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More Than 50% of New Smartphones Were Sold To Upgrade Existing Ones in China: Umeng Report 2013

The percentage of new devices that were bought to upgrade existing ones stood at 56% and 59% in Q3 and Q4 last year respectively, eclipsing the percentage for smartphones purchased by first-time buyers, according to the 2013 China Mobile Internet Overview released by Chinese mobile analytics and service provider Umeng. By the end of 2013, China recorded more than 700 […]