Apple just set an all-new record for the most App Store revenue brought in from one country in a quarter. Only instead of the United States taking the top spot, China is now Apple’s most profitable market for apps.
For the second quarter in a row, Chinese smartphone makers produced more phones than market leaders Apple and Samsung, according to a new Q3 shipment volume report from global market research firm Trendforce.
Apple saw its iPhone volume production fall 5.3 percent from the three months previous, while Samsung registered minor growth of 1.3 percent. Chinese smartphone makers on the other hand? A quarterly increase of 18 percent.
Apple has announced plans for its second R&D center in China, located in the country’s manufacturing hub Shenzhen. The 2017 opening will help Apple further grow its market in the world’s second largest economy as it challenges local competition.
“We are excited to be opening a new Research and Development center here next year so our engineering team can work even more closely and collaboratively with our manufacturing partners,” Apple spokesperson Josh Rosenstock said.
Although Didi Chuxing denied it at the time, regulatory filings show that Apple took the board position in late June, one month after it made its generous investment — designed to aid Apple’s continued push into China and interest in shaking up the automotive industry.