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A whole lot of progress for some manufacturers… and somewhat little bit of stagnation for others
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The Chinese language market chief has a reasonably wholesome benefit over 4 very shut rivals.
What’s additionally undoubtedly value highlighting in regards to the IDC’s newest report is the very small hole between Apple, Huawei, Xiaomi, and Honor’s regional gross sales numbers. Apple is barely 0.3 % forward of Huawei in market share proper now, whereas Xiaomi in some way managed to beat Honor 14.8 % to 14.6 % in Q3 2024 regardless of the latter model holding an enormous benefit of almost 6 % share a yr earlier than.
What’s on the horizon for Apple and its rivals?
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China’s smartphone market has been rising for a number of quarters now and will proceed to take action for a number of extra.
Xiaomi and Honor’s threats are to not be ignored both, with the previous firm seeking to “push boundaries” within the high-end section whereas sustaining its main budget-friendly focus and the latter model ruling the huge (albeit not-very-profitable) $100 to $200 value bracket.
Vivo and Honor, in fact, maintain a key native benefit over Apple and a world benefit over Samsung of their remarkably reasonably priced foldable high-enders, that are rising increasingly fashionable in China (in addition to throughout many main European markets).