FAST FIVE: Apple Sees Promising Boost In Chinese IPhone Demand As Huawei Is Hamstrung By US Sanctions According to the SCMP, without premium 5G Huawei handsets to compete against, the newly unveiled iPhone 13 just might be the new leading premium smartphone in the Chinese market. Per SCMP, preorders for the iPhone through JD.com have topped 2MM already, more than the 1.5MM iPhone preorders on the same platform for the iPhone 12 a year earlier. “There isn't a product that is as strong as the old Huawei Mate series.” Demand for the iPhone 13 line has also been high on Alibaba Group Holding's Tmall platform, which will start pre-orders on Friday in line with Apple's official presales kick-off. The fact that Apple remains as popular as it is – although Chinese brands Oppo and Xiaomi still sell more units than Apple in Greater China, Apple is the No. The only thing that could seemingly derail this sales slam dunk: another CCP-approved “boycott” of the company's products, which nearly tanked sales back in 2019.
CNY - Chinese Yuan Renminbi