In 2023, China's smartphone market experienced a recovery, with a 1.5% year-on-year growth in December shipments. Huawei's resurgence in the 5G handset market has been a key driver of this rebound. Despite a global downturn, China's sector reported growth, primarily due to domestic brands like Huawei and Xiaomi. In December, Xiaomi surpassed Apple to become the top player in China's high-end market. However, for the year overall, Apple secured the top market share in China for the first time, with 17.3%, closely followed by Honor with 17.1%, even as Chinese smartphone shipments declined 5% year-on-year to 271.3 million units. Apple's iPhone shipments in China saw a 2% drop in Q4, while Huawei grew its market share.
$AAPL (-0.3% pre) Apple's iPhone shipments in China drop 2% in Q4 as Huawei grows market share - Reuters https://t.co/4X7ebXowr4
Apple's iPhone takes top spot in China for first time despite challenges $AAAPL https://t.co/HzLBY3XkkY via @business
Chinese smartphone shipments declined 5% YoY to 271.3M units in 2023; in a first, Apple gained the top spot with 17.3% marketshare, followed by Honor with 17.1% (IDC) https://t.co/1vSBKjY2Dx 📫 Subscribe: https://t.co/OyWeKSRpIM https://t.co/GMri7XkHWn
In 2023, the Chinese #smartphone market experienced a recovery, with a 1.5% year-on-year growth in shipments in Dec. #Huawei and #Xiaomi drove market growth, and in Dec, Xiaomi surpassed Apple to become the top player in #China, emerging as a new force in the high-end market. https://t.co/pX98zl0BVY
Amidst a global #smartphone downturn, China's smartphone sector went against the trend and reported growth in 2023, primarily due to domestic brands like #Huawei. https://t.co/uWccfZZ5bz
China’s smartphone market recovers in 2023 amid Huawei’s 5G handset comeback https://t.co/veckNSCf60 via @scmpnews