The Apple of China has hit a wall

The so-called “Apple of China” is having a rough go of it.As this chart from Statista shows, Chinese manufacturer Xiaomi saw a 38.8% year-over-year decline in smartphone sales for its home country this past quarter. According to research firm IDC, shipments dipped from 17.1 million to 10.5 million, while its market share fell from 16% to 9.5%. Meanwhile, rivals Huawei, Oppo, and Vivo all saw big gains, which IDC attributes to stronger marketing campaigns and offline channel