Shrinking returns hit OEMs
By Shi Jing In Shanghai | China Daily | Updated: 2015-09-07 09:03
Component firms are being squeezed by domestic brands and cut-throat pricing war
High-tech Chinese companies that make components for major global smartphone brands, such as Samsung, Apple and Nokia, are struggling to stay afloat.
Hit by dwindling profits, original equipment manufacturers, or OEMs, have faced a tough operating climate since the end of last year.
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