7 July 2026

Counterpoint: China smartphone sales fell 13% YoY during the 618 shopping festival as brands raised prices to offset memory costs; Honor fell 33% and Xiaomi 24% (Reuters)

Reuters:
Counterpoint: China smartphone sales fell 13% YoY during the 618 shopping festival as brands raised prices to offset memory costs; Honor fell 33% and Xiaomi 24%  —  Smartphone sales in China fell 13% year-on-year during the month-long 618 shopping festival, as brands raised prices …

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