Apple's Smartphone Shipments in China Fell in Fourth Quarter.

Apple's smartphone shipments in China declined in the fourth quarter of 2023 due to weaker consumer demand and increased market share for rival Huawei Technologies, according to research firm IDC. Despite the decrease, Apple remained the top smartphone seller in China, although its market share dropped slightly. For the full year, Apple surpassed local rival Vivo to become China's top smartphone vendor for the first time. Overall, smartphone shipments in China fell to their lowest volume in a decade, but the market is showing signs of recovery, particularly among high-end consumers in first- to third-tier cities. [Extracted from the article]