Huawei Narrows Gap With Apple In China's Premium Smartphone Market

Huawei Technologies continues to gain ground on Apple in mainland China’s high-end smartphone market, growing its shipments of premium devices (priced over $600) by 34% year-over-year in Q3 2024, according to a report by Canalys, as cited by the South China Morning Post.

Huawei now holds a 33% market share in this segment, while Apple leads with 52% despite a 5% decline in iPhone shipments during the same period. I Photo: Raysonho @ Open Grid Scheduler / Grid Engine Flickr

Huawei now holds a 33% market share in this segment, while Apple leads with 52% despite a 5% decline in iPhone shipments during the same period.

Huawei’s resurgence in the premium market has been fueled by its re-entry into the 5G smartphone segment, helping the Chinese smartphone market head toward its first annual growth in five years.

Huawei also dominates the foldable smartphone category, shipping 1.12 million units during the quarter—an impressive 97% year-on-year increase—outpacing rivals such as Honor, Vivo, Xiaomi, and Samsung.