China smartphone shipments (Y/Y): Dec -29.4%, FY25 -3.3%, via CAICT
The significant year-on-year decline of 29.4% in December smartphone shipments from China indicates a sharp contraction in consumer demand that could signal ongoing economic challenges.
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China has reportedly given conditional approval to DeepSeek for NVIDIA's (NVDA) H200 chip
China smartphone shipments (Y/Y): Dec -29.4%, FY25 -3.3%, via CAICT
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The annual reduction of 3.3% for FY25 reinforces concerns about the broader tech sector's outlook and might prompt traders to reassess growth projections and their impact on related markets such as consumer electronics and retail. This data could also influence investor sentiment towards Chinese equities and broader Asian markets going forward.
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