apple in china

Apple’s China challenge deepens as foreign phone sales slump

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Apple’s China challenge deepens as foreign phone sales slump

Shipments to China of foreign-branded smartphones, including Apple Inc’s iPhone, fell by 47.4% in November from a year earlier, according to data released on Friday from a government-affiliated research firm. Calculations based on the data from the China Academy of