Apple Falls to Fourth Place in China’s Smartphone Market
New data from industry research firm IDC shows that Apple Inc.’s (NASDAQ: AAPL) share of the smartphone market in China fell to 10% — or nearly cut in half — in the second quarter. Lenovo Group overtook Apple for second…
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Smartphone shipments in China overtook feature phones for the first time in three months ending in June. Smartphone shipments totaled 44 million, or 51% of China’s total mobile shipments of 87 million. China is set to overtake the United States as the world’s largest smartphone market this year.
South Korea’s Samsung Electronics held on to its lead in the Chinese smartphone market with a share of 19% in the second quarter. But that was down from 21% in the previous quarter. Lenovo, the world’s number two maker of personal computers had 11% market share, climbing from seventh place in the first quarter.
With its 10% market share in the People’s Republic, Apple slipped to fourth place in the second quarter.
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Trey has been an editor and author at 24/7 Wall St. for more than a decade, where he has published thousands of articles analyzing corporate earnings, dividend stocks, short interest, insider buying, private equity, and market trends. His comprehensive coverage spans the full spectrum of financial markets, from blue-chip stalwarts to emerging growth companies.
Beyond 24/7 Wall St., Trey has created and edited financial content for Benzinga and AOL's BloggingStocks, contributing additional hundreds of articles to the investment community. He previously oversaw the 24/7 Climate Insights site, managing editorial operations and content strategy, and currently oversees and creates content for My Investing News.
Trey's editorial expertise extends across multiple publishing environments. He served as production editor at Dearborn Financial Publishing and development editor at Kaplan, where he helped shape financial education materials. Earlier in his career, he worked as a writer-producer at SVE. His freelance editing portfolio includes work for prestigious clients such as Sage Publications, Rand McNally, the Institute for Supply Management, the American Library Association, Eggplant Literary Productions, and Spiegel.
Outside of financial journalism, Trey writes fiction and has been an active member of the writing community for years, overseeing a long-running critique group and moderating workshop sessions at regional conventions. He lives with his family in an old house in the Midwest.
