Just three months ago, Apple became the top-selling smartphone brand in China for the first time in six years. Now it's fallen back behind its Chinese rivals after suffering more than others from a first quarter slump in sales
Hong Kong Just three months ago, Apple became the top-selling smartphone brand in China for the first time in six years. Now it's fallen back behind its Chinese rivals after suffering more than others from a first quarter slump in sales.
Two research reports published this week showed Apple slipping to third spot, behind Chinese Android handset brands.The change in market rankings comes as China faces a sharp economic slowdown, and as Covid restrictions slam the brakes on consumer spending.Smartphone sales in China declined 14% in the first quarter, as volumes fell"close to the levels seen during the severe pandemic-impacted Q1 2020," Counterpoint Research said in a report on Thursday.
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