Apple Inc and Huawei Technologies each captured a higher share of China's smartphone market in the first quarter, according to data from research firm Canalys released on Friday.
Total smartphone shipments in the country in the three months ended March fell 18per cent from a year earlier to 72.6 million, the data showed, as the coronavirus outbreak took a toll on Chinese supply chains and consumer demand.China's Huawei, the No.2 smartphone seller in the world by volume, grabbed 41.4per cent of the domestic market, up from 33.9per cent a year earlier. Its overall unit shipments rose about 1per cent to 30.1 million.
All four companies rely significantly on overseas sales for revenue, although Huawei will depend on the domestic market increasingly as its latest devices do not run the complete suite of Google Mobile Services due to restrictions placed on it by the U.S. government. Apple is expected to release its first 5G phone later this year. Online retailers in China recently slashed prices of the iPhone 11, and analysts said the company's new, mid-range iPhone SE was selling better than expected in the country.
Canada Canada Latest News, Canada Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »