Apple's iPhone 16 vaulted into second place in China smartphone shipments with 15.6% market share.The Chinese smartphone market grew 3.2% YoY to 68.8 million units in Q3 2024, driven by device upgrades.Apple's re-entry into the Top 5 smartphone companies was supported by the iPhone 16 series.The positive growth trajectory is expected to continue in Q4 with the release of flagship models and the Singles Day shopping festival.