Foreign-Brand Phone Shipments in China Up 66% in June; Apple's China iPhone Revenue Record $20.5 Billion
In June 2026, foreign-brand smartphone shipments in China rose 66% month-on-month to 3.28 million units, while domestic brands shipped 19.15 million units. The overall market fell 15.3% year-on-year. Apple reported record China iPhone revenue of US$20.5 billion for the March quarter, up more than US$4 billion year-on-year, and overall China sales grew 38%. Apple's market value briefly exceeded US$5 trillion, making it the world's most valuable company.
In June 2026, foreign-brand smartphone shipments in the Chinese market reached 3.28 million units, up 66% month-on-month. During the same period, domestic-brand smartphone shipments totaled 19.15 million units. Data from the China Academy of Information and Communications Technology showed that the overall Chinese smartphone market contracted by 15.3% in June compared with the same month in 2025.
Apple is scheduled to release its latest quarterly earnings on July 30, 2026. In the March 2026 quarter, Apple's iPhone revenue from the Chinese market reached US$20.5 billion, an increase of more than US$4 billion year-on-year, setting a record. Apple's overall sales in China grew 38% year-on-year.
Apple's market value briefly exceeded US$5 trillion, making it once again the world's most valuable company.
Why this event matters
The event has a measured impact on 1 industry. The strongest current signal is mixed for Smartphones, with intensity 70/100 and 85% confidence over a short term horizon.
Impact figures are analytical estimates that combine direction, intensity, confidence and event importance. They are not investment advice.