Xiaomi overtakes Apple to become top-shipping wearable band vendor

A Xiaomi outlet in Fuzhou, east China's Fujian Province [CGTN-CFP]
A Xiaomi outlet in Fuzhou, east China’s Fujian Province [CGTN-CFP]
CGTN | 05-Sep-2021

Xiaomi overtook Apple to become the top-shipping wearable band vendor in the second half (Q2) of the year, according to a report by market analyst firm Canalys on Thursday. Xiaomi shipped eight million wearable bands in Q2 with a market share of 19.6 percent, the report showed. Continue reading “Xiaomi overtakes Apple to become top-shipping wearable band vendor”

China’s non-manufacturing PMI down in August

China's non-manufacturing PMI down in August [SHINE]
China’s non-manufacturing PMI down in August [SHINE]
SHINE | 03-Sep-2021 | Xinhua

The purchasing managers’ index for China’s non-manufacturing sector came in at 47.5 in August, down from 53.3 in July, the National Bureau of Statistics said on Tuesday. A reading above 50 indicates expansion, while a reading below it reflects contraction.