Huawei tightens China market hold with 42% share at expense of iPhones -Canalys
By
Biju Kumar
SHENZHEN: Huawei Technologies captured a record 42% of China’s smartphone market in the third quarter as local consumers rallied behind it after U.S. sanctions, leaving Apple to languish towards the bottom of the pile, market data showed.
Apple’s market share in China slipped to 5% from 7% in the year-ago quarter, according to a report that market research firm Canalys released on Wednesday, hours before the Cupertino, California-based company was to report quarterly results.