Gate News message, April 17 — Apple’s iPhone shipments in China rose 20% year-on-year in the first quarter, the fastest growth among major vendors, according to Counterpoint Research, even as overall smartphone shipments in the market fell 4%.
China’s government subsidy program, which launched on January 20, 2025, has provided significant support for the smartphone market. The initiative offers a 15% discount on phones priced under 6,000 yuan (approximately $880), capped at 500 yuan ($73) per device. As of March, more than 42 million consumers had applied for the subsidies, generating 67 billion yuan ($9.82 billion) in sales. Apple CEO Tim Cook noted the subsidies “had some effect” on Greater China performance, calling it “the first full quarter of the subsidies playing out.”
Huawei maintained the top position with a 20% market share and 2% shipment growth, while Apple ranked second with 19%. Xiaomi, Oppo, and Honor experienced shipment declines, while Vivo saw slight growth. Counterpoint attributed market headwinds to rising memory chip prices, which increased handset production costs and prompted some vendors to raise budget phone prices, alongside supply chain disruptions.
Counterpoint noted that Apple’s superior supply chain control allows it to absorb higher memory costs more effectively than competitors, making it less likely to raise prices. Meanwhile, Oppo and Vivo have raised prices on some models as memory costs climb. Huawei may gain an advantage in the low-to-mid-range segment through partnerships with domestic memory chip suppliers that typically charge less than international manufacturers.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Bitcoin Spot ETFs Record $664M Net Inflows, Highest Single Day in Three Months
Bitcoin spot ETFs saw significant net inflows of $664 million on April 17, the largest in three months. BlackRock led the funds with $284 million, followed by Fidelity and ARK. Other products saw minimal contributions.
GateNews11m ago
Ethereum Spot ETFs Record $127M Net Inflows, Fidelity FETH Leads with $84.13M
Ethereum spot ETFs saw $127 million in net inflows on April 17, with Fidelity's FETH leading at $84.13 million, followed by BlackRock's ETHA and other notable contributions from Grayscale and 21Shares.
GateNews11m ago
Bitdeer Maintains Zero Bitcoin Holdings After Selling 177 BTC This Week
Bitdeer reported producing and selling 177 BTC in the week ending April 17, resulting in no net increase in its holdings, leaving the firm with a zero Bitcoin position.
GateNews1h ago
X's Cashtags Feature Hits $1 Billion in Trading Volume Within Two Days of Launch
X's new Cashtags feature, launched on April 15, generated $1 billion in trading volume in two days, allowing users to access trading platforms and view price charts. Currently available only on iPhone in the U.S. and Canada, it complements the forthcoming X Money payment system, part of Elon Musk's vision for an "everything app."
GateNews2h ago
MicroStrategy Stock Rallies as Bitcoin Breaks $78K, Unrealized Gains Return to $1.37B
MicroStrategy's stock surged 13.83% as Bitcoin reclaimed $78,000, returning the company to an unrealized profit of $1.37 billion. The rise follows easing tensions in the Middle East and a broader rally in risk assets, despite criticism of its preferred stock.
GateNews2h ago
Tesla Terafab launches a major hiring drive—targeting Taiwan’s 2nm and advanced packaging talent
Tesla announced it is pushing forward the “Terafab” program, aiming to build self-sufficient semiconductor manufacturing capabilities in Texas, and to recruit engineers in Taiwan with 2nm process technology and advanced packaging skills. This move will affect Taiwan’s semiconductor talent market and shows Tesla’s focus on reducing reliance on external wafer foundry outsourcing.
ChainNewsAbmedia2h ago
