China iPhone sales strong, Apple tells investors as Huawei threat looms
1 year, 1 month ago

China iPhone sales strong, Apple tells investors as Huawei threat looms

The Hindu  

Apple said on Thursday that demand for its iPhones in China was strong, trying to reassure investors who are worried it is losing ground to a newly resurgent Huawei Technologies and other local smartphone makers. Research firm Canalys estimated that overall smartphone sales in China fell 3% in July-September from a year earlier as consumers bought fewer smartphones as an economic recovery was choppy. Apple's comments followed optimistic commentary from its chip supplier Qualcomm on Wednesday, which signalled that a two-year-long slump in the smartphone market was easing, led by a recovery in China. Qorvo, another wireless connectivity chip supplier to Apple, also said inventory levels at their China customers were slowly falling and that the company had recorded its largest bookings quarter in more than two years.

Apple Sales Cook Quarter Iphone Iphones Qualcomm China Smartphone Huawei Threat  looms  chip  huawei  threat  china  smartphone  iphones  overall  cook  investors  huaweis  tells  quarter  strong  sales  iphone  apple  market

History of this topic

Apple AI in China: In talks with Tencent, ByteDance to roll out AI features, sources say
3 days, 14 hours ago

Apple AI in China: In talks with Tencent, ByteDance to roll out AI features, sources say

The Hindu  

Apple is in talks with Tencent and TikTok owner ByteDance about integrating their artificial intelligence models into iPhones sold in China, according to three sources familiar with the matter. ChatGPT is not available in China and the country's regulatory requirements mandate that generative AI services obtain government approval before public release, forcing Apple to seek local partners for its AI …

China's smartphone shipment grows to 68.8m in Q3, records growth
1 month, 1 week ago

China's smartphone shipment grows to 68.8m in Q3, records growth

China Daily  

By Fan Feifei | chinadaily.com.cn | Updated: 2024-11-14 11:23 Nubia Technology unveils its latest handsets for gaming and esports enthusiasts, the Red Magic 10 Pro series. China's smartphone shipments increased in the third quarter of the year, fueled by a surge in device upgrades driven by sustained pent-up demand, according to a report from global market research company, International Data …

Apple’s Sales in China Are Stalling. What Will It Sacrifice to Turn Things Around?
1 month, 3 weeks ago

Apple’s Sales in China Are Stalling. What Will It Sacrifice to Turn Things Around?

Wired  

“Our objective is to move as fast as we can, obviously, because our objective is always to get features out there for everyone. We have to understand the regulatory requirements before we can commit to doing that and commit a schedule to doing that.” In this context, Apple’s decision to open up its biggest research center outside of the US …

Apple to increase its investment in China, Tim Cook says
2 months ago

Apple to increase its investment in China, Tim Cook says

China Daily  

Apple to increase its investment in China, Tim Cook says By Cheng Yu chinadaily.com.cn Updated: Oct 23, 2024 Consumers select products at an Apple store in Chengdu, Sichuan province, Feb 23, 2024. Tim Cook, CEO of Apple Inc, said the company will continue to increase investment in China and contribute to the industrial and supply chains, as he met with …

Huawei sees first-half earnings surge on smartphone renaissance
3 months, 3 weeks ago

Huawei sees first-half earnings surge on smartphone renaissance

The Hindu  

Chinese tech giant Huawei reported hefty jumps in first-half revenue and net profit on Thursday, with smartphone sales robust and its smart car components business also doing well despite U.S. sanctions. Huawei did not give an earnings breakdown for individual units, but a spokesperson said its mainstay consumer business, which includes smartphones and PCs, as well as its smart car …

Apple breaks out of recent sales slump as it gears up to make its leap into the AI craze
4 months, 3 weeks ago

Apple breaks out of recent sales slump as it gears up to make its leap into the AI craze

Associated Press  

Apple snapped out of a prolonged sales slump during its most recent quarter as the trendsetting company prepares to launch into the artificial intelligence craze with an arsenal of new technology that’s expected to juice demand for its next iPhone. Sales of the iPhone — Apple’s marquee product — remained on a downward slope though, dipping 1% from last year …

Sales of iPhone fall to three-year low as Apple’s popularity drops in China
4 months, 3 weeks ago

Sales of iPhone fall to three-year low as Apple’s popularity drops in China

The Telegraph  

Sales of the iPhone have fallen to the lowest level for three years after Apple’s popularity dropped in China and as shoppers wait for new models. However, the company saw another sales drop in China, where it has struggled in recent months as local rival Huawei has overcome US microchip sanctions to launch new high-end phones. Overall, however, Apple’s sales …

