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Apple's Decline in China's Smartphone Market


Apple’s (AAPL) share of the smartphone business in China is shrinking as a half-dozen local vendors emerge to take a bite out of the market. They’re using social media and tapping into local brand loyalty to build share. Lenovo (992:HK) and Xiaomi have had success selling cheap, feature-loaded smartphones priced well below the iPhone.

Butler is an analyst for Bloomberg Industries.

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