Apple (AAPL.US) lost its position as the largest smartphone seller in China last year, overtaken by Chinese competitors Huawei and Vivo in market share, according to data released today (16th) by market research firm Canalys.

Last year, Apple recorded its largest YoY decline in sales in the Chinese market, with all four quarters showing a decrease, including a nosedive of 25% in 4Q.

This was Apple's worst annual performance in the Chinese market, said Canalys analyst Toby Zhu. Apple's high-end status faced multiple challenges, including Huawei's continuous launch of flagship phones, upgrades in domestic foldable phones in high-price segments, and Android brands like XIAOMI-W (01810.HK) and Vivo building customer loyalty through technological innovation.
~



AAStocks Financial News
Web Site: www.aastocks.com

SG Top Picks
Stock & Type	Code	Strike(Call Level)	Last	Effective Gearing
BYDEI (C)	22589	45.5 (-)	0.083	4.7 X
XIAOMI (C)	29933	47.2 (-)	0.157	5.9 X
XIAOMI (C)	13035	40.23 (-)	0.260	5.6 X
XIAOMI (C)	28952	37.04 (-)	0.270	6.4 X
XIAOMI (P)	29937	27.32 (-)	0.096	5.4 X
XIAOMI (P)	29534	24.95 (-)	0.061	5.7 X
XIAOMI (Bull)	65398	31.6 (32)	0.041	8.6 X
XIAOMI (Bull)	66510	30.6 (31)	0.053	6.7 X
XIAOMI (Bear)	65898	40.9 (40.5)	0.045	7.9 X
XIAOMI (Bear)	66231	37.2 (36.8)	0.017	20.9 X
SUNY (C)	23221	70.93 (-)	0.210	3.8 X
SUNY (P)	25858	41.95 (-)	0.020	4.8 X
APPLE (C)	10507	297 (-)	0.030	11.5 X
APPLE (C)	10321	262 (-)	0.022	17.0 X
APPLE (P)	10495	218 (-)	0.239	5.6 X
APPLE (P)	10410	193 (-)	0.057	10.3 X