China sees an increase in 5G smartphone shipments
5 months, 1 week ago

China sees an increase in 5G smartphone shipments

China Daily  

iQOO unveiled its latest phone Neo9S Pro+, which features its self-developed Q1 gaming chip and Qualcomm's Snapdragon 8 chip. A total of 25.53 million 5G phones were shipped in China, marking a 26.6 percent year-on-year growth and accounting for 84.2 percent of the total mobile phone shipments during May, the report said. From January to May 2024, the cumulative shipment …

For Apple’s AI push, China is a missing piece
6 months ago

For Apple’s AI push, China is a missing piece

Live Mint  

Apple’s presentation on artificial intelligence this month offered examples of how American iPhone users could soon enjoy AI tools such as a custom emoji generator. OpenAI’s ChatGPT and other Western AI models aren’t available in China, and that is prompting Apple to look for a Chinese partner to help offer its Apple Intelligence services, said people in the industry. Apple …

Consumer electronics sales looking up
7 months ago

Consumer electronics sales looking up

China Daily  

Consumers experience Vivo smartphones at a store in Shanghai in March. Ming-Chi Kuo, an analyst at TF International Securities, said that the Pura 70 series, featuring Huawei's self-developed HarmonyOS 4.2 operating system and its in-house large language model to support more AI functions — such as automatically deleting unwanted objects in photos — is expected to see more significant sales …

China's smartphone shipments reach 69.3m units in Q1
7 months, 2 weeks ago

China's smartphone shipments reach 69.3m units in Q1

China Daily  

A consumer checks out an Honor smartphone at a store in Shanghai in January. WANG GANG/FOR CHINA DAILY BEIJING - China's smartphone shipments grew by 6.5 percent year on year to 69.3 million units in the first quarter of 2024, data from a recent industry report showed. Although this growth figure was supported by a low comparison base year, it …

Apple stock rallies over upbeat forecast, record-setting stock buyback
7 months, 2 weeks ago

Apple stock rallies over upbeat forecast, record-setting stock buyback

Hindustan Times  

Apple Inc. shares jumped in late trading after the company posted stronger-than-expected sales last quarter and predicted a return to growth in the current period, sparking optimism that a slowdown is easing. “We believe we are well-positioned.” Cook said Thursday that Apple will stand out from its AI rivals by tightly integrating hardware and software, using in-house chips, and making …

Apple’s quarterly iPhone sales plunge 10%, but stock price surges on dividend, stock buyback news
7 months, 2 weeks ago

Apple’s quarterly iPhone sales plunge 10%, but stock price surges on dividend, stock buyback news

Associated Press  

Apple on Thursday disclosed its steepest quarterly decline in iPhone sales since the pandemic’s outset, deepening a slump that’s increasing the pressure on the trendsetting company to spruce up its products with more artificial intelligence. The 10% drop in year-over-year iPhone sales for the January-March period is latest sign of weakness in a product that generates most of Apple’s revenue. …

Apple suffers 10% drop in quarterly iPhone sales to start the year, biggest drop since pandemic
7 months, 3 weeks ago

Apple suffers 10% drop in quarterly iPhone sales to start the year, biggest drop since pandemic

LA Times  

The sun is reflected on Apple’s Fifth Avenue store in New York. Apple on Thursday disclosed its steepest quarterly decline in iPhone sales since the pandemic’s outset, deepening a slump that’s increasing the pressure on the trendsetting company to spruce up its products with more artificial intelligence. It marked the biggest drop in iPhone sales since the July-September period in …

China's smartphone market grows 6.5% in Q1
7 months, 4 weeks ago

China's smartphone market grows 6.5% in Q1

China Daily  

By Sun Chi | chinadaily.com.cn | Updated: 2024-04-25 17:32 Customers try smartphones in the Pura 70 series at a Huawei retail store in Shanghai on April 19. China's smartphone market saw shipments reach about 69.26 million units, an increase of 6.5 percent in the first quarter of 2024 on a yearly basis, according to a latest report by market consultancy …

China's smartphone market grows 6.5% in Q1
7 months, 4 weeks ago

China's smartphone market grows 6.5% in Q1

China Daily  

By Sun Chi | chinadaily.com.cn | Updated: 2024-04-25 17:32 Customers try smartphones in the Pura 70 series at a Huawei retail store in Shanghai on April 19. China's smartphone market saw shipments reach about 69.26 million units, an increase of 6.5 percent in the first quarter of 2024 on a yearly basis, according to a latest report by market consultancy …

