{
Frank Herbert

People

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apple loses smartphone market share in china to vivo and huawei

Apple's smartphone shipments in China fell 17% in 2024, allowing Vivo and Huawei to surpass it as the top sellers, with market shares of 17% and 16% respectively. The overall market grew 4%, but Apple faced challenges from local brands and a decline in revenues, prompting efforts to enhance AI features. A new subsidy program may boost demand for smartphones, particularly benefiting domestic manufacturers.
@FinancialTimes
Apple Inc. Vivos Inc. CHN USA Tim Cook Frank Herbert
Business & Industry, Market Report
08:59 16.01.2025
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