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Apple's iPhone loses ground in China as Huawei and local brands surge ahead

Summary by The Economic Times
Apple Inc. lost market share in China in the June quarter, with iPhone shipments dropping 3.1% as local brands like Huawei surged. This pushed Apple out of the top five handset makers in China for the first time in four years. Huawei's shipments rose 50%, contributing to Apple's decline.
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