What's happened
Apple's iPhone sales in China fell by 19% in the first quarter of 2024, causing the tech giant to lose its top spot in the Chinese smartphone market. Samsung has regained its position as the top mobile phone-maker globally.
Why it matters
The decline in Apple's iPhone sales in China and Samsung's resurgence globally indicate a shifting landscape in the smartphone market. This change could impact Apple's market share and competitive position in the industry.
What the papers say
NY Post reports on Apple's 19% drop in iPhone sales in China, attributing it to increased competition from Android smartphone makers. The Guardian highlights Samsung's return to the top spot in global smartphone sales, surpassing Apple.
How we got here
Apple's decline in China is linked to increased competition from Chinese manufacturers like Huawei and Honor. Samsung's resurgence can be attributed to strong sales and the launch of new flagship models.
Common question
More on these topics
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Apple Inc. is an American multinational technology company headquartered in Cupertino, California, that designs, develops, and sells consumer electronics, computer software, and online services.
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China, officially the People's Republic of China, is a country in East Asia. It is the world's most populous country, with a population of around 1.4 billion in 2019.
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Samsung Electronics Co., Ltd. is a South Korean multinational electronics company headquartered in the Yeongtong District of Suwon. It is the pinnacle of the Samsung chaebol, accounting for 70% of the group's revenue in 2012. Samsung Electronics has playe
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Huawei Technologies Co., Ltd. is a Chinese multinational technology company headquartered in Shenzhen, Guangdong. It designs, develops, and sells telecommunications equipment and consumer electronics.
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