GUANGZHOU -- Smartphone shipments in China are on track to fall to their lowest point in a decade this year as market saturation, longer waits between upgrades, and increasingly budget-conscious consumers combine for what could prove a prolonged downturn.
In the first half of the year, smartphone shipments in the world's largest market sank 21.7% on the year to 134 million, according to the China Academy of Information and Communications Technology.