Samsung overtakes Apple as top smartphone maker in Q1 2024
8 months, 1 week ago

Samsung overtakes Apple as top smartphone maker in Q1 2024

The Hindu  

April 15, 2024 10:06 am | Updated 10:08 am IST Apple’s smartphone shipments took a hit by about 10% in the first quarter of 2024, according to a report published by Reuters on Monday, citing data from IDC. During the January- March period, Samsung reportedly captured 20.8% of the market share, clinching the top smartphonemaker position from Apple. In the …

Apple’s iPhone shipments fall 10% as android rivals rise: What's happening?
8 months, 1 week ago

Apple’s iPhone shipments fall 10% as android rivals rise: What's happening?

Hindustan Times  

Apple Inc.’s iPhone shipments were down nearly 10% in the first quarter of the year, losing ground as the broader smartphone industry rebounded, according to market tracker IDC. Apple iPhones are seen inside India's first Apple retail store during a media preview, a day ahead of its launch in Mumbai, India. The Cupertino, California-based company has struggled to sustain sales …

Huawei’s profit more than doubles in 2023, sales up 9.6% as cloud and digital businesses grow
8 months, 3 weeks ago

Huawei’s profit more than doubles in 2023, sales up 9.6% as cloud and digital businesses grow

Associated Press  

HONG KONG — Chinese telecoms gear company Huawei Technologies has reported its profit more than doubled last year as its cloud and digital businesses thrived in spite of U.S. sanctions. Huawei’s rotating chairman Ken Hu said the company’s figures were in line with forecasts. Huawei, one of China’s first global tech brands, has been caught up in China-U.S. tensions over …

Apple tumbling in China, iPhone shipments in February fell by about one-third from a year ago
8 months, 3 weeks ago

Apple tumbling in China, iPhone shipments in February fell by about one-third from a year ago

Firstpost  

Apple’s sales in China continue to slide. Apple’s iPhone shipments in China, plummeting by approximately one-third compared to the previous year. In January of 2024, Apple saw a 39 per cent year-on-year decrease Apple’s fortune continues to be on precarious ground in China. Official state data released on Tuesday indicates a significant decline in Apple’s iPhone shipments in China, plummeting …

Apple to pay $490 million to settle allegations that it misled investors about iPhone sales in China
9 months, 1 week ago

Apple to pay $490 million to settle allegations that it misled investors about iPhone sales in China

LA Times  

A preliminary settlement filed in federal court stems from a shareholder lawsuit focused on the way Apple relayed information about how iPhone models released in September 2018 were performing in China, one of the company’s biggest markets. Apple has agreed to pay $490 million to settle a class-action lawsuit alleging Chief Executive Tim Cook misled investors about a steep downturn …

Apple to open eighth flagship store in Shanghai
9 months, 1 week ago

Apple to open eighth flagship store in Shanghai

China Daily  

Shoppers look at products at an Apple Store on Nanjing Road Walkway in Shanghai on Aug 23, 2023. Apple Inc will open a new flagship store named Apple Jing'an in central Shanghai on March 21, the US tech giant announced on Monday. Attracting more than 83.4 million yuan of investment, Apple Jing'an is the company's second-largest flagship store after the …

Apple China iPhone sales plunge 24% as Huawei's popularity surges
9 months, 2 weeks ago

Apple China iPhone sales plunge 24% as Huawei's popularity surges

The Hindu  

Apple's iPhone sales in China fell 24% year-on-year in the first six weeks of 2024, according to research firm Counterpoint, as the U.S. company faced increased competition from domestic rivals such as Huawei. The U.S. tech giant's chief competitor in China in premium smartphones, Huawei, saw unit sales rise by 64% in the period, according to the report. Apple "faced …

Apple's China sales tumble highlights waning clout as local brands gain
10 months, 3 weeks ago

Apple's China sales tumble highlights waning clout as local brands gain

The Hindu  

Apple's weak China sales performance may have shocked investors, but customers and analysts have been noting the rising challenges the company faces in its third-largest market. Intensifying competition from domestic rivals, coupled with longer upgrade cycles as consumers spend more cautiously amid an economic slowdown, have stunted Apple's China growth, with sales there nosediving by 13% in the quarter ending …

