According to reports, this Chinese premium smartphone is giving tough competition to Apple in its home country – Times of India

Huawei Reportedly competing with Apple's latest generation iPhones in China. According to a report by Counterpoint Research, Huawei Technologies sold 1.6 million Mate 60 series phones in 6 weeks. The high sales numbers come as the Chinese tech giant defies a smartphone slowdown to take advantage of strong demand in its high-end smartphone market.
The Counterpoint report added that more than 400,000 of those sales were in the last two weeks, when Apple launched the iPhone 15 in China. flagship Huawei Mate 60 Pro The report claims that the Mate series accounts for nearly three-quarters of all phones sold. Huawei launched its premium Mate 60 Pro phone in late August, which many analysts say uses a domestically-made chip and marks a breakthrough in the face of US technology sanctions against the company. The smartphone is said to be in high demand, which “creates the appearance of constant unaffordability,” said Ivan Lam, senior analyst at Counterpoint.
The overall global smartphone market fell 8% to its lowest level in the third quarter in a decade due to reduced demand for major brands. Huawei, its former unit Honor and Transsion Group were the only brands to post year-on-year growth during that period.
“Chinese Retailer Offers Deep Discounts on iPhone 15 Series”
Without providing specific numbers, the report said that in its first 17 days, iPhone 15 sales were down 4.5% compared to iPhone 14 series sales. Chinese e-commerce platforms including PDD Holdings' Pinduoduo and Alibaba's Taobao are reportedly offering deep discounts on Apple's latest iPhone 15 series, with some models selling up to 900 yuan ($123) below retail price.
In China, Apple will periodically allow partner retailers to offer discounts to boost demand. But China's e-commerce platforms are also locked in a “value for money” battle as consumers tighten their belts amid a slowing economy, with discounts the main focus of the upcoming annual Singles Day shopping festival.
iPhone 15 sales are impressive worldwide
By the way, except for China, the iPhone 15 series has been very well received by buyers. Apple is set to set record sales for the iPhone 15 in several countries, including India and the US.