Apple is losing to Huawei in China. Here’s why
Since releasing its Mate 60 Pro series last August, Chinese tech giant Huawei has made a comeback in China’s smartphone market, knocking Apple (AAPL) from its pedestal. Huawei and other homegrown smartphone makers have experienced double-digit growth this year, boosting smartphone shipments in China by 8.9% year-over-year in the second quarter, according to the International…