Apple shipped 2.5 million iPhones in China in March following virus slump: govt data [Reuters]
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Source: Reuters
Apple shipped 2.5 million iPhones in China in March following virus slump: government data SHANGHAI (Reuters) - Apple Inc ( AAPL.O ) shipped roughly 2.5 million iPhones in China in March, a slight rebound after one of its worst months in the country ever, according to government data published on Friday. Smartphone companies are hoping for a strong recovery in demand in China, where the deadly coronavirus is subsiding, just as it spreads overseas and looks set to trigger a global recession. Mobile phone shipments in China in March totalled 21 million units, according to data from the China Academy of Information and Communications Technology (CAICT), a government think tank. That was a more than three-fold increase from February, yet still down roughly 20% compared with March 2019. Chinese retailers largely resumed operations by early March, with brick-and-mortar outlets re-opening and e-commerce logistics getting back in gear after the virus and tough containment measures brought m
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