Chinese brands are taking aim at more lucrative segments in smartphones and gaining market share in the process.
Browsing: Xiaomi
Apple is back to the second spot, with 17.3% market share, as Chinese brands such as Huawei gain market share.
Apple’s iPhone sales in China fell 24% year on year in the first six weeks of 2024, while Huawei sales jumped 64%.
Samsung and Apple still dominate the very top end of the market, but Chinese brands are nipping at their heels.
The world’s most prolific smartphone maker is leaning into AI as the key to unlocking greater sales this year.
Apple and Samsung remain the most popular smartphone brands worldwide.
If Huawei and Xiaomi can pull it off, Apple will surely feel emboldened to take a crack at making its own electric car.
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