Apple reclaims No. 1 spot in China, hits record iPhone market share in the fourth quarter
$Apple(AAPL.US$ hit a record 23% market share in China in the fourth quarter of 2021, with the iPhone maker reclaiming the number one player for the first time in six years, Counterpoint Research said.
That was driven by the “relatively lower starting price” of its iPhone 13 which had strong camera and 5G features.
Meanwhile, China’s smartphone market declined in 2021 due to component shortages and sluggish consumer spending, Counterpoint Research said.
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