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Chinese Smartphone Market

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Huawei Surges to the Top of Chinese Smartphone Market as Apple Falters

Originally Published 1 year ago — by Gizchina.com

Featured image for Huawei Surges to the Top of Chinese Smartphone Market as Apple Falters
Source: Gizchina.com

In the fourth quarter of 2023, Huawei's smartphone shipments in China surged by 36.2%, solidifying its position as the fourth-largest vendor with a 13.9% market share, while Apple's iPhone shipments fell by 2%. The Chinese smartphone market is highly competitive, with domestic brands like Huawei, Xiaomi, Oppo, and Vivo dominating through brand reputation and competitive pricing, while Apple and Samsung maintain a presence in the premium segment. Huawei's resurgence, fueled by new product launches and increasing demand for its 5G handsets, underscores its resilience despite past challenges, while Apple faces the need to navigate the competitive landscape and address evolving consumer preferences in China.

Huawei's 5G Mate 60 series sparks massive profit surge

Originally Published 2 years ago — by PhoneArena

Featured image for Huawei's 5G Mate 60 series sparks massive profit surge
Source: PhoneArena

Despite facing U.S. sanctions, Huawei released its Mate 60 flagship line equipped with a 7nm Kirin 9000s application processor (AP) that supports 5G. The introduction of the Mate 60 series with its 5G chipset has had a significant impact on Huawei's bottom line, with the company reporting a 118% increase in profits in the third quarter. Despite losing support from its once loyal customers, Huawei continues to innovate and regain its status in the Chinese smartphone market.