17 Feb '12, 1pm

Apple's iPhone loses China market share

HONG KONG/BEIJING - Apple's share of China's booming smartphone market slipped for a second consecutive quarter in October-December, as it lost ground to cheaper local brands and as some shoppers held off until after the iPhone 4S launch last month. China, the world's largest mobile phone market, has not been easy for Apple, which is grappling with a lawsuit from a local firm over the iPad name and issues at its suppliers' factories over wages and working conditions. With the number of mobile subscribers set to top 1 billion in China this year, there is cut-throat competition from South Korea's Samsung Electronics, Nokia, and local firms Huawei Technologies and ZTE. While Apple regained its top spot as the world's largest smartphone vendor in the fourth quarter and for last year as a whole, it slipped to fifth place in China, overtaken by ZTE. Apple's China smartphone mark...

Full article: http://www.todayonline.com/Business/EDC120217-0000211/App...

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