Apple's iPhone sales in China reportedly took a tumble at the end of 2024, with a considerable reduction in sales putting it in a dead heat with homegrown Xiaomi.
Worldwide smartphone sales grew in 2024 following two consecutive years of decline according to reports from Counterpoint, Canalys, and IDC. The bulk of the growth came from Chinese manufacturers including Xiaomi and Vivo, though Apple and Samsung are still holding strong as the undisputed market leaders.
The Xiaomi Pad 7 is the iPad killer you've been waiting for. It's the best value for money Xiaomi device in recent memory.
Xiaomi is rumored to be working on a new phone with a 7,500mAh battery, which would be the largest battery ever fitted to a conventional smartphone, and I hope Apple, Samsung, and Google are paying attention.
Apple faced two downgrades ahead of earnings, with analysts citing weak iPhone demand. China continues to be a headwind for sales.
Apple (AAPL) came in third behind vivo and the resurgent Chinese rival Huawei in smartphone shipment market share in China for 2024, according to IDC.
The U.S. tech giant's fourth-quarter iPhone sales fell 18% in the world's largest smartphone market.
Reports on global smartphone sales for 2024 differ on which brand came out on top, but the real winner was Xiaomi.
Slim phones from China are coming to compete with the Galaxy S25 Edge and iPhone 17 Air. They will offer notably higher battery capacity.
Apple took the number one spot but saw a 25% year-over-year decline after having shipped 13.1M units in the fourth quarter of 2024. The company had 17% of the Chinese smartphone market at the end of the fourth quarter, compared to 24% in the year-ago period.
Apple was dethroned as China's biggest smartphone seller in 2024, with local rivals Vivo and Huawei overtaking the iPhone maker after its annual shipments in the country declined 17%, data from research firm Canalys showed on Thursday.
From visionary founder Liang Wenfeng to a young team of dedicated scientists, DeepSeek is taking the road less traveled in AI DeepSeek sent shock waves through the global tech market ahead of the Lunar New Year - sinking the value of semiconductor giant Nvidia and other large companies driving the artificial intelligence (AI) boom - as the Chinese start-up achieved a feat once-considered impossible by Silicon Valley.