In the heart of China’s smartphone market, a seismic shift unfolds as Apple grapples with a staggering 19% decline in shipments, marking its worst performance since 2020. The resurgence of Huawei, fueled by new product launches, catapults it to the forefront, challenging Apple’s dominance and pushing it to third place behind Vivo. With market dynamics evolving rapidly, Apple faces tough competition and subdued demand, underscoring the volatility of the tech landscape in the world’s largest smartphone market.
- Apple’s smartphone shipments in China dropped 19% in Q1, worst since 2020.
- Huawei’s new product launches impacted Apple’s market share, with Huawei’s sales soaring 70%.
- Apple slipped to third place in China’s smartphone market, losing ground to Vivo and Huawei.
- Counterpoint analyst notes Huawei’s comeback and subdued replacement demand for Apple.
Source:
finance.yahoo.com/news/apples-q1-phone-sales-china-080955419.html
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