Apple’s China Shipments Surged in June After Lockdowns Lifted
(Bloomberg) — Apple Inc.’s iPhone shipments in China apparently surged in June, leading a rebound in the smartphone market after Covid lockdowns lifted.
China’s mobile phone shipments jumped 9.2% last month, led by overseas vendors such as Apple and Samsung Electronics Co. Domestic brands like Xiaomi Corp., Oppo and Vivo were down 0.5%, official data showed. As Samsung no longer commands a significant share of China’s smartphone market and Apple is the fourth-largest player, iPhones probably accounted for the bulk of the sales rebound. The U.S. company will provide details on its Chinese business when it reports earnings later this month.
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