Why is Apple losing market share in China?

What is the market share of Apple in China

Apple's market share in China has now reached 22% in Q4 2022, according to Counterpoint Research. Apple was the only brand to witness a positive YoY growth in the market in 2020, and it has continued to gain market share in China despite the declining smartphone market.

What is the market share of Iphone in China 2023

Editors Picks: Apple by Market Share: Apple claimed a 22.21% brand share in the most recent quarter of 2023, an increase of 1.69% from the first quarter of 2022. Even if it's not a local China smartphone vendor, Apple remained in the top two for the highest market share for smartphones in the country in 2023.

Who is the largest Chinese phone manufacturer

Huawei has deployed its products and services in more than 170 countries and areas. It overtook Ericsson in 2012 as the largest telecommunications equipment manufacturer in the world, and overtook Apple in 2018 as the second-largest manufacturer of smartphones in the world, behind Samsung Electronics.

What is the most used phone in China

Now, over a year after HONOR gained independence, the company has reportedly ascended to the top of the smartphone market in China. A Q1 2022 market share report from Canalys showed that HONOR was the number one brand in the country, shipping 15 million units and accounting for 20% of the market.

Does Apple do well in China

According to data from S&P Global, Apple is now the most profitable tech entity operating in China.

Is China Apple’s biggest market

U.S.: Apple's biggest market.

Is Apple going to move out of China

Apple is looking to move its production outside of China in order to diversify its supply chain. We may earn a commission from links on this page. Apple supplier Foxconn announced the creation of a major new factory in Vietnam and a $300 million investment to expand its current operations in the country.

Who is the largest phone manufacturer in the world

Samsung world's largest smartphone brand in 2022: ReportSamsung was named the world's largest smartphone brand in 2022.Apple and Samsung took the first and second spots in the fourth quarter of 2022.Xiaomi, Vivo and OPPO took third, fourth, and fifth place, respectively.

Who is the highest selling phone manufacturer

Apple

The latest statistics on the smartphone market share worldwide show that as of April 2023, US phone maker Apple leads the pack, with a market share of 30.44%. This means that more than three in 10 smartphone users worldwide use an Apple phone. Second on the list of the most popular smartphone manufacturers is Samsung.

Is Apple or Android more popular in China

Android is also the most popular operating system among Chinese smartphone users, with almost 77 percent of the share as of March 2021.

Is iPhone or Samsung more popular in China

New sales date from the second quarter of 2022 shows that Apple's iPhone remains the best-selling smartphone in China, and local rival Vivo has overtaken Samsung for second place. The iPhone is consistently the most popular smartphone in China, with half of all smartphones sold during the 6.18 Festival being Apple's.

Who is Apple’s main competitor in China

Furthermore, Apple's main competitor Huawei saw its market share drop to just 7% in the fourth quarter of 2021, with sales falling 73% year-on-year.

What is going on with Apple and China

Apple, revived years ago by doing business in China, may have to cut that dependence When Apple was on the brink of bankruptcy, a vast supply chain in China helped reverse its fortunes. But following pandemic disruptions and tensions between the U.S. and China, that might change.

Is Apple still popular in China

Yet the company has managed to reverse its fortune post-pandemic. According to data from S&P Global, Apple is now the most profitable tech entity operating in China. In the financial year to September, Apple's operating profits in Greater China shot up 104 percent over 24 months, to $31.2 billion (224 billion RMB).

How successful is Apple in China

According to data from S&P Global, Apple is now the most profitable tech entity operating in China. In the financial year to September, Apple's operating profits in Greater China shot up 104 percent over 24 months, to $31.2 billion (224 billion RMB).

Is Apple moving to Vietnam

Production of MacBooks in Vietnam is slated to begin as early as May 2023. Apple has already started its iPhone production in India and plans to triple its output in the next two years. Once the assembly lines start operations in Vietnam, Apple will have a second manufacturing base for its flagship products.

What are the top 3 best selling phone brands in the world

Together, Samsung and Apple's global smartphone shipments market share total 42.2%, which means that more than two out of five smartphones sent out in Q4 2022 were produced by these two companies. Third on this list of top smartphone companies (by shipment) is Xiaomi, which shipped 33.2 million devices in Q4 2022.

Which country is the 2nd largest smartphone manufacturing

India became the preferred destination for Global manufacturing giants. Samsung opened the world's largest phone manufacturing unit in India, and leading global Giants like Apple have shifted major units to India. Companies like Oppo, Vivo, Xiaomi, and Lava have also established bases in India.

What are the top 3 best-selling phone brands in the world

Together, Samsung and Apple's global smartphone shipments market share total 42.2%, which means that more than two out of five smartphones sent out in Q4 2022 were produced by these two companies. Third on this list of top smartphone companies (by shipment) is Xiaomi, which shipped 33.2 million devices in Q4 2022.

Who are the top 3 phone manufacturer

List of Top Mobile Phone Brands in India

Name of the Model Market Share for Quarter 4 2022
Apple 23%
Samsung 19%
Xiaomi 11%
Oppo 10%

Who are Apple main competitors in China

Chinese smartphone brands have also become more innovative and quicker off the mark to produce new products which rival Apple's. Huawei, OPPO, Vivo and Xiaomi all unveiled their 5G smartphones before Apple's 5G-enabled iPhone 12.

Is iPhone still popular in China

Apple contributed over 10% of China's smartphone sales volume in 2022. The iPhone 13 was the best-selling smartphone in China with a 6.6% market share, rising from the third spot in 2021 with a 2.3% share. Also, the iPhone 13's sales more than doubled in 2022 compared to the previous year.

Is China a big market for Apple

Apple Inc. won its biggest quarterly market share in China, outrunning Covid disruptions and a global economic slowdown. The Cupertino, California company accounted for nearly 24% of China's smartphone sales in the last three months of 2022, according to Counterpoint Research data.

What problems is Apple facing in China

In early November, after Foxconn imposed Covid restrictions at the factory, Apple said the plant was operating at a “significantly reduced capacity.” The world's biggest iPhone factory, located in China and run by Foxconn, faced disruptions in 2022. That is likely to filter through to Apple's December quarter results.

Does Apple sell well in China

In October 2022, right before the unrest in the iPhone city in China, Apple reached its highest ever monthly market share, dominating 25% of the local market. While the sales for other key OEMs declined in October, Apple grew 21% MoM, emerging as a clear winner of Huawei's share in the premium market.