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Apple Faces Mounting Pressure in China's Smartphone Market

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APPLE,CHINA,SMARTPHONE MARKET

Foreign mobile phone shipments in China plummeted in November, with Apple dominating the market but facing increasing competition from domestic brands. The figures, based on official Chinese data, show a 47.4% year-on-year decline in shipments to 3.04 million units.

In November, foreign mobile phone shipments in China stood at 3.04 million units, down 47.4% year-on-year, according to CNBC calculations using official Chinese data.

The figures highlight the mounting pressure Apple is under in the world's largest smartphone market as a result of rising competition from domestic brands.

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