Apple Inc 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.
) 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. That was a more than three-fold increase from February, yet still down roughly 20% compared with March 2019. In its quarterly earnings call, the then-CFO of Xiaomi Corp said that the Chinese market had recovered to roughly 80% of its normal levels.
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