Apple China sales lag overshadows quarterly profit, revenue beats
10 months, 3 weeks ago

Apple China sales lag overshadows quarterly profit, revenue beats

Live Mint  

Apple on Thursday reported China sales that missed Wall Street targets, overshadowing overall sales and profit that beat analysts' targets, powered by iPhone growth. Wall Street had been targeting just under $96 billion in sales, a small year-over-year rise, according to LSEG data, compared with Apple's forecast of roughly $90 billion, which is $5 billion below last year's figure. Apple …

Apple ends yearlong sales slump with slight revenue rise in holiday-season period but stock slips
10 months, 3 weeks ago

Apple ends yearlong sales slump with slight revenue rise in holiday-season period but stock slips

Associated Press  

SAN FRANCISCO — Apple snapped out of a yearlong sales funk during its holiday-season quarter, propelled by solid demand for the latest model of its iPhone and still-robust growth in a services division facing legal threats that could undermine its prospects. The modest revenue growth announced Thursday as part of Apple’s October-December results ended four consecutive quarters of year-over-year sales …

Apple tops India smartphone revenue in 2023, nears $10 bn mark
10 months, 3 weeks ago

Apple tops India smartphone revenue in 2023, nears $10 bn mark

Live Mint  

Apple is projected to have pipped Samsung for the top spot in terms of revenue with almost one-third of Samsung’s total shipment volume—while Apple is said to have shipped just over 10 million iPhones last year, Samsung shipped over 27.3 million to capture 18% of the market. iPhone-maker Apple marked 2023 as the first year when it topped the smartphone …

Apple vs Samsung: iPhone maker overtakes South Korean giant as world's largest smartphone maker
11 months ago

Apple vs Samsung: iPhone maker overtakes South Korean giant as world's largest smartphone maker

Firstpost  

In a historic shift, Apple’s iPhone outpaced Samsung’s smartphones to clinch the title of the world’s best-selling smartphone in 2023, marking the first time the South Korean tech giant has surrendered the top position since 2010. Meanwhile, Samsung experienced a 13.6 per cent decline in smartphone shipments, totalling 226.6 million units and securing a market share of 19.4 per cent, …

Apple dethrones Samsung to become world's top phone maker
11 months ago

Apple dethrones Samsung to become world's top phone maker

Hindustan Times  

For the first time since 2010, Apple Inc has dethroned Samsung Electronics to become the best-selling smartphone company in 2023. Apple iPhone 15 plus Samsung, whose shipments slumped double-digits to 226.6 million, came in second, ahead of Chinese device makers like Xiaomi Corp. Apple iPhone 15 had a lukewarm reception in China, which is its biggest market in the world, …

Apple offers discounts as market heats up
11 months ago

Apple offers discounts as market heats up

China Daily  

By CHENG YU | China Daily | Updated: 2024-01-17 09:21 A view of Apple Inc's flagship store in Hangzhou, Zhejiang province. It's for the first time in years that Apple is offering a discount at the beginning of a year," said Guo Tianxiang, senior analyst from market consultancy IDC China. Ivan Lam, senior analyst at market consultancy Counterpoint Research, wrote …

What breakthrough method have Chinese authorities developed to monitor AirDrop?
11 months, 1 week ago

What breakthrough method have Chinese authorities developed to monitor AirDrop?

India TV News  

Apple's New Challenge in China: In a recent development, it's been reported that a government-backed organisation in China has found a way to detect people using Apple's AirDrop feature. Considered a "technological breakthrough," this method aligns with China's efforts to control the content it deems undesirable, adding a layer of uncertainty to Apple's operations in a country where the company …

Big Trouble: iPhone Sales in China Continue To Fall Putting Apple Under Pressure
11 months, 2 weeks ago

Big Trouble: iPhone Sales in China Continue To Fall Putting Apple Under Pressure

News 18  

BEIJING: Apple's iPhone sales in China dropped by 30% in the first week of 2024, Jefferies analysts said in a note, adding to signs of growing competitive pressures from domestic rivals such as Huawei for the U.S. tech giant. The decline in Apple's sales was the primary catalyst for an overall double-digit drop in China smartphone shipments for the first …

The beginning of the end for the iPhone? As Apple shares slump 4% after 'lacklustre' iPhone 15 sales, experts claim its smartphones have become 'formulaic' and warn customers are jumping ship to rival
11 months, 2 weeks ago

The beginning of the end for the iPhone? As Apple shares slump 4% after 'lacklustre' iPhone 15 sales, experts claim its smartphones have become 'formulaic' and warn customers are jumping ship to rival

Daily Mail  

iPhone 15 has already been called potentially 'the biggest flop in Apple's history' Ever since the first iPhone was unveiled more than 15 years ago, Apple has had a vice-like grip on the smartphone market. IDC estimates it sold 215 million in 2023 Apple released its iPhone 15 range in September, equipped with a USB-C charging port and new artificial …

Huawei forecasts revenue growth in 2023 as smartphones surge, indicating rebound after sanctions
11 months, 3 weeks ago

Huawei forecasts revenue growth in 2023 as smartphones surge, indicating rebound after sanctions

The Hindu  

Chinese tech giant Huawei Technologies expects to report revenue exceeding 700 billion yuan for 2023, according to comments from rotating chairman Ken Hu in an internal new year message seen by Reuters. The forecast offers further evidence that Huawei is rebounding after U.S. sanctions starting in 2019 impacted some of its business lines by restricting access to critical global technologies …

Huawei expects 2023 revenue increase despite external challenges
11 months, 3 weeks ago

Huawei expects 2023 revenue increase despite external challenges

China Daily  

By Ma Si | chinadaily.com.cn | Updated: 2023-12-29 13:30 Pricing details of Huawei's Mate 60 Pro smartphones are seen on smartphones displayed at a Huawei store in Shanghai, September 8, 2023. Huawei Technologies Co expects its revenue to hit 700 billion yuan in 2023, after the company made a strong comeback in its smartphone business with the Mate 60 series …

Value of Apple sales underperforms Huawei, Xiaomi on China's Singles Day
1 year, 1 month ago

Value of Apple sales underperforms Huawei, Xiaomi on China's Singles Day

The Hindu  

Apple saw a decline in the value of smartphone sales during China's recent Singles Day shopping festival, data from Counterpoint Research showed, lagging domestic rivals Huawei and Xiaomi which recorded robust increases. China's e-commerce platforms such as Alibaba and JD.com did not release sales figures for the Singles Day festival, having dropped the practice last year, although JD.com said the …

Apple’s sales fall for the fourth straight quarter despite a strong start for latest iPhones
1 year, 1 month ago

Apple’s sales fall for the fourth straight quarter despite a strong start for latest iPhones

Associated Press  

Apple’s sales remained on a downward slope during the summer, resulting in a full year of declining revenue at the technology trendsetter with a long history of steady growth that turned it into the world’s most valuable publicly traded company. The slight sales deterioration announced Thursday for the July-September period marked the end of Apple’s fiscal year — a stretch …

Apple, China met to discuss Beijing's crackdown on western apps: Report
1 year, 2 months ago

Apple, China met to discuss Beijing's crackdown on western apps: Report

The Hindu  

Apple staff met with Chinese officials in recent months to discuss concerns over new rules that will restrict the U.S. tech giant from offering many foreign apps currently available on its app store in the country, the Wall Street Journal reported on Friday. The officials told Apple that it must strictly implement the rules which ban unregistered foreign apps, the …

Samsung and Huawei to spearhead foldable smartphone surge in 2024: Counterpoint Research Report
1 year, 3 months ago

Samsung and Huawei to spearhead foldable smartphone surge in 2024: Counterpoint Research Report

India TV News  

The global market for foldable smartphones is poised for significant growth in 2024, driven by the introduction of more affordable entry-level products. In the second quarter of this year, the global foldable smartphone market experienced a significant 10% year-on-year growth, totalling 2.1 million units. In Q2, the Chinese foldable smartphone market achieved remarkable success, surging 64% year-on-year to reach 1.2 …

Banned or not? Why there is confusion over restrictions on iPhone use in China
1 year, 3 months ago

Banned or not? Why there is confusion over restrictions on iPhone use in China

Firstpost  

China has denied issuing any ban on the ‘purchase or use’ of Apple’s iPhones. The remarks by its foreign ministry spokesperson come after multiple media reports said last week that staffers at central government agencies have been forbidden to use the smartphone at the workplace China has denied banning Apple’s iPhones for government staff at work. “China has not issued …

China says it has not banned purchase, use of iPhones, foreign phone brands
1 year, 3 months ago

China says it has not banned purchase, use of iPhones, foreign phone brands

The Hindu  

China has not issued a ban on the purchase and use of foreign phone brands, the Chinese foreign ministry said on Wednesday, in response to media reports that said some government agencies and firms had told staff to stop using Apple's iPhones at work. "China has not issued laws, regulations or policy documents that prohibit the purchase and use of …

Ahead of iPhone 15 launch, Apple copes with China challenge
1 year, 3 months ago

Ahead of iPhone 15 launch, Apple copes with China challenge

Hindustan Times  

Apple on Tuesday is expected to unveil a new iPhone 15 lineup as questions about market access in China and competition hang over the world's most valuable listed company. Apple will also have to grapple with competition from Huawei Technologies, which was its top rival in China's premium smartphone market until U.S. export controls ruined Huawei's phone business in 2019. …

Apple marks 30 years of innovation in China
1 year, 4 months ago

Apple marks 30 years of innovation in China

China Daily  

Consumers select products at an Apple store on Nanjing Road Walkway in Shanghai in December. WANG GANG/FOR CHINA DAILY Apple Inc will beef up cooperation with Chinese suppliers to help promote the intelligent transformation of manufacturing, as the US tech company celebrates its 30 years of community, education, and innovation in China. Isabel Ge Mahe, vice-president and managing director of …

Apple's ascent toward top rank coincides with an anticipated decade-low in Global Smartphone Shipments
1 year, 4 months ago

Apple's ascent toward top rank coincides with an anticipated decade-low in Global Smartphone Shipments

India TV News  

Global smartphone shipments are predicted to experience a significant decline in 2023, reaching a 6% drop to approximately 1.15 billion units, marking the lowest point in a decade. Preliminary data from Counterpoint Research reveals that regional challenges have led to intensifying declines across emerging markets, contributing to record-high smartphone replacement rates. Nonetheless, there is a noticeable trend of growth in …

Apple Supplier Foxconn Begins iPhone 15 Production in India
1 year, 4 months ago

Apple Supplier Foxconn Begins iPhone 15 Production in India

Deccan Chronicle  

Apple Inc.’s next-generation iPhone 15 is beginning production in Tamil Nadu, in an effort to further narrow the gap between its India operations and main manufacturing base in China. “Apple’s increased production in India will lead to more of its supply chain moving to the country,” said Shilpi Jain, a senior analyst at Counterpoint Research. Other Apple suppliers in India …

Apple achieves June quarter record in India with strong iPhone sales, says Tim Cook iPhone
1 year, 4 months ago

Apple achieves June quarter record in India with strong iPhone sales, says Tim Cook iPhone

India TV News  

Apple's CEO Tim Cook announced that the company achieved record-breaking June quarter results in India, driven by strong iPhone sales. Apple's local manufacturing also achieved record-breaking success, with iPhone exports reaching Rs 10,000 crore in May, contributing to total mobile shipments of Rs 12,000 crore that month. Luca Maestri, Apple's CFO, highlighted an all-time revenue record for iPhone in India …

iPhone sales slow down: Apple to see sharpest fall in revenue since 2016 as analysts stress on AI to boost growth
1 year, 4 months ago

iPhone sales slow down: Apple to see sharpest fall in revenue since 2016 as analysts stress on AI to boost growth

Live Mint  

Apple is expected to see decline in iPhone sales due to cautious consumer behaviour and anticipation of new model. Apple is expected to witness a decline in iPhone sales during the April-June quarter, attributed to cautious consumer behaviour in a slow economy as the launch of a new model is anticipated. {{^adFree}} {{/adFree}} Apple, the world's most valuable company, is …

China's Huawei poised to overcome U.S. ban with return of 5G phones: Report
1 year, 5 months ago

China's Huawei poised to overcome U.S. ban with return of 5G phones: Report

The Hindu  

China's Huawei Technologies is plotting a return to the 5G smartphone industry by the end of this year, according to research firms, signalling a comeback after a U.S. ban on equipment sales decimated its consumer electronics business. Huawei should be able to procure 5G chips domestically using its own advances in semiconductor design tools along with chipmaking from Semiconductor Manufacturing …

Apple opens store on China's WeChat platform
1 year, 5 months ago

Apple opens store on China's WeChat platform

The Hindu  

Tencent's WeChat said on Tuesday that iPhone maker Apple had opened a store on its social media platform, marking an expansion of the U.S. firm's retail channels in the world's second largest economy. The announcement by WeChat, China's dominant messaging app which also provides e-commerce, livestreaming, and payment services, said users would be able to buy Apple products including iPhones, …

Discover Related