Panjiva data shows U.S. imports of smartphones increased 16% in August on a year earlier. While September and October are more important, a 19% increase in imports from China suggests a solid performance for Apple’s iPhone 7. A 19% increase in Foxconn’s exports of phones from China underscores this, though 26% fewer shipments from fellow Apple supplier Pegatron provides a note of caution. A 48% drop in U.S. imports of phones from South Korea are early signs of Samsung’s Galaxy Note 7 woes, as is a 40% slide in global exports by its China plants. These will likely drop further now that pr...