Apple iPhone shipments rebounding in China ahead of 'iPhone 12' launch

Apple iPhone shipments rebounding in China ahead of 'iPhone 12' launch

AppleInsider

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Ahead of Apple's iPhone launch season, investment bank JP Morgan says that an August rebound in Chinese mobile device shipment in indicates improving momentum for the smartphone market.

Credit: Andrew O'Hara, AppleInsider
In a note to investors seen by AppleInsider, JP Morgan analyst Samik Chatterjee provided an update on Chinese mobile device shipments based on new China Academy of Information and Communications Technology (CAICT) data. According to the CAICT, smartphone shipments rebounded month-over-month in August after three consecutive months of decline.

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