{"id":4865,"date":"2024-04-24T13:44:41","date_gmt":"2024-04-24T13:44:41","guid":{"rendered":"https:\/\/sotnews.agency\/?p=4865"},"modified":"2024-04-24T13:44:41","modified_gmt":"2024-04-24T13:44:41","slug":"apple-faces-declining-sales-in-china-as-huawei-soars","status":"publish","type":"post","link":"https:\/\/sotnews.agency\/?p=4865","title":{"rendered":"Apple faces declining sales in China as Huawei soars"},"content":{"rendered":"
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\n \t<\/i> Read Time:<\/span>1 Minute, 37 Second <\/div>\n\n <\/div>

Huawei is not only making a roaring\u00a0comeback<\/a>\u00a0in China,\u00a0it is also on the verge of overtaking Apple in the world\u2019s largest smartphone market.<\/p>\n

The Shenzhen-based conglomerate, which has been a flashpoint in the escalating rivalry between Washington and Beijing, saw 70% year-on-year growth in its smartphone sales in China in the first quarter, while Apple\u2019s sales declined by more than 19%, according to Counterpoint Research.<\/p>\n

\u201cApple\u2019s sales were subdued during the quarter as Huawei\u2019s comeback has directly impacted Apple in the premium segment,\u201d said Ivan Lam, senior research analyst at Counterpoint.<\/p>\n

The iPhone maker, which led China\u2019s smartphone market with a share of nearly 20% in the first quarter of 2023, has fallen to the third spot in the first three months of\u00a0<\/strong>this\u00a0<\/strong>year, according to Counterpoint. Its market share now stands at 15.7%, while Huawei\u2019s has jumped to 15.5%, from 9.3% last year.<\/a><\/p>\n

<\/a>Huawei\u2019s popular Mate 60 Pro smartphone made headlines last year when the US government\u00a0sought more information<\/a>\u00a0about the model, which included a sophisticated processor. Its debut shocked industry experts who questioned how the company could\u00a0<\/strong>acquire\u00a0<\/strong>such a chip following sweeping efforts by the United States to restrict China\u2019s access to foreign chip technology because of national security concerns.<\/p>\n

Counterpoint\u2019s data comes just days after another market research firm IDC said Apple\u2019s global smartphone sales had tumbled\u00a010% in the first quarter<\/a>, mainly because of loss of momentum in China.<\/p>\n

China is the largest market behind the United States for Apple, but the company is facing a challenging time in the world\u2019s second-largest economy. Chinese\u00a0<\/strong>consumers, who once would have considered Apple, are now turning to Chinese brands.<\/p>\n

Overall smartphone sales in China grew 1.5% in the first quarter, according to Counterpoint. Local smartphone makers Vivo and Honor were the top two brands by market share.<\/p>

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Huawei is not only making a roaring\u00a0comeback\u00a0in China,\u00a0it is also on the verge of overtaking Apple in the world\u2019s largest smartphone market. The Shenzhen-based conglomerate, which has been a flashpoint… <\/p>\n","protected":false},"author":1,"featured_media":4866,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"facebook_2277560469115098_106292521332774":"","twitter_aToxNzczMzI3Njk4OTg4ODUxMjAxOw==_1773327698988851200":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[13],"tags":[],"class_list":["post-4865","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-world"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/posts\/4865","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/sotnews.agency\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4865"}],"version-history":[{"count":0,"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/posts\/4865\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/media\/4866"}],"wp:attachment":[{"href":"https:\/\/sotnews.agency\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4865"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sotnews.agency\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4865"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sotnews.agency\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4865"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}