Apple CEO Tim Cook addresses a 24% drop in iPhone sales in China during his visit.

The decrease in sales is linked to the successful launch of Huawei's Pura 70 series.

Huawei's Pura 70 Ultra boasts high-end specs with a Kirin 9010 processor, up to 16GB RAM, and a cutting-edge triple camera system.

Despite lacking Google services, the Pura 70 Ultra is priced competitively at CNY9,999 for 512GB and CNY10,999 for 1TB, with strong market acceptance.

Huawei is poised to reclaim the lead in the Chinese smartphone market and is predicted to ship 10.4 million units of the Pura 70 series globally.

The use of its Kirin chips has allowed Huawei to outmaneuver US export restrictions and gain market traction.

Supply constraints are anticipated for the new Pura 70 series, but Huawei is still expected to challenge Apple's market position with further innovations.