Following the conclusion of college entrance exams, millions of Chinese students are engaging in “revenge spending,” driving record activations of over 32 million iPhone 17 units and propelling Apple back to the top of the smartphone market. Many buyers are prioritizing Apple’s superior resale value, reliability, and long-term performance over domestic brand loyalty. Meanwhile, Huawei grapples with sluggish sales, questionable profitability, talent exodus, and intensifying international pressure, raising questions about whether pragmatic value is outweighing patriotism among younger shoppers.
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Wednesday, June 17, 2026
Apple sets new iPhone sales records in China; while beleaguered Huawei faces empty stores
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