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apple (AAPL) returned to the top Fastest growing competitors in China.
What the iPhone maker had was Second highest share in China’s smartphone market In the third quarter, it was 15.6% and then moved back into the top five. Fell to 6th place According to data from the International Data Corporation, in the second quarter
Huawei was just below Apple, with a 15.3% share of China’s smartphone market. However, while Apple’s market share shrank by 0.3% year-on-year, Huawei’s share increased by 42% from 11.1% in the third quarter of last year.
“Huawei has made a remarkable comeback, posting at least double-digit growth for four consecutive quarters,” IDC said. “The launch of the world’s first tri-fold mobile phone is expected to further promote the development of the folding market.”
Since launching the Mate 60 Pro series in August last year, Huawei has made a comeback in the Chinese smartphone market. Huawei and other domestic smartphone makers have achieved double-digit growth this year, China’s smartphone shipments increase by 8.9% According to a previous IDC report, the second quarter was year over year.
According to IDC, Apple made a comeback with the launch of the iPhone 16, with initial sales on par with the iPhone 15. “We expect upcoming promotions and the anticipated launch of Apple Intelligence to drive future demand,” the US-based company said in a statement. IDC stated:
Overall, China’s smartphone shipments increased 3.2% year over year to 68.8 million units in the third quarter, marking the fourth consecutive quarterly increase.
“A large wave of device upgrades is driving the sustained recovery of China’s smartphone market,” said Arthur Guo, senior research analyst at IDC China. “Despite continuing economic challenges, consumers are increasingly willing to buy new smartphones after three years of pent-up demand.”
Apple’s top spot is domestic smartphone maker vivo, with China’s Xiaomi and Honor in the top five.
iPhone 16 sales status in China 20% increase in first 3 weeks Bloomberg reported on the launch comparison with the iPhone 15 series, citing data from Counterpoint Research. According to the data, Chinese consumers opted for the more expensive Pro and Pro Max models, with sales of these models increasing 44% year over year.
Earlier this week, Apple CEO Tim Cook visited China for the second time this year and told Chinese Minister of Industry and Information Technology Jin Zhuanglong: The US tech giant plans to “We will continue to increase investment in China and support the high-quality development of industrial and supply chains,” according to a translation of the ministry’s WeChat post.
Meanwhile, according to a report, the US government is in the final stages of considering restrictions on US foreign investment in China in sensitive technologies such as artificial intelligence, semiconductors and quantum computing. Government updates. The final rule is expected to be will be released next week Or for a few weeks, Reuters (Tori) reported.
