China's Exports of Foreign-Branded Phones Drop 50%

Chinese shipments of foreign-branded cellphones, including Apple Inc.'s, dropped by 49.6% year-on-year in March, according to data released Monday by a government-affiliated research company.

Calculations based on the data from the China Academy of Information and Communications Technology (CAICT) showed that March shipments of foreign-branded phones in China decreased to 1.887 million units from 3.747 million a year earlier.