Huawei Surges in China's Smartphone Market, Apple Struggles

Huawei's Mate 60 series drives 83% sales growth, while Apple's iPhone sales grow only 11% in October

Huawei's sales surged by 83% in October, largely due to the success of its Mate 60 series, which features a self-developed advanced chip.
Apple's iPhone sales in China continue to struggle, with growth of only 11% in October, far lower than expected after a new launch.
Despite US sanctions aimed at halting shipments of some chips to China, Huawei managed to launch its Mate 60 smartphone series, surprising the tech sector and causing speculation of sanctions-busting or industrial espionage.
Apple's iPhone 15 Pro Max offers a glimmer of hope, with reports of high demand for specific colors of the top-end model suggesting that sales will increase once that demand can be met.
China's smartphone market, which has seen sales fall over several quarters, may be poised for a rebound, with research firm IDC predicting unspecified year-on-year sales growth in the fourth quarter.