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These are not happy days for Apple in China. The iconic American brand, outpaced by Samsung in its appeal among Chinese consumers since last year, is now also losing out to other smartphone competitors.
According to IDC, Apple’s share of the Chinese smartphone market by shipments fell by nearly half to 10 per cent in the second quarter from three months earlier. The company came fourth in a ranking topped by Samsung and Lenovo, the Chinese company that is also the world’s second-largest PC vendor.
China has overtaken the US as the world’s biggest smartphone market by volume in the third quarter, Reuters reports. According to research company Strategy Analytics, smartphone shipments grew 58% to reach 23.9m units in China during the quarter, while US shipments fell 7% from the second quarter to reach 23.3m devices. Read more
The two-day London Cyber Conference wrapped up Thursday with a remarkable lack of unity for such a carefully staged, invite-only event for world political and technology leaders. Read more