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

Huawei Technologies claimed the highest spot in China’s smartphone market within the first quarter with its highest share in 5 years, whereas Apple noticed the strongest development among the many high six gamers, regardless of a worldwide reminiscence chip crunch.

Huawei held a 20 per cent share within the first three months, the very best for the reason that fourth quarter of 2020, in response to a Friday report by Counterpoint Research. Chinese authorities subsidies that provided a 15 per cent low cost for devices below 6,000 yuan (US$880), together with promotions through the Chinese New Year in February, supported the sturdy efficiency, the analysis agency stated.

The firm’s “heavy reliance on domestic suppliers provides a good cost buffer amid the global memory price surge”, the report stated.

Apple ranked second within the first quarter with a 19 per cent share, boosted by a 20 per cent surge in shipments, the most important development among the many high six manufacturers. This was pushed by “sustained strong performance of the iPhone 17 series, promotional price cuts and government subsidies”, in response to Counterpoint Research.

Apple could be the “best positioned to navigate the ongoing global memory crunch, supported by its premium product portfolio and strong supply chain management”, the report stated, including that the American tech big was “more likely to absorb rising costs internally and expand its market share” within the near-to-medium time period.