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The Markets
by Proactive
Proactive UK has moved.
Coverage of London’s small caps continues on proactiveinvestors.com
Go to Proactive UK
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK
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The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK

Hardware & electrical equipment

Apple’s iPhone sales drop nearly a fifth in China as Huawei reclaims top spot

Apple Inc's (NASDAQ:AAPL, ETR:APC) iPhone sales in China fell 18.2% in the December quarter, according to Counterpoint Research, as Huawei overtook it to become the country’s top smartphone brand.

Apple, which had led the market a year earlier, slipped to third place, holding about 16% of sales.

The decline in China contributed to a global 5% drop in iPhone sales during the key shopping season.

Huawei’s resurgence was fuelled by a 15.5% year-on-year increase in sales, driven by its Mate 70 series, featuring HarmonyOS Next and made-in-China chips.

China’s smartphone market overall contracted in the final quarter of 2024, following growth earlier in the year.

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