Covid-19: After economic fallout, Apple, Xiaomi show some recovery in China


Apple Inc shipped roughly 2.5 million iPhones to 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 now subsiding, just as it spreads across the world 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. Read More

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