China Smartphone Shipments Post First Quarterly Drop Since 2011
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Smartphone shipments in China fell for the first quarter in more than two years in a sign that growth in the world’s biggest market may moderate, according to market researcher IDC.
There were 90.8 million smartphones shipped in China in the three months ended Dec. 31, down 4.3 percent from 94.8 million in the September quarter, IDC said in a statement on its Website. It was the first drop since the second quarter of 2011.