October 16, 2023

Apple’s iPhone has officially been dethroned from its position as the smartphone market share leader in China, according to a Monday report from Jefferies analysts.

The analysts said smartphone sales in China have showed positive growth year over year, driven primarily by high double-digit growth in Android sales led by Huawei, Xiaomi and Honor devices. But Apple’s iPhone has seen a significant, double-digit decline, and its volume growth year over year has been negative since the iPhone 15 launched, according to the analysts.

As a result, Huawei overtook the iPhone in the No.1 spot for market share.

Read more:

https://www.cnbc.com/2023/10/16/apples-iphone-loses-top-spot-in-china-to-huawei-analysts.html