BIG IN CHINA: Thanks to its large-screen iPhone 6, Apple consolidated its position in the shrinking Chinese market, claiming 14.7% market share, ahead of Xiaomi and Huawei at 13.7% and 11.4%, respectively, according to IDC.
BEIJING: China's smartphone market has reached saturation, according to a new study by industry analyst IDC that carries potentially significant implications for the global handset industry led by giants like Apple Inc and Samsung Electronics Co Ltd.
During the first quarter of 2015, smartphone shipments in the world's most populous country shrank for the first time in six years to 98.8 million, down 4.3% from a year earlier, IDC said in a report, attributing the slump to "market saturation".
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