iPhone out of top five in China smartphone market
New York, NY, United States (4E) – Research firm Canalys found in its study that Apple’s iPhone has fallen out of China’s top five best selling smartphones in Q3. The main reason for this is price. Apple’s iPhone isn’t a cheap smartphone to purchase and Apple has suffered in a market which features low-priced smartphone models.
In the second quarter, Apple held the fifth spot on the list. But in the first quarter Apple was as high as second on the list.
Apple’s chief rival, Samsung, was the best selling smartphone in China with a 14 percent share in shipments. Landing in second place is Chinese tech company Lenovo with a 13 percent share.
In third place is little known — at least outside of China — Chinese company Yulong Computer Telecommunication Scientific. The company sells affordable smartphones that cost below $100. Yulong sells smartphones under the name Coolpad.
“They are doing especially well from their partnerships with China Telecom and China Mobile this quarter,” Canalys analyst Nicole Peng said about Yulong.
Rounding out the top five were companies ZTE and Huawei. All three Chinese companies had an estimated 10 percent smartphone market share each.
“(The Chinese vendors) are selling their devices at a very low price that can attract first-time smartphone users, Apple’s iPhone is still very expensive and it kind of limits their expansion in the country, when the target audience of where the growth is coming from is at the low-end,” Peng added.