These results have been influenced by many factors, including curfews due to COVID. But the bigger problem is that consumers no longer want to upgrade their smartphones, writes ITC.
The fact is that the life cycle of smartphones is getting longer. Their support for 5G may have been the driving force behind the move to new models, but the cost of such communication services proved too high. Many people in China prefer to keep their cheaper 4G plans.
Source: Ferra
