IPhone 16 Sales Soar 20% in China Debut as Demand Returns.

Sales of Apple Inc.'s iPhone 16 in China have increased by 20% compared to the previous model, indicating a positive reception in the country's smartphone market. The top-end Pro and Pro Max models have seen a 44% increase in sales, showing a trend towards higher-priced devices. Despite facing competition from local brands like Huawei, the iPhone 16 has shown substantial growth in the Chinese market, with analysts optimistic about its performance. The smartphone market in China remains highly competitive, with upcoming releases from Vivo, Huawei, Xiaomi, and Oppo posing challenges for Apple's latest offering. [Extracted from the article]