Apple Drops to Fifth in China’s Mobile Market as Locals Rise
Huawei extends market leadership with 17.3% of shipments
Oppo nearly doubles share to be fastest growing major brand
Apple Inc. dropped to fifth place in Chinese smartphone shipments, losing ground in its biggest overseas market in a fresh blow for the technology giant.
IPhones made up 10.8 percent of devices sold in May, down from 12 percent a year earlier, according to Counterpoint Research. By comparison, Chinese vendor Huawei Technologies Co. increased its lead with 17.3 percent.