Apple tops China sales for first time in six years after Huawei fades

  • Date: 27-Jan-2022
  • Source: Gulf Times
  • Sector:Economy
  • Country:Gulf
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Apple tops China sales for first time in six years after Huawei fades



Apple tops China sales for first time in six years after Huawei fades

January 26 2022 10:00 PM



A customer uses her new smartphone during the release of new iPhone at an Apple store in Shanghai (file). Apple was Chinaق€™s top-selling smartphone brand in 2021ق€™s final quarter, industry research showed, taking top spot in the worldق€™s largest mobile market for the first time since 2015.



Bloomberg

Apple Inc was China’s top-selling smartphone brand in 2021’s final quarter, industry research showed, taking top spot in the world’s largest mobile market for the first time since 2015.

The newly released iPhone 13 helped Apple out-sell Chinese rivals Vivo and Oppo after Huawei Technologies Co plummeted down the rankings, Counterpoint Research said in a report yesterday. Apple’s sales in the country surged 32% even while the overall domestic market shrank 9%, hurt by chip shortages and an economic slowdown that have constrained both production and consumer demand.

The shuffle marks a shift in market dynamics after US curbs on technology exports crippled Huawei’s smartphone business, briefly the world’s largest. The Chinese networking giant was forced to spin off mobile arm Honor in 2020, which ranked fifth in the quarter after Xiaomi Corp. Apple’s