An executive of the company that supplies the smartphone industry with NFC chips says iPhone sales will remain strong in China.
China is the largest smartphone market in the world followed by India and the U.S. While Counterpoint Research notes that smartphone sales declined 8% during last month's"618" holiday , sales of the iPhone in China rose 8% during the shopping holiday. And a forecast made by NXP indicates that the iPhone's upward trend in China will continue.
You might recall that back in 2016 Qualcomm offered to buy NXP for $110 a share and then hiked that bid to $127.50 or $44 billion. However, the deal required one last country to give regulatory approval and that was China. Eventually,
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