Apple is losing Chinese consumers to Huawei

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Apple is losing Chinese consumers to Huawei
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There is growing evidence that Apple’s latest iPhone is falling shy of its predecessor in China.

evidence that Apple’s latest iPhone is falling shy of its predecessor in China, suggesting a setback for the world’s most valuable company in its most important overseas market.

Huawei’s Mate60 series recorded sales of close to 1.5 million in its launch month, more than doubling from a year ago, GfK said, despite facing supply constraints.“Against the backdrop of the strong growth of Huawei, Apple iPhone 15 series registered a 6% decline in sales,” said Hayden Hou, China senior analyst at GfK. “Huawei Mate60 series will continue to maintain its strong sales momentum going forward.

But rising tensions between the US and China have put Apple in a precarious spot. Beijing, for example, is expanding a ban on the use of iPhones in certain departments of government-backed agencies and state-owned enterprises.

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