Apple vs Huawei
The first six weeks of the year has seen a stunning development in China’s smartphone market. Huawei’s sales are estimated to be up +64% Y/Y, while Apple’s are estimated to be down -24% Y/Y.
A sense of national pride amongst Chinese citizens is one of many reasons for this major shift in market share. Other high profile American companies operating in China against domestic competitors, like Tesla (vs. BYD) may also be in a similar situation as Apple.
A sense of national pride amongst Chinese citizens is one of many reasons for this major shift in market share. Other high profile American companies operating in China against domestic competitors, like Tesla (vs. BYD) may also be in a similar situation as Apple.
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William ao : Something to be proud of
102514703 : No buying, no patriotism, anything to be proud of has scared the Apple factory away