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Apple iPhone Sales In China Plummet As Huawei Soars
Huawei is back from the dead after recording a sales jump of 64% in the first six weeks of 2024 compared to a year earlier. Meanwhile, Apple's iPhone sales in China fell by 24% during the same period. The BBC reports: Aside from a resurgence of Huawei sales at the more expensive end of the Chinese ...
The BBC reports: Aside from a resurgence of Huawei sales at the more expensive end of the Chinese phone market, Apple was also "squeezed in the middle on aggressive pricing from the likes of Oppo, Vivo and Xiaomi," Counterpoint Research's Mengmeng Zhang wrote. Huawei struggled for years due to US sanctions but its sales surged after releasing its Mate 60 series of 5G smartphones in August. Its report also said Apple's share of the Chinese smartphone market dropped to 15.7% from 19% last year, putting it in fourth place as it fell from the number two spot.
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