Chinese government data: foreign-branded smartphone shipments, most of which are iPhones, rose 52% YoY to ~3.5M in April, after stabilizing in March 2024 (Yuan Gao/Bloomberg)

Yuan Gao / Bloomberg:

Chinese government data: foreign-branded smartphone shipments, most of which are iPhones, rose 52% YoY to ~3.5M in April, after stabilizing in March 2024  —  – Official data for April showed Chinese mobile demand returning  — The iPhone’s bad start to the year prompted retail price cuts