Apple and Samsung have steadily ceded ground in China to aggressive local manufacturers since Xiaomi Corp came on the scene around 2011. Chinese vendors are marketing higher-end gadgetry that appeals to consumers seeking Apple-like quality and innovation. IPhone shipments plummeted 23.2% in 2016, shrinking Apple’s market share to just 9.6% – the lowest in about two years. “Apple’s 10-year anniversary iPhone will also likely attract some of the high-end Android users in China to convert to an iPhone,” IDC said. Now local vendors are setting their sights overseas.
Source: The Star February 06, 2017 08:01 UTC