AGL 37.99 Decreased By ▼ -0.03 (-0.08%)
AIRLINK 211.00 Increased By ▲ 13.64 (6.91%)
BOP 9.60 Increased By ▲ 0.06 (0.63%)
CNERGY 6.37 Increased By ▲ 0.46 (7.78%)
DCL 9.23 Increased By ▲ 0.41 (4.65%)
DFML 37.60 Increased By ▲ 1.86 (5.2%)
DGKC 98.62 Increased By ▲ 1.76 (1.82%)
FCCL 35.94 Increased By ▲ 0.69 (1.96%)
FFBL 88.94 Increased By ▲ 6.64 (8.07%)
FFL 14.12 Increased By ▲ 0.95 (7.21%)
HUBC 129.52 Increased By ▲ 1.97 (1.54%)
HUMNL 13.74 Increased By ▲ 0.24 (1.78%)
KEL 5.49 Increased By ▲ 0.17 (3.2%)
KOSM 7.33 Increased By ▲ 0.33 (4.71%)
MLCF 45.30 Increased By ▲ 0.60 (1.34%)
NBP 60.70 Decreased By ▼ -0.72 (-1.17%)
OGDC 220.65 Increased By ▲ 5.98 (2.79%)
PAEL 40.65 Increased By ▲ 1.86 (4.8%)
PIBTL 8.49 Increased By ▲ 0.24 (2.91%)
PPL 198.43 Increased By ▲ 5.35 (2.77%)
PRL 39.97 Increased By ▲ 1.31 (3.39%)
PTC 27.60 Increased By ▲ 1.80 (6.98%)
SEARL 108.40 Increased By ▲ 4.80 (4.63%)
TELE 8.60 Increased By ▲ 0.30 (3.61%)
TOMCL 36.35 Increased By ▲ 1.35 (3.86%)
TPLP 13.60 Increased By ▲ 0.30 (2.26%)
TREET 24.38 Increased By ▲ 2.22 (10.02%)
TRG 61.15 Increased By ▲ 5.56 (10%)
UNITY 34.15 Increased By ▲ 1.18 (3.58%)
WTL 1.69 Increased By ▲ 0.09 (5.63%)
BR100 12,049 Increased By 322.2 (2.75%)
BR30 37,410 Increased By 1033.6 (2.84%)
KSE100 112,651 Increased By 3137.6 (2.87%)
KSE30 35,540 Increased By 1026.3 (2.97%)

BEIJING: Apple last year took the largest share of smartphone shipments in the Chinese market for the first time, new data showed Friday, despite stiffening competition from local players that included a resurgent Huawei.

The US tech giant’s market share in the world’s second-largest economy came in at 19 percent, industry data provider Canalys said.

Apple’s strong performance in China last year came after 2022 sales were hit by curtailed production at factories as a result of the country’s zero-Covid policy.

Its showing also follows a hardening stance towards the firm by Beijing as competition heightens between the United States and China in the technology sector. Media reports last year said that employees at certain Chinese government agencies were instructed not to use iPhones for work, due to concerns about data security.

The foreign ministry insisted in September that there was no such ban, but said that reports had exposed “security incidents relating to Apple mobile phones”.

During a visit to Beijing in March, Apple CEO Tim Cook said his company enjoyed a “symbiotic” relationship with China.

Coming in behind Apple last year — with annual smartphone shipment market shares in China of 16 percent each — were three local manufacturers: Vivo, Oppo and Honor. Last year also saw the resurgence of Huawei, a Shenzhen-based tech giant that was once the target of tough sanctions imposed by Washington, which warned its equipment could be used by Beijing for espionage.

“Huawei has become the biggest dark horse (in the 4th quarter), returning to the top five league table of Mainland China’s smartphone market after 10 quarters,” said Lucas Zhong, a research analyst at Canalys.

Comments

Comments are closed.