Shipments of Apple and Xiaomi phones fell significantly in China in Q4 2018, while sales of Huawei products soared. Apple posted a decline of 19.9% in shipments over the period and Xiaomi recorded a fall of 34.9%. In contrast, Huawei's sales rose 23.3% as Chinese customers were drawn to the company's cheaper prices. The company said that it expects its revenue from smartphone sales will grow by about 30% this year, compared with last year.
Shipments of Apple and Xiaomi phones fell significantly in China in Q4 2018, while sales of Huawei products soared. Apple posted a decline of 19.9% in shipments over the period and Xiaomi recorded a fall of 34.9%. In contrast, Huawei's sales rose 23.3% as Chinese customers were drawn to the company's cheaper prices. Apple cited the weakening Chinese economy for its struggles, while Xiaomi pointed to adjustments to its product line and internal reorganisation.