Apple's iPhone 15 launches in China with people flocking to stores despite market worries

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People flocked to an Apple store on Friday to pick up the latest iPhone, despite market worries that nationalistic fervor would dampen the U.S. company's sales in China.

in China with a reportedly 5G-capable chip from SMIC. That's despite U.S. sanctions since 2019 which have almost wiped out Huawei's smartphone business.

One man, surnamed Zhao, said he'd wanted to buy Huawei's new phone, but it sold out the moment he tried to buy it online. "Since I couldn't get the Mate 60 I decided to get the new iPhone instead," he said in Mandarin, translated by CNBC. "I don't think there's too much of a difference."

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