Report: Apple gains ground in China as smartphone shipments hit 14-year low in Q3
The global smartphone market faced headwinds in Q3 as rising memory prices pressured demand. China, a key market, experienced a 10% year-over-year shipment decline. Apple, however, managed to grow its presence in China during this challenging period, suggesting strong competitive positioning.
Key points
- China smartphone shipments fell 10% year-over-year in Q3
- Rising memory prices are impacting the global market
- Apple gained ground in China despite market headwinds
Summary and key points written by AI from the headline and a short excerpt, so they can be incomplete or wrong. 9to5Mac did the reporting; read the original for the full story.
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