In today's video, analysts Austin Smith and Andrew Tonner discuss the amazing smartphone boom in China.
With global smartphone shipments hitting 158 million devices in the second quarter and China making up 27% of those devices, the smartphone boom is just getting started. China saw a 199% increase from last year and still has a long runway ahead of it. While Apple (Nasdaq: AAPL) is in 5th place for market share, both Austin and Andrew like its odds with the launch of new devices in the country.
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A version of this article, written by Austin Smith, originally appeared on fool.com
