“The China smart phone market continues to mature, remaining stagnant quarter-on-quarter. Competition among major brands has never been so intense. Huawei recorded the highest smart phone shipments in its history without compromising its product margin or profitability. Apple and Samsung have both increased their sales activities in the China market, expanding rapidly in channel coverage through flagship stores and small to medium size phone retailers respectively. Xiaomi is under immense pressure to maintain its top position in the quarters to come,” said Jingwen Wang, Analyst at Canalys, in a statement.
“Apple is coming off a record-breaking first quarter of sales in greater China — which includes Hong Kong and Taiwan — where they reaped $16.8 billion on a 71% increase from the previous year, and the iPhone 6 and iPhone 6 Plus have yet to be replaced by their newer iterations,” Jonathan Chew reports for Fortune. “Those phones are expected to be launched next month.”
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