Apple gaining significant ground in Chinese smartphone market, JP Morgan says


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11 January, 2021 Apple gained significant ground in China despite a seasonal decline in the region’s total smartphone industry, investment bank JP Morgan claims. In a note to investors seen by AppleInsider , lead analyst Samik Chatterjee highlights two recent data sources that suggest Apple’s increasing strength in China. That includes a monthly China Academy of Information and Communications Technology (CAICT) report for the month of December 2020, and a recent supply chain report from DigiTimes . The CAICT data, Chatterjee says, indicates that smartphone shipments declined about 10% from the previous month in December. International brand shipments, which is...