Every Tuesday and Thursday, Inkstone Index features one important number about China to give you insight into the rising power. 32%: The increase in iPhone sales in China between April and June in 2020 compared to the same period last year. Huawei was the only other brand that saw smartphone sales rise, enjoying a 14% increase over those three months. The success of Huawei did not funnel to other China brands, which saw a significant drop in sales. Oppo’s smartphone sale lost 31% while Vivo was down 29%. Overall smartphone sales in China declined by 17%, according to market research firm Counterpoint. Apple’s impressive turnaround in China has much to do with its latest low price strategy.
Aug 20, 2020