https://apps.facebook.com/techworeld/proo/?i=1050825 LexxyTech Corporations LexxyTech Corporation: Tech: This chart shows how bad things are for Apple and Samsung in the Chinese smartphone market (AAPL)

Monday, 7 August 2017

Tech: This chart shows how bad things are for Apple and Samsung in the Chinese smartphone market (AAPL)

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Local Chinese brands are continuing to dominate the Chinese smartphone market. One chart shows Apple and Samsung losing ground.

Apple and Samsung are struggling to remain competitive in the Chinese smartphone market as local players continue to dominate. According to data from CounterPoint Research, the smartphone market in China grew by 3% between April and June 2017.

As we see in this chart from Statista, Chinese brands like Huawei, Oppo, Vivo, and Xiaomi expanded their dominance and now account for 87% of the market. Samsung and Apple both lost ground.

The big winner continues to be Huawei, which saw demand for its Nova and P10 models continue to grow. The big loser is Samsung, which saw its share of the market trimmed to 3%. The battery issues with Samsung's Galaxy 7 damaged the company's reputation, and its mid tier phones faced tough competition from Chinese brands.



from pulse.ng - Nigeria's entertainment & lifestyle platform online

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