"Apple Surpasses Competition to Claim Top Spot in China's Smartphone Market"

1 min read
Source: CNBC
"Apple Surpasses Competition to Claim Top Spot in China's Smartphone Market"
Photo: CNBC
TL;DR Summary

Apple became the largest smartphone vendor in China for the first time in 2023, with a market share of 17.3%, while Huawei returned to the top five rankings. Despite a 2.2% decline in overall smartphone shipments, Apple's success was attributed to timely price promotions, while Huawei's resurgence was fueled by the release of the Mate 60 containing a cutting-edge semiconductor. The uncertain economic environment and weak consumer spending in China have impacted the smartphone market, with Honor, Vivo, and Oppo also holding top spots.

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