Big problems for Apple in China.

Apple loses mantle as world’s biggest phone seller to Samsung as China sales drop
South Korean firm regains pole position amid biggest drop in iPhone sales since Covid-19 lockdowns

Apple has lost its spot as the world’s biggest mobile phone seller after a steep sales drop as South Korean rival Samsung retook the lead in the global market share.

Samsung had been the biggest seller of mobile phones for 12 years until the end of 2023, when sales of Apple’s iPhone models overtook it.

Global smartphone shipments increased by 8% to 289.4m units during January-March, according to research firm IDC. Samsung won a 20.8% market share, beating Apple’s 17.3% share, which has been dented by slowing sales in China.

IDC said that Apple shipped 50.1m iPhones in the first quarter, down from the 55.4m units it shipped in the same period last year. It was the biggest drop in iPhone sales since Covid-19 lockdowns caused global supply chain chaos in 2022.

https://www.theguardian.com/business/2024/apr/15/apples-loses-mantle-as-worlds-biggest-phone-seller-to-samsung-as-china-sales-drop

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