Apple's Q1 phone sales in China fall 19.1%, Huawei's up 70%
)'s smartphone sales declined by 19.1% in the first quarter of 2024, while rival Huawei's grew by 69.1%, signaling an increasing threat to the U.S. firm's dominance in the high-end segment of the world's largest smartphone market.
Apple's China smartphone market share fell to 15.7% in the fist three months of the year from 19.7% in the first quarter of 2023, according to Counterpoint Research.Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors.
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