In China, Apple is bigger than Tencent, Lenovo, and all other tech brands

Western products are a hot product in China — especially if they have the word “Apple” on them.

As China’s economy continues to grow and more of its 1.36 billion people adopt cutting-edge technologies, Apple is one of the companies benefiting big time. In terms of revenues, Apple is the No. 1 tech brand in that nation by far, according to a report from research firm Newzoo. With $37 billion generated in China, Apple eclipses every other Western and domestic company competing in the market. It’s bigger than Chinese Internet company Tencent, which owns the massively successful League of Legends and Cross-Fire games. It more than doubles Huawei’s $17.5 billion and Lenovo’s $14.7 billion, and both are Chinese companies that also produce smartphones.