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intense competition reshapes chinese high-end smartphone market in 2024
The Chinese high-end smartphone market is experiencing significant shifts, with Huawei's resurgence challenging Apple's dominance. In 2024, Huawei captured 30.7% of the high-end market, while Apple's share fell to 51.1%. As domestic brands like Honor and Xiaomi strive for growth, the competition intensifies, particularly with the anticipated rise of AI smartphones and national subsidies in 2025.
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