Chinese firms expanding presence in global smartphone market
Seoul - Yonhap
Chinese smartphone manufacturers are seeing their presence further expand in the global market on the back of growing demand for midrange and low-end devices, industry data showed on Monday. According to the data by Strategy Analytics, China's four major handset makers -- ZTE Corp., Huawei Technologies Co., Lenovo Group Ltd. and Coolpad -- garnered a combined 19 percent share of the global smartphone shipments in the second quarter of this year, up 5 percentage points from a year earlier.
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