Huawei’s 42pc growth stuns as Apple loses ground in China’s smartphone market

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Huawei News

China,Smartphone Market,Apple

BEIJING, Oct 25 — Apple’s iPhone sales in China slipped 0.3 per cent while rival Huawei posted a 42 per cent surge in the third quarter of 2024, as competition intensifies in...

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Apple reached second place with a 15.6 per cent market share, though down 0.5 percentage points year-on-year, while Huawei claimed third place with 15.3 per cent, gaining 4.2 percentage points, showed data from researcher IDC today.The contrasting performances follow Huawei’s comeback last year in the premium segment with its Mate 60 series, featuring what analysts said is a domestically produced chip.

Apple has faced additional headwind in China, including restrictions on iPhone use by some government agencies.The third-quarter performance was partly helped by the new iPhone 16, which went on sale on Sept. 20. On the same day, Huawei launched a competing product- a tri-foldable phone.

 

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