Apple drops out of China's top five smartphone sellers

Apple fell out of the top five smartphone sellers in China for the first time in four years during Q2 2024, with its market share declining to 13.6%. Meanwhile, Huawei and Xiaomi gained ground, contributing to an 8.9% year-on-year increase in China's smartphone shipments to 71.6 million units. Apple’s decline is attributed to intensified competition and government scrutiny.