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This decline is likely to continue for the next six to nine months
Falling demand is causing concern for the global smartphone market
Wristwatches accounted for 76.6 pc of all wearable shipments in this quarter
The impact of the Ukrainian and Russian conflict had a significant impact, according to Canalys
The shipment decline in Western Europe follows a long period of strong growth, but numbers are still above pre-pandemic levels
Bullitt has also introduced a range of new care services to extend the life cycle of its products
A number of factors have been blamed for the dip in sales, including the Ukraine-Russia fallout
Demand for more expensive PCs helped the overall revenue to grow
Xiaomi also reported strong growth in premium smartphone sales, AIoT development, smart ecosystems, internet services revenue and investment in R&D
The market grew 148pc year-on-year in 2021