China's smartphone market shrank 2% in first 8 weeks of Q3, data shows

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China's smartphone market faced a slight dip. Apple saw a decrease before its new iPhone launch. Honor and Vivo also experienced shipment declines. However, Huawei and Oppo managed to boost their sales. Weak consumer demand impacted the overall market. Pre-sales for the new iPhone series show promise. Counterpoint predicts a slight market decline for the third quarter.