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Huawei retains lead in China smartphone market, Apple shipments surge in first quarter

Source: scmp.com scmp.com
News Snapshot:

Huawei Technologies claimed the top spot in China’s smartphone market in the first quarter with its highest share in five years, while Apple saw the strongest growth among the top six players, despite a global memory chip crunch.Huawei held a 20 per cent share in the first three months, the highest since the fourth quarter of 2020, according to a Friday report by Counterpoint Research. Chinese government subsidies that offered a 15 per cent discount for gadgets under 6,000 yuan (US$880), along with promotions during the Chinese New Year in February, supported the strong performance, the research firm said.The company’s…

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