BEIJING (AFP) – Apple last year took the largest share of smartphone shipments in the Chinese market for the first time, new data showed on Friday, despite stiffening competition from local players that included a resurgent Huawei. The United States (US) tech giant’s market share in the world’s second-largest economy came in at 19 per cent, industry data provider Canalys said. During a visit to Beijing in March, Apple chief executive officer Tim Cook said his company enjoyed a “symbiotic” relationship with China. Coming in behind Apple last year – with annual smartphone shipment market shares in China of 16 per cent each – were three local manufacturers: Vivo, Oppo and Honor. “Huawei has become the biggest dark horse (in the fourth quarter), returning to the top five league table of Mainland China’s smartphone market after 10 quarters,” said research analyst at Canalys Lucas Zhong.

Source: GNN Liberia January 28, 2024 03:36 UTC