Huawei has reclaimed its top position in China's smartphone market for the first two weeks of 2024. This is the first time Huawei reclaim top spot in China since being blacklisted by the US in 2019, as reported by Counterpoint. This resurgence follows Huawei's intensified efforts in chip production, culminating in the release of the Mate 60 handset equipped with a China-made advanced semiconductor chip, a feature previously reliant on US chipmakers. The Mate 60's popularity, coupled with Huawei's pivot towards AI, has led to its out-of-stock status, highlighting the company's shifting priorities. Conversely, Apple has faced challenges in China, with declining iPhone sales attributed to the resurgence of Huawei and the growing preference for foldable phones among high-end users.