Apple’s China Shipments Surged in June After Lockdowns Lifted
- Foreign brands accounted for entirety of rebound in demand
- Domestic phone makers have underwhelmed expectations this year
Apple iPhones
Photographer: Feline Lim/Getty Imagesc
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Apple Inc.’s iPhone shipments likely surged in June in China, leading a rebound in the smartphone market after Covid lockdowns lifted.
China’s mobile phone shipments jumped 9.2% last month, led by overseas vendors such as Apple and Samsung Electronics Co. while domestic brands like Xiaomi Corp., Oppo and Vivo were down 0.5%, official data showed. Samsung no longer commands a significant share of the country’s smartphone market whereas Apple is the fourth-largest player, suggesting the bulk of the rebound in demand was for iPhones. The US company will provide details on its Chinese business when it reports earnings later this month.