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Steady6 stories4 sourcesLast updated: 6/3/2026

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New Apple CEO John Ternus Faces Test in China Amid Declining Sales
Developing
Business·4/21/2026AI summary

New Apple CEO John Ternus Faces Test in China Amid Declining Sales

Apple's newly appointed CEO John Ternus faces mounting challenges in China, the company's third-largest market, where net sales declined 4% to US$64.4 billion last year following an 8% drop in 2024. Analysts question whether Ternus can replicate predecessor Tim Cook's successful 'charm offensives' with Chinese consumers and government ministers as competition from local smartphone makers intensifies.

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SCMP Tech
Huawei retains lead in China smartphone market, Apple shipments surge in first quarter
Tech
4/19/2026

Huawei retains lead in China smartphone market, Apple shipments surge in first quarter

Huawei Technologies claimed the top spot in China’s smartphone market in the first quarter with its highest share in five years, while Apple saw the strongest growth among the top six players, despite a global memory chip crunch. Huawei held a 20 per cent share in the first three months, the highest since the fourth quarter of 2020, according to a Friday report by Counterpoint Research. Chinese government subsidies that offered a 15 per cent discount for gadgets under 6,000 yuan (US$880), along...

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