the data from the China Academy of Information and Communications Technology (CAICT) showed that April shipments of foreign-branded phones in China rose to 3.52 million units from 3.50 million a year earlier. As the largest foreign mobile phone maker in China's smartphone-dominated market, Apple's performance plays a significant role in the overall data on foreign-branded phone sales in the country. The uptick in April comes after a sluggish first quarter in which Apple's phone sales in China dropped 9%. Apple has faced increased competition from domestic rivals and has resorted to price cuts to stay competitive. Chinese e-commerce platforms are offering discounts of up to 2,530 yuan ($351) on Apple's latest iPhone 16 models earlier this month.
Economic Times
12-05-2025
- Business
- Economic Times
China's March shipments of foreign-branded cellphones drop almost 50%
Chinese shipments of foreign-branded cellphones , including Apple Inc's iPhones, dropped by 49.6% year on year in March , according to data released on Monday by a government-affiliated research based on the data from the China Academy of Information and Communications Technology (CAICT) showed that March shipments of foreign-branded phones in China decreased to 1.887 million units from 3.747 million a year earlier.
Time of India
12-05-2025
- Business
- Time of India
China's March shipments of foreign-branded cellphones drop almost 50%
Calculations based on the data from the China Academy of Information and Communications Technology (CAICT) showed that March shipments of foreign-branded phones in China decreased to 1.887 million units from 3.747 million a year earlier. Tired of too many ads? Remove Ads Chinese shipments of foreign-branded cellphones , including Apple Inc's iPhones, dropped by 49.6% year on year in March , according to data released on Monday by a government-affiliated research based on the data from the China Academy of Information and Communications Technology (CAICT) showed that March shipments of foreign-branded phones in China decreased to 1.887 million units from 3.747 million a year earlier.
Reuters
12-05-2025
- Business
- Reuters
China's March shipments of foreign-branded cellphones drop almost 50%
BEIJING, May 12 (Reuters) - Chinese shipments of foreign-branded cellphones, including Apple Inc's (AAPL.O), opens new tab iPhones, dropped by 49.6% year on year in March, according to data released on Monday by a government-affiliated research company. Calculations based on the data from the China Academy of Information and Communications Technology (CAICT) showed that March shipments of foreign-branded phones in China decreased to 1.887 million units from 3.747 million a year earlier.
