Posted 10/16/2023, 5:35:00 PM
Huawei Overtakes Apple's iPhone in China Smartphone Market Share
- iPhone lost top spot for market share in China to Huawei
- Lackluster iPhone 15 launch allowed Huawei to take #1 spot
- Apple expected most expensive iPhone 15 to be top seller, but sales are down
- iPhone volume growth has been negative since latest model launch
- Apple cut iPhone 15 production by 8 million units before launch
- Huawei sales grew high double digits in China, outpacing Apple
- Analysts say iPhone could lose to Huawei in China in 2024
- Weak China demand could lead to lower global iPhone shipments
- Huawei launched Mate 60 Pro with made-in-China processor
- Decline in iPhone sales in China blamed on struggling economy
- Huawei could sell over 10 million Mate 60 Pro units in 2024
- US-China relations impact smartphone war between Apple and Huawei