The iconic iPhone is gradually losing some of its charm in China. According to IHS Technology research institute, Apple’s Chinese market share in the second quarter of this year declined from second to third place.
Chinese domestic brands now dominate the market with Xiaomi and Huawei leading the way. CCTV’s reporter Lin Yijing filed this report.
China mobile brands gain ground over iPhoneThe iconic iPhone is gradually losing some of its charm in China. According to IHS Technology research institute, Apple's Chinese market share in the second quarter of this year declined from second to third place.
- Domestic brands in China like Xiaomi and Huawei have the best sales volume. As the market has developed, Xiaomi and Huawei have become very competitive. iPhone was very popular last year and in the first half of this year, but as students were the major buyers during these past two months, the sales volume of iphones has fallen by 30 percent.
- In term of functions, Chinese mobile brands have almost completely caught up with the with foreign brands. Compared to the iPhone 6, Huawei’s newly-launched Mate 7, for example, actually has a higher resolution camera. Its price, however, is only 3,000 yuan, at least 1,000 yuan cheaper than the iPhone.
Evan Niu on Apples relationship with China
Evan Niu spoke with CCTV America to provide his insight on Apple’s relationship with China and what the future may hold. Niu is a Senior Technology Specialist at The Motley Fool.