Apple iPhone 16 Boosts Sales in China, Climbs to No 2 in Smartphone Market
Key Highlights
$Apple (AAPL.US)$ captures 15.6% of the Chinese smartphone market, ranking No 2 behind Vivo at 18.6%
iPhone 16 series sales revived Apple's market position after a previous decline
Apple's market share fell 0.3% year-on-year, but sales aligned with previous models
Huawei's shipments surged 42%, securing 15.3% market share, just behind Apple
Huawei has witnessed at least four consecutive quarters of double-digit growth
China's smartphone market grew 3.2% to 68.8 million units in Q3.
$Apple (AAPL.US)$ captures 15.6% of the Chinese smartphone market, ranking No 2 behind Vivo at 18.6%
iPhone 16 series sales revived Apple's market position after a previous decline
Apple's market share fell 0.3% year-on-year, but sales aligned with previous models
Huawei's shipments surged 42%, securing 15.3% market share, just behind Apple
Huawei has witnessed at least four consecutive quarters of double-digit growth
China's smartphone market grew 3.2% to 68.8 million units in Q3.
Why This Matters
Apple's resurgence reflects China's strategic market importance for global brands
Rapid growth by Huawei highlights intensified competition in the premium segment.
Apple's resurgence reflects China's strategic market importance for global brands
Rapid growth by Huawei highlights intensified competition in the premium segment.
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