China’s smartphone market will face “a structural change” upon Huawei’s return and declining iPhone demand in 2024, in response to Kuo Ming-chi, a TF Worldwide Securities analyst identified for his correct assessments of Apple’s enterprise.
“The iPhone cargo decline in China is greater than anticipated … primarily resulting from a decline in iPhone demand,” Kuo wrote on Twitter final week.
– ignited patriotic fervour and robust native demand after the corporate had struggled below Washington’s commerce sanctions.
Nevertheless, Huawei additionally faces a scarcity in provide because it scrambles to satisfy shopper demand. On Monday, the corporate launched a brand new marketing campaign, promising a wait time of not more than 90 days when clients order the Mate 60 Professional from the official web site.
