SHANGHAI - Apple Inc and Huawei Technologies [HWT.UL] each captured a higher share of China’s smartphone market in the first quarter, according to data from research firm Canalys released on Friday.
China’s Huawei, the No.2 smartphone seller in the world by volume, grabbed 41.4% of the domestic market, up from 33.9% a year earlier. Its overall unit shipments rose about 1% to 30.1 million. Apple shipments sank more than 4%, marking a significant dip but below the industry average. However, its share of the market grew, hitting 8.5% from 7.3% last year.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Good!