BYD, China’s top-selling car brand, posted another jump in monthly sales in February as rivals only held ground or slipped back.
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A bruising contest among local smartphone players has pushed Apple’s iPhone into sixth place in China.
Chinese brands are taking aim at more lucrative segments in smartphones and gaining market share in the process.
Apple is back to the second spot, with 17.3% market share, as Chinese brands such as Huawei gain market share.
Apple’s iPhone sales in China fell 24% year on year in the first six weeks of 2024, while Huawei sales jumped 64%.
Samsung and Apple still dominate the very top end of the market, but Chinese brands are nipping at their heels.