China’s Cooling Smartphone Market Creates Zero-Sum Web Game

Hi folks, it's Shelly Banjo. Raise your hand if dollar signs pop into your mind when thinking about China’s 1.4 billion consumers. That was certainly true for mobile-phone makers in the 1990s and until 2012, when the country surpassed the U.S. to become the world's largest smartphone market.

Now, basically everyone in China has a phone. That amazing China mobile growth story? Yea, that's over. And it's going to have a much bigger impact on China's tech industry than many people realize.