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DeepNewz, mobile.
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Apple's iPhone shipments are facing increased competition in China, with the company no longer ranking among the top five smartphone vendors in the market, according to CNBC. Domestic brands have surged ahead, pushing Apple out of its previous position. Despite this, Apple's iPhone exports in Q1 FY25 reached a new milestone, accounting for 79% of its total freight on board (FOB) value production, totaling $3.8 billion.
Apple’s iPhone loses ground in China’s smartphone market as local rivals surge ahead https://t.co/s5eK0wo8DL
Apple iPhone exports in #Q1FY25 hit a new milestone, accounting for 79% of its total freight on board (FOB) value production in the country, totalling $3.8 billion @surajeetatbs #apple #iphone https://t.co/maHFxGbVVA
Apple's no longer among top 5 smartphone vendors in China as domestic brands dominate market - CNBC https://t.co/4KXTVh2NSp
