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Apple Faces Rising Competition In China As Rivals Gain Ground
Monday, November 20, 2023 - 11:46am | 495Smartphone maker Apple Inc (NASDAQ: AAPL) considers China its second-largest revenue market where there is heightened competition. What Happened: The smartphone market, which saw a significant 11% decline in global shipments throughout 2022, is showing signs of recovery. In 2023, this decline...
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Apple CEO Tim Cook Is Still 'Optimistic' While Apple Struggles In China Amid Huawei's Rise
Friday, November 3, 2023 - 6:02am | 681Amidst a bleak revenue outlook for the holiday quarter, Apple Inc. (NASDAQ:AAPL) has been facing intensifying challenges in its China operations. The tech giant’s revenue in the Greater China region has plummeted to its lowest since mid-2022, leading to a more than 3% drop in...
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Palantir Co-Founder Joe Lonsdale Thinks Apple Should Pull Out iPhone Supply Chain From China
Thursday, November 2, 2023 - 6:10am | 659Joe Lonsdale, founding partner at 8VC and co-founder of Palantir Technologies Inc. (NYSE:PLTR), has recommended Tim Cook-led Apple Inc. (NASDAQ:AAPL) to consider relocating its iPhone supply chain from China. What Happened: During an...
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Apple Faces Headwinds In China: iPhone Sales Down As Huawei Thrives
Monday, October 30, 2023 - 4:06am | 729Apple Inc. (NASDAQ:AAPL) has been witnessing a slump in sales of its latest iPhone series in China, a critical overseas market, as local competitor Huawei Technologies Co. stages a comeback. What Happened: As per a Bloomberg report, GfK and IDC research data show a fall of...
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Huawei's Smartphone Resurgence Puts Pressure on Apple in Chinese Market
Friday, October 27, 2023 - 12:30pm | 625In a remarkable turnaround, Apple Inc's (NASDAQ: AAPL), once arch nemesis Huawei Technologies surged ahead in the smartphone market in China. The company's recent release of a smartphone equipped with a cutting-edge chip has been a game-changer, pushing it...
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Team Xi Jinping Willing To Provide Apple 'More Opportunities' As Battle With Homegrown Huawei Heats Up
Friday, October 20, 2023 - 10:16pm | 577iPhone 15 sales in China reportedly witnessed a 4.5% decline in the first 17 days compared to its predecessor. However, the country's vice premier, Ding Duexiang, has expressed China’s willingness to provide Apple Inc. (NASDAQ:AAPL) with "more opportunities" as...
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Tech Giants Like Baidu, Huawei and Alibaba Are Setting Standards For China's Autonomous Driving Future
Wednesday, October 11, 2023 - 8:16am | 428Huawei Technologies, Baidu Inc's (NASDAQ: BIDU) auto driving unit, and Alibaba Group Holding Limited's (NYSE: BABA) mapping service are collaborating to establish technology standards for autonomous driving on China's highways. This initiative is part of the...
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Apple Rival Huawei Doubles Smartphone Sales As US Restrictions Prepare to Kick In
Tuesday, October 10, 2023 - 7:54am | 507Huawei Technologies Co is strategizing to double its smartphone sales in 2024, aiming to ship 60 to 70 million units, despite the looming threat of intensified U.S. restrictions. The Apple Inc (NASDAQ: AAPL) rival has been amassing a stockpile of essential components...
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China's Ambitious Chip Fund Faces Headwinds Amid Economic Challenges and US Restrictions
Wednesday, September 27, 2023 - 7:39am | 595China's latest effort to bolster its semiconductor industry faces challenges in its initial stages, struggling to meet its RMB300 billion ($41 billion) target, with economic hardships cited as the primary reason. This funding round, the most ambitious by China, comes after...
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Huawei's HiSilicon Bypasses Export Controls, Posing Competition to Apple and Nvidia with Surveillance Chip Shipments
Wednesday, September 20, 2023 - 7:12am | 521In a notable development, a unit of Huawei Technologies Co, Ltd has begun shipping surveillance camera chips, signaling the company's ability to navigate around four years of stringent U.S. export controls. These shipments from Huawei's HiSilicon chip design unit...
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Apple's Soaring Demand in China: iPhone 15 Causes Website Crash and Sells Out in Under a Minute!
Tuesday, September 19, 2023 - 1:25pm | 569Chinese consumers have enthusiastically embraced Apple Inc's (NASDAQ: AAPL) latest iPhone 15 series, defying earlier concerns about increased competition from Huawei Technologies Co, Ltd and a partial government ban on the company's products. The response was...
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Apple Faces Growing Threat from Resurgent Huawei Amid Semiconductor Breakthrough
Tuesday, September 19, 2023 - 8:30am | 513Apple Inc (NASDAQ: AAPL) is encountering several challenges in China, with geopolitical tensions and economic uncertainties. However, analysts believe the most significant threat may come from a resurgent Huawei Technologies Co, Ltd, thanks to a major semiconductor breakthrough that...
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Huawei's Re-emergence Is Not A Threat To Apple's Strong Ecosystem
Wednesday, September 13, 2023 - 8:13am | 558Apple Inc (NASDAQ: AAPL) iPhone's Chinese rival Huawei Technologies Co, Ltd continues to hit the headlines, this time by reaching a global patent cross-licensing deal with Chinese smartphone company Xiaomi Corp (OTC: XIACF) (OTC: XIACY). The deal covers...
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China's Bold $40B Chip Investment Challenges Nvidia, Signals Resilience Against US Embargo
Tuesday, September 5, 2023 - 10:13am | 517China's $40 billion state fund to boost the chip industry is a massive shoutout regarding the country's plans not to yield to the U.S. semiconductor embargo that barred the country from acquiring Nvidia Corp (NASDAQ: NVDA) and Advanced Micro Devices, Inc's...
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Whose 'Vision Pro' Is It Anyway? Apple Hits A Trademark Barrier For AR/VR Headset In China
Tuesday, June 13, 2023 - 3:20am | 585Apple Inc. (NASDAQ:AAPL) has landed itself in a trademark battle over the name “Vision Pro” in China, raising questions about the fate of its first-generation mixed-reality headset. What Happened: Apple has been embroiled in a trademark dispute over the name “Vision Pro...