APPLE'S NEW IPHONE SALES IN CHINA JUMP 20% IN FIRST 3 WEEKS

Apple Inc's new iPhones got off to a strong start in China, with their sales rising 20% in their first three weeks since their launch compared with its 2023 model, according to data from research firm Counterpoint.

Both Apple and Huawei's (HWT.UL) latest smartphones went on sale in China on Sept. 20, underscoring intensifying competition in the world's biggest smartphone market where the U.S. firm has been losing market share in recent quarters to domestic rivals.Overall iPhone unit sales in China, however, dropped 2% year on year during the three-week period because of decreased sales of older models and increased competition with Huawei's Mate and Pura series.

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