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OverviewAPI
Apple's dominance in the smartphone market surged in 2023, with a record-breaking market share, while the overall market experienced a 3.2% decline. The trend towards premium devices and aggressive trade-in offers contributed to Apple's market share rise. Huawei is gaining ground in China, and other brands are launching competitive devices in the high-end space. The smartphone industry is set to witness increased competition and AI technology advancements.

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