HT TECH wants to start sending you push notifications. Click allow to subscribe

iPhone Takes Top Spot in China for 1st Time Despite Challenges Even As iPhone 15 Facing headwinds

Apple iPhone was the top-selling smartphone series in China for the first time last year, a surprisingly strong showing in the face of fierce competition. However, iPhone 15 is facing headwinds.

By: BLOOMBERG
Updated on: Jan 26 2024, 07:16 IST
Apple iPhone is the top-selling smartphone in China. (Unsplash)

Apple iPhone was the top-selling smartphone series in China for the first time last year, a surprisingly strong showing in the face of fierce local competition and expanding government prohibitions against the American company’s technology. The iPhone ranked first in shipments in the fourth quarter and 2023 overall, market tracker IDC said. It came after several analysts, including Jefferies, said iPhone sales tanked in the fourth quarter due to a lull in enthusiasm for the Cupertino, California company’s latest generation of hardware in the world’s biggest smartphone market. IDC also noted rising competition from domestic names like a resurgent Huawei Technologies Co., but timely discounts and promotions helped reduce the harm for Apple. 

Success in the fourth quarter was largely a matter of declining less than competitors, the IDC data showed. For the year, Apple’s 2.2% drop in 2023 was better than local rivals like Honor Device Co. and Vivo — both of which suffered double-digit slumps — and the overall 5% fall in shipments.

You may be interested in

We are on WhatsApp Channels. Click to join. 

Not sure which
mobile to buy?

The year marked the lowest volume of smartphones in China in a decade, due to a soft economic recovery and weak consumer sentiment, according to IDC. It was also highlighted by Huawei’s return to prominence with its Mate 60 series, catapulting it back into the top five makers in China in the holiday quarter, with a 36% jump in shipments.

“Apple’s climb to the top spot in 2023, especially in light of renewed competition from Huawei and the soft spending sentiment, marks a tremendous success,” said IDC research analyst Arthur Gao. “Apple achieved this thanks to timely price promotions in its third-party channels, which stimulated demand.”

Apple also took the crown of the world’s biggest smartphone seller in 2023, after iPhone sales slumped less than Samsung Electronics Co.’s Galaxy smartphones. Still, the iPhone 15 family of products is facing headwinds in sustaining demand in China, where analysts forecast sales will continue to weaken.

Chinese agencies and government-backed companies ordered staff to stop bringing iPhones and other foreign devices to work, Bloomberg News reported in December, expanding prohibitions against such technologies in sensitive sectors.

Also read top stories for today:

AI Under Big Tech Control! Major technology companies pouring money into artificial intelligence could come to dominate the emerging technology, Aleph Alpha GmbH CEO Jonas Andrulis said. Dive in to know how that will pan out here.

Top Tech Companies Bleeding Staff! A bunch of companies in the technology sector have been laying off some of their employees recently after quickly ramping up hiring during the COVID-19 pandemic while people spent more time and money online. Now, the firing has started. Know all about it here.

AI and its dangers! As in the rest of the world, both the wonders and absurdities of AI are increasingly visible in Latin America. The difference is that the region is among the world’s most unequal when it comes to not only income but also technology. The question for both corporations and regulators is how to use the rise of AI to narrow that divide. Check out what is happening here.

Catch all the Latest Tech News, Mobile News, Laptop News, Gaming news, Wearables News , How To News, also keep up with us on ,Twitter, Facebook, , and Instagram. For our latest videos, subscribe to our YouTube channel.

First Published Date: 26 Jan, 07:16 IST
Tags:
NEXT ARTICLE BEGINS