Apple faces decline in Chinese smartphone market amidst Huawei's resurgence

Apple faces decline in Chinese smartphone market amidst Huawei's resurgence

Apple experienced a major setback in the Chinese smartphone market during the first quarter of the year, with shipments falling by 19 per cent, marking its poorest performance since 2020. This decline can be attributed to intensified competition from Huawei's latest product releases, particularly in the premium segment, according to market data cited by Reuters.