People look at the new handset during a mobile phone trade fair on
Smartphone retailers may be feeling a chill despite
Industry insiders have warned independent handset dealers to find a new cash cow.
"The iPhone sales declined a few months ago, and I feel the Samsung devices may face a similar downturn soon," Chen said inside his 4-square-meter booth. He gestured toward the shopping mall. "Take a look around. Nobody relies on selling only Samsung and
Samsung is the biggest maker of smartphones sold through retail channels in
"Chinese customers are losing their enthusiasm for iPhones and Samsung's flagship products," Jin said.
Less than a month before
Some vendors in Zhongguancun set the preorder price at
The preorders they got were next to zero.
Chinese brands with the highest shipments mainly rely on orders from telecom carriers. Contract phone sales for
"Lack of product innovation dragged down Samsung's market share in
Smartphone sales are expected to shrink after total shipments peaked last year. With growing online sales, fewer people are willing to buy smartphones at brick-and-mortar stores.
Xiaomi Corp, a
Chinese retailers are shifting to accessories and repairs as fewer smartphone buyers frequent their stores.
Device repair, smartphone cases and screen protectors are among the most thriving businesses, according to shop owner Chen.
"People can stop buying handsets from the stores, but they can't get their phone repaired without showing themselves in front of my counter," he said.
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