Apple Falls to Third in China Smartphone Market as Local Brands Surge
Apple's iPhone shipments in China dropped 17% in 2024, with Vivo and Huawei overtaking the tech giant in market share.
- Apple's iPhone sales in China fell to 42.9 million units in 2024, down from 51.8 million in 2023, marking a 17% annual decline and its worst performance in the region to date.
- Chinese brands Vivo and Huawei captured 17% and 16% of the market, respectively, surpassing Apple's 15% market share for the year.
- Apple's inability to launch its generative AI tools, such as Apple Intelligence, in China due to regulatory restrictions has been cited as a key factor in its declining competitiveness.
- Huawei's resurgence, driven by locally produced chipsets and AI-powered features, resulted in a 37% year-on-year increase in shipments in 2024.
- In response to declining sales, Apple implemented rare price cuts for its iPhone 16 models in early January, but these efforts have yet to reverse its market share losses.