Crispr Therapeutics shares tumble after significant earnings miss
Investing.com -- Shipments of foreign-branded smartphones, including Apple Inc (NASDAQ:AAPL)'s iPhone, experienced a slight increase in China in December, according to recent data.
The statistics, released by a government-affiliated research firm, indicated a 0.6% rise year-on-year.
The China Academy of Information and Communications Technology (CAICT) provided the data, which was used to calculate the increase.
The calculations revealed that the number of foreign-branded phones shipped in China rose to 3.74 million units in December. This is a slight increase from the 3.72 million units shipped during the same period a year earlier.
In addition to the increase in foreign-branded smartphone shipments, overall phone sales in China also saw a surge.
The CAICT data indicated a 22.1% increase in overall phone sales, with the total units sold amounting to 34.53 million in December.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.