BUZZ-Huawei chips away at Apple's premium smartphone market share in 2023 - report
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Apple's share in the global premium smartphone market has declined to 71% in 2023, mainly due to Huawei's resurrection in China. The global premium smartphone market is projected to grow 6% in 2023, with the premium segment capturing one-fourth of global smartphone market sales and 60% of the revenues. Samsung has also gained share in the market. The growth in the premium market is driven by China, Western Europe, India, and the Middle East and Africa.
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