“Huawei” Achieves Rapid Growth in the Chinese Market Supported By US Sanctions

  • International
  • 9 January 2024
1

Apple's iPhone sales fell by more than 9 percent in China last month, and the company is likely to see a bigger drop in sales in 2024, according to forecasts by consulting firm Jefferies.

China's Huawei achieved the fastest growth on the back of the launch of the new Mate 60 devices, which are powered by a new processor made in China, and regained its share in the Chinese market after the US sanctions previously imposed on it.

Huawei is currently developing its own operating system to compete with the iOS operating system, from Apple and Android from Alphabet."

Source (Al-Arabiya.net Website, Edited)

Related News

Get an annual subscription in the quarterly Arab Economic bulletin

SUBSCRIBE NOW