TECH - Huawei's Smartphone Resurgence Puts Pressure on Apple in Chinese Market | Benzinga

In a remarkable turnaround, Apple Inc's (NASDAQ: AAPL), once arch nemesis Huawei Technologies surged ahead in the smartphone market in China. 

The company's recent release of a smartphone equipped with a cutting-edge chip has been a game-changer, pushing it closer to the top five smartphone brands in the nation. Huawei looks to double its smartphone sales in 2024, aiming to ship 60 to 70 million units.

Also Read: Team Xi Jinping Willing To Provide Apple 'More Opportunities' As Battle With Homegrown Huawei Heats Up

According to Counterpoint Research, Huawei's smartphone sales in China skyrocketed by 37% year on year, capturing a market share of 12.9%, a significant jump from 9.1% the previous year, CNBC 

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