“Apple Inc. dropped to fifth place in Chinese smartphone shipments, losing ground in its biggest overseas market in a fresh blow for the technology giant,” David Ramli reports for Bloomberg.
“iPhones made up 10.8 percent of devices sold in May, down from 12 percent a year earlier, according to Counterpoint Research,” Ramli reports. “By comparison, Chinese vendor Huawei Technologies Co. increased its lead with 17.3 percent.”
Apple “has suffered commercial, legal and regulatory setbacks in recent months leading to lawsuits and key products getting shut down,” Ramli reports. “Local brands Huawei, Vivo, Oppo and Xiaomi are now the top four smartphone makers in China with a combined market share of 53 percent, according to Counterpoint Research director Neil Shah. Oppo almost doubled its market share to 11 percent.”
Read more in the full article here.
MacDailyNews Take: The iPhone 7 series looms.