Apple has lost its position as China's leading smartphone seller in 2024, with Vivo and Huawei overtaking the iPhone maker, according to data from research firm Canalys, states a recent Reuters report.

Apple is offering discounts of up to 500 yuan ($68.50) on its latest iPhone models in China as part of a rare four-day promotion.

Apple in China is offering discounts of up to 2,300 yuan ($318) on select iPhone models

Apple's  plan to add generative AI to its iPhones and revive sagging sales in the crucial Chinese market will be in focus on Thursday, when the tech giant is expected to report its biggest quarterly revenue decline in more than a year

Apple's China smartphone market share fell to 15.7 percent in the fist three months of the year from 19.7 percent in the first quarter of 2023