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Imint continues to face headwinds in the smartphone market, which witnessed its fifth consecutive quarter of decline. Consequently, sales decreased on a y/y and q/q basis, and Imint reported a loss. Still, Imint is well-capitalized to weather the bleak smartphone market in 2023 and is investing in its new Professional segment in a macroenvironment where many other peers might not be able to do so.
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