IDC: Chinese smartphone market growth rate accelerated to 8.9% in 2Q 24.
$Apple(AAPL.US$ still saw a 3.1% y/y decline, while Huawei grew 50.2% on the low base.
According to IDC analyst, Huawei $Huawei Hongmong(LIST0795.SH$ was the leader in the market despite the US trade restrictions, further closing the gap with Apple in the >US$600 segment.
According to IDC analyst, Huawei $Huawei Hongmong(LIST0795.SH$ was the leader in the market despite the US trade restrictions, further closing the gap with Apple in the >US$600 segment.
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