Apple introduces iPhone with 5G
Competition in China's high-end smartphone market is set to intensify with the arrival of the 5G-enabled iPhone 12 from Apple Inc, as domestic companies may unveil more feature-packed models to attract consumers, experts said.
Though the US tech giant has been a relatively late entrant in the 5G-enabled phone market, some tech-savvy Chinese consumers may upgrade to the new iPhones, which enable data flow at faster speeds and offer smoother experiences for gaming enthusiasts and those watching streaming videos, they said.
"The new iPhones will increase the share of high-end phones in the overall smartphone market," said Wang Xi, research manager at global market consultancy IDC.
IDC estimates that about 240 million 5G-enabled smartphones would be shipped this year, with the Chinese market alone accounting for more than 160 million units, or 67.7% of the total.