INSUBCONTINENT EXCLUSIVE:
Smartphone shipments within China down 31.8% year-on-year in FebruaryShipments of smartphones within China fell 31.8 per cent year-on-year
to 14.5 million handsets in February, the China Academy of Information and Communications (CAICT) reported on Monday.Shipments were down
from about 21.3 million handsets in February 2021 and 32.4 million in January 2022, according to the CAICT, a state-backed
think-tank.Handset brands are currently experiencing production issues due to a global computer chip shortage.A combination of factors
including demand miscalculation, unexpected factory shutdowns and United States -China tensions have prompted a number of automobile
companies to report chip sourcing issues.That shortage has since spread to many types of chips and all kinds of hardware, including
smartphones.Delayed upgrades from consumers have also caused sales to slow in China.(This story has not been edited by TheIndianSubcontinent
staff and is auto-generated from a syndicated feed.)
