. In April and May, year-over-year iPhone shipments rose 52% and 40% respectively. Apple had run into some issues in the world's largest smartphone market last year starting with the shocking release of Huawei's Mate 60 line in August. Powered by a Huawei-designed 5G Kirin chip for the first time since 2020's Mate 40 line, Huawei's ability to workaround U.S. sanctions to obtain a 5G SoC electrified the country.
"The growth in the second quarter signals a gradual market normalization, but we still expect a modest single-digit recovery for the year. Three key trends will impact the market landscape in the second half of 2024. Firstly, the market will be closely watching Huawei's upcoming launch of HarmonyOS Next, as the vendor aims to position it as a third major mobile OS alongside Android and iOS.
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