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Apple’s iPhone shipments up 20% in China in Q1, Reuters reports

Apple (AAPL) saw iPhone shipments in China jump 20% in Q1, outperforming peers despite a 4% overall market decline driven by higher chip costs and supply chain disruptions, Reuters’ Che Pan and Laurie Chen report. Alongside Huawei, which also grew modestly, Apple was one of the few major vendors to buck the broader downturn, according to the report.

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