23％！ Apple has good news in China...

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On January 27, according to Reuters, a report by research institute Counterpoint Research on Wednesday showed that Apple achieved the highest market share on record in China in the fourth quarter, becoming the best-selling smartphone brand in China for the first time in six years.

This coincides with the release of the iPhone 13 and the decline in market share of major rival Huawei at a time when demand for mobile phones has stagnated.

Apple's smartphone market share reached a record high of 23%. According to Counterpoint, Apple's fourth-quarter phone sales grew 32 percent year-over-year, while China's total smartphone sales fell 9 percent.

Counterpoint analyst Mengmeng Zhang believes that the reasons include the low starting price in the Chinese market and the impact of U.S. sanctions on Huawei. Huawei is Apple's main competitor in the high-end market.

For the full year of 2021, Apple ranked third best-selling smartphone brand in China with a market share of 16%.

Vivo and Oppo ranked first and second with market shares of 22% and 21%, respectively.

According to Counterpoint, Apple's sales surged 47 percent in 2021, while Huawei's sales plummeted 68 percent and China's total smartphone sales fell 2 percent.

What do you think about that?

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