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FILE PHOTO: People look at the new iPhone 15 Pro as Apple's new iPhone 15 officially goes on sale across China at an Apple store in Shanghai, China September 22, 2023. REUTERS/Aly Song/File Photo
Apple's smartphone sales declined by 19.1% in the first quarter of 2024, while rival Huawei's grew by 69.1%, signaling an increasing threat to the U.S. firm's dominance in the high-end segment of the world's largest smartphone market.
Apple's China smartphone market share fell to 15.7% in the fist three months of the year from 19.7% in the first quarter of 2023, according to Counterpoint Research.
Huawei's share rose to 15.5% from 9.3%. (Reporting by Liam Mo and Brenda Goh; Editing by Kirsten Donovan)