In October, sales of foreign-branded phones in China rose significantly, jumping by 13.0%, according to recent data. This growth highlights the increasing demand for international smartphone brands in the Chinese market, despite intense competition from domestic manufacturers. The surge can be attributed to consumer preferences for the latest technology and features that foreign brands often offer. Industry experts suggest that this trend might continue as global companies expand their market strategies in China. With this increase, foreign brands are gradually strengthening their foothold in one of the world’s largest smartphone markets. The data underscores an evolving consumer landscape in China, where foreign and domestic companies are vying for dominance. Analysts are closely watching this development as it signals potential shifts in the global smartphone industry dynamics.
ReutersNew data shows smarter solutions to change-of-mind returns as retailers crack down
In a bid to address the rising costs associated with change-of-mind returns, many retailers are implementing stricter policies. However, recent data suggests that a more