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
Circle Stock Falls After $280M Drift Protocol Hack Lawsuit Filed
Circle Internet Group's stock fell 1% after a class action lawsuit alleged it failed to prevent $230 million in stolen USDC during the Drift Protocol exploit. The lawsuit questions Circle's ability to halt the attackers' transactions, raising issues of responsibility for stablecoin issuers in breach scenarios.
GateNews5m ago
Chinese Optical Chip Maker Yuanjie Semiconductor Becomes China's Highest-Priced A-Share Stock, Surpassing Kweichow Moutai
Yuanjie Semiconductor Technology has become China's highest-priced A-share stock, reflecting a shift toward innovation. The company’s revenue surged 138.5%, driven by data center growth, making it a major player in the optical chip market.
GateNews25m ago
XRP ETF Assets Reach $1.08B as Fresh Inflows Hit $11.87M
XRP exchange traded funds saw inflows of $11.87 million, increasing total assets to $1.08 billion, reflecting sustained institutional interest and confidence in XRP's role in cross-border payments amidst growing demand for crypto ETFs.
GateNews45m ago
CleanSpark (CLSK) Highest Shorted BTC Mining Stock at 34.89%
CleanSpark (Nasdaq: CLSK) has the largest share of short open interest among Bitcoin mining and treasury companies, with short positions representing 34.89% of the free float and 4.71 days to cover, according to the source analysis. The stock traded at $11.42, up from $8.18 at the end of March,
CryptoFrontier45m ago
BTC up 0.58% in 15 minutes: exchange net outflows and ETF buy orders converge to lift the price
Between 2026-04-17 08:45 and 2026-04-17 09:00 (UTC), the BTC price surged in the short term. The candlestick return was +0.58%, with a price range of 75265.0 - 75862.3 USDT and a range of 0.79%. Market volatility increased and attention rose, with trading volume significantly higher than usual, reflecting a convergence between capital flow and technical signals.
The main driver behind this unusual move is the exchange’s net outflow of BTC in sync with ETF capital inflows. Data shows that within the past 24 hours, exchanges recorded a net outflow of 2,844.68 BTC
GateNews55m ago
