The Zhitong Finance App learned that Omdia's latest research shows that mainland China shipped 59.3 million mobile phones in the third quarter of 2026, down 12% year on year, a record low since 2013; high storage costs suppressed demand, leading the total share of Huawei and Apple (AAPL.US) with 41%. Other manufacturers are under pressure, and are expected to drop by about 7% for the whole year.

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