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Canalys: China's smartphone shipments rose 10% YoY in Q2, with Huawei's shipments up 41% YoY; Apple's market share in China dropped from 16% in Q2 2023 to 14%

Apple's smartphone shipments in China fell by 6.7% in the second quarter of 2024, as the tech giant faced intensifying competition …

Reuters

Context & Ripple Effects

China’s smartphone market had previously been a difficult one for Apple: a 2020 Canalys reading showed iPhone share rising even as the overall market contracted, while an earlier Huawei shipment increase amid Apple’s decline showed how quickly local competitive pressure can reshape rankings.

This quarter reverses the market-wide contraction dynamic, but the gains are uneven. Huawei’s advance and Apple’s share loss also foreshadow the later quarter in which Huawei overtook Apple on share in the related coverage.

First-order effects

  • Huawei captures a disproportionate share of China’s Q2 shipment recovery, with shipments up 41% year over year.
  • Apple’s China position weakens immediately: its shipments fell 6.7% and its share slipped from 16% to 14% despite overall market growth.

Second-order effects

  • Apple faces greater pressure to defend Chinese demand against Huawei in a growing market, rather than relying on a broader market rebound to preserve share.
  • The divergence makes China’s premium-phone competition more consequential for both companies’ regional shipment mix and channel priorities.

Third-order effects

  • If repeated across quarters, Huawei’s recovery would make China less dependable as a share-supporting market for Apple and reinforce a more locally competitive smartphone structure.
  • The pattern suggests that aggregate China shipment growth is becoming a weaker guide to vendor performance: brand-level positioning can diverge sharply even during a market recovery.

The trend: China’s smartphone rebound is increasingly being allocated unevenly, with Huawei’s resurgence challenging Apple’s ability to convert market growth into share.

Discussion

  • @htsfhickey Fred Hickey on x
    Based upon reports from Verizon & AT&T in recent days (see my prior tweets), it appears Apple's Q2 iPhone smartphone upgrades in the U.S. were poor.  Initial reports during Q2 showed Apple's shipments in China in April & May (largest smartphone mkt. in the world) rebounded (Y/Y g…
  • r/gadgets r on reddit
    Apple's China market share shrinks as Huawei surges, data shows