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Foreign smartphone shipments in China slump 47% in November
Economic Times
ยท
7m ago
Medial
In November, foreign-branded smartphone shipments in China, including Apple's iPhone, plummeted by 47.4% compared to the previous year, as reported by the China Academy of Information and Communications Technology. The shipments decreased to 3.04 million units from 5.769 million units previously. Overall, phone shipments within China experienced a 5.1% decline year-on-year, totaling 29.61 million handsets. This reflects a significant drop in foreign smartphone demand amid broader market challenges.
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Apple's iPhone shipments in China surge 40% in May amid aggressive discounting
Economic Times
ยท
1y ago
Medial
Apple experienced a 40% increase in smartphone shipments in China in May, continuing the rebound seen in April, according to data from the China Academy of Information and Communications Technology (CAICT). Although not explicitly mentioned, Apple is the dominant foreign phone maker in China's market, suggesting the increase can be attributed to the company's performance. This follows a weak start to the year for Apple in China's smartphone market, but the company has seen growth in the past two months. Overall phone sales in China increased by 16.5% in May.
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China's March shipments of foreign-branded cellphones drop almost 50%
Economic Times
ยท
2m ago
Medial
In March, shipments of foreign-branded cellphones in China, including Apple's iPhones, plummeted by 49.6% compared to the previous year. According to data from the China Academy of Information and Communications Technology (CAICT), these shipments decreased from 3.747 million units to 1.887 million units within a year. This significant decline highlights challenges faced by foreign mobile manufacturers in the Chinese market during that period.
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India tops US smartphone supply in June quarter as Apple shifts from China
Economic Times
ยท
11d ago
Medial
India became the top supplier of smartphones to the US in the June quarter, driven by Apple's shift from China due to trade uncertainties. According to Canalys, the share of US smartphone shipments assembled in China decreased, while India's shipments to the US surged by 240%, now accounting for 44% of imports. Apple's supply chain shift is part of a China Plus One strategy, leveraging Indian manufacturing for the US market.
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Apple secures โGlobal Smartphone Sellerโ title despite headwinds in China
Livemint
ยท
1y ago
Medial
Apple's iPhone series became the best-selling smartphone in China in 2023, as per data from market tracker IDC. Despite facing tough competition from local rivals and increased government restrictions on foreign technology, the iPhone secured the top position in shipments for both the fourth quarter and the entire year. Apple's success can be attributed to its ability to decline less than its competitors during the period, thanks to timely discounts and promotions. However, sustaining demand in China may be a challenge for Apple due to further weakening iPhone sales and government restrictions.
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Smartphone shipments fall 2% on year in April-June: Counterpoint
Economic Times
ยท
1y ago
Medial
India's smartphone shipments declined by 2% YoY in Q2 2024, although 5G smartphones made up a record 77% of overall shipments due to lower prices. Factors such as a heatwave, seasonal slump, and slower demand in Q1 contributed to the decline. However, online sales, promotional efforts, and a strong product range helped Xiaomi reclaim the top spot, while Samsung led in value terms. Vivo, Apple, Realme, and Oppo secured the subsequent rankings. Apple is expected to rebound in the next quarter due to recent price reductions.
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Chinese sales of foreign phone makers, including Apple, drop 9.7% in May - The Economic Times
Economic Times
ยท
1m ago
Medial
In May, sales of foreign-branded mobile phones in China, including those of Apple Inc., decreased by 9.7% year-on-year, according to the China Academy of Information and Communications Technology. Shipments fell to 4.54 million units, affected by increased competition from domestic brands. Apple's performance significantly influences the market, with discounts offered on newer iPhone models. Overall, phone shipments in China dropped by 21.8% year-on-year to 23.72 million units for the month.
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Chinese consumers cheer Apple's iPhone 15, others prefer Huawei
Economic Times
ยท
1y ago
Medial
Apple's iPhone 15 received mixed reactions in China, its third-largest market. Many users liked the faster chip and improved gaming capabilities, but some preferred Huawei's new smartphone. Huawei's recent launch and state media support amid US sanctions have influenced consumer sentiment. The smartphone market in China is in a slump, and the country's slowing economy may affect iPhone 15 sales. IDC predicts increased competition from Huawei will gradually reduce Apple's market share in China's premium phone market.
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Apple's China market share shrinks as Huawei surges, data shows
Economic Times
ยท
1y ago
Medial
Apple's market share in China dropped by two percentage points in Q2 2024 due to increased competition from Huawei. Huawei's smartphone shipments rose 41% YoY during the period, aided by the launch of its Pura 70 series. Although specific shipment figures for Apple were not disclosed, Canalys data revealed that the company's market share in China fell to 14% in Q2 2024, down from 16% in the same quarter the previous year, resulting in a decline in Apple's ranking in the Chinese smartphone market from third to sixth place. Chinese smartphone shipments overall increased by 10% in Q2, with Vivo leading the market with a 19% share, followed by Oppo, Honor, and Huawei. Apple is now focusing on optimizing its channel management in the Chinese market, as it faces growth pressure.
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Apple surpasses Samsung to become largest smartphone exporter from India: Report
Livemint
ยท
1y ago
Medial
Apple has surpassed Samsung as the largest smartphone exporter from India by volume for the first time, with Apple shipping 49% of the country's total smartphone shipments in Q2 2023, compared to Samsung's 45%. The rise in Apple's performance began after it started manufacturing in India in 2017 and ramped up production by its contract manufacturers. The Indian government's production-linked incentive scheme for smartphone manufacturing also played a crucial role in boosting Apple's operations in the country. Apple's diversification of production aims to reduce its dependency on China.
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Xiaomi aims to double export of devices from India to 700 mn by 2034 | Mint
Livemint
ยท
1y ago
Medial
Chinese smartphone maker Xiaomi plans to double its device shipments from India by the next decade, aiming to ship an incremental 700 million devices in the country. The company, which completed a decade in India, is increasing smartphone production in the country and aims to source 55% of non-semiconductor parts locally within the next two years. Xiaomi ended 2023 as the fourth top-selling brand in the India smartphone rankings, with its shipments down 29% last year. The company's India head also emphasized the importance of artificial intelligence and localizing the smartphone supply chain.
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