Post-Election Tariff Worries May Have Boosted U.S. Phone Imports — Panjiva
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Post-Election Tariff Worries May Have Boosted U.S. Phone Imports

China 3048 Earnings 759 Info Tech - Comms Equip 262 South Korea 605 U.S. 5399 Vietnam 412

U.S. mobile phone imports increased 4% in November, with the three month total falling 0.3% on a year earlier. That compares to 6% growth in the third quarter and comes ahead of Apple and Samsung’s forthcoming fourth quarter results. Imports from Vietnam and South Korea – a proxy for Samsung’s shipments – increased 19% over the past three months. Imports from China fell 1% on a year earlier in unit terms, but increased 20% in value terms in November. That would suggest a rush of higher-end smartphone shipments to beat import tariffs under the new U.S. administration. They could equate to...

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