27 November,2021 03:20 PM IST | Beijing | IANS
Photo for representational purpose. Picture Courtesy/iStock
Tech giant Apple has surpassed smartphone brand Vivo to emerge as the largest smartphone vendor in China in October 2021, says a report.
According to market research firm Counterpoint, driven by the iPhone 13 series, Apple's sales grew 46 per cent MoM, the highest among all major OEMs in the country.
"Ever since Huawei's decline, the top position in China has been changing hands. OPPO became number one in January 2021 while Vivo attained the top position in March 2021," Tarun Pathak, Research Director, Counterpoint, said in a statement.
"The market dynamics changed again in October with Apple becoming the new one OEM for the first since December 2015," Pathak added.
ALSO READ
Trump hosts Apple CEO at Mar-a-Lago as big tech leaders continue outreach to president-elect
Prepare to remove TikTok from app stores: US lawmakers to Google, Apple
This American chain in Bandra promises to be a go-to spot for fitness lovers
Apple, Google face UK investigation into mobile browser dominance
Production of Kinnauri dry fruits on decline as farmers opt for apple cultivation
"Huawei has been resilient in the premium segment in China, but this seems to be changing now. Apple, with its strong brand equity, is gaining the maximum from the gap left by Huawei in the premium segment," Pathak said.
"Apple could have gained more if it were not for the shortages, especially for the Pro versions. But still, Apple is managing its supply chain better than other OEMs," he added.
This story has been sourced from a third party syndicated feed, agencies. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. Mid-day management/mid-day.com reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever
