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International Business Times
International Business Times
Business

Apple Loses Top Spot In China Smartphone Sales To Local Rivals

Apple's performance in China is suffering from a slump in shipments, which dropped to 42.9 million in 2024 (Credit: AFP)

Apple lost its status as the best selling smartphone brand in the crucial Chinese market last year, new data showed Thursday, with a pair of local rivals surpassing it with surging shipments.

The California-based tech giant claimed a market share of 15 percent in the world's number two economy, behind Huawei's 16 percent and top-ranking Vivo's 17 percent, according to industry data provider Canalys.

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