Smartphone shipments decline in September

China’s smartphone shipments fell 5.7 percent year-on-year in September to 34.7 million units, according to data from the China Academy of Information and Communications Technology (CAICT). Last month, smartphones made up 95.7 percent of all mobile phone shipments in the country, said a report from the CAICT, a research institute under the Ministry of Industry and Information Technology. Overall mobile phone shipments declined 7.1 percent year-on-year to 36.2 million units, but jumped 17.4 percent month-on-month. In the first nine months of this year, China’s smartphone shipments slipped 4.2 percent from a year earlier to 275 million units, according to the report. Gulf of Finland. The deal, which is worth about 12 billion euros ($13.3 billion), was signed between the China National Chemical Engineering No 7 Construction Co Ltd and Baltic Chemical Complex of Russia, said the CNCEC in a statement filed on the Shanghai Stock Exchange. The total construction period will last for five years. percentage of the total revenue, falls to 11.3 percent of sales after adjustment, 4.5 percent lower than expected. The drop is due to the higher rates on company debt, and a shortfall of around 20 million euros ($22 million) of license income in the segment Other, which is related to innovation, strategy, IP royalties, central costs, and other small items. despite a double-digit fall in export, customs office data showed on Tuesday. Trade surplus amounted to $6 billion in September, logging the biggest monthly figure this year, according to Korea Customs Service. The trade balance stayed in the black since February, 2012. Export diminished 11.7 percent over the year to $44.7 billion in September, while import reduced 5.6 percent to $38.7 billion in the month. Semiconductor export tumbled 31.6 percent on the ongoing downturn of business cycle of the global chip industry, while oil product export declined 18.2 percent amid the cheaper crude oil.