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

Summary by WION
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.

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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.

·Noida, India
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WION broke the news in Noida, India on Wednesday, April 24, 2024.
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