Huawei Growth Stalls After Apple Comeback Offsets China AI Push
Customers look at Apple Inc. iPhone 17 series smartphones at one the company's stores in Shanghai.
Photographer: Qilai Shen/BloombergHuawei Technologies Co.’s growth decelerated sharply after Apple Inc.’s iPhone 17 made headway in China and domestic challengers in AI chipmaking emerged.
The Chinese smartphone and chip maker reported a 2.2% rise in 2025 revenue to 880.9 billion yuan ($126 billion), down sharply from about 22% the year before. Huawei experienced a 2% decline in Chinese smartphone shipments after the iPhone debuted late last year, though it held on to claim top spot in the market for 2025, according to researcher IDC. Apple, in contrast, grew its volumes by 4% while the Chinese market slipped 0.6%.