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Apple's iPhone series claimed the title of the best-selling smartphone in China in 2023, despite competition and government restrictions. Timely discounts helped Apple outperform its competitors, while the overall smartphone market in China declined by 5%.
(Bloomberg) -- Apple Inc.’s iPhone was the top-selling smartphone series in China for the first time last year, a surprisingly strong showing in the face of fierce local competition and expanding government prohibitions against the American company’s technology.Most Read from BloombergUpbeat Musk Can’t Soothe Tesla Investor Fears About GrowthRussia Says Ukraine Downed Plane Carrying Prisoners for SwapBoeing Halted From Further Max Production Increases by FAAHow Yemen’s Houthi Attacks Are Hurting
The iPhone ranked first in shipments in the fourth quarter and 2023 overall, market tracker IDC said. It came after several analysts, including Jefferies, said iPhone sales tanked in the fourth quarter due to a lull in enthusiasm for the Cupertino, California company’s latest generation of hardware in the world’s biggest smartphone market.
Apple's iPhone was confirmed as the best-selling smartphone in China last year 2023, for the first time despite tough competition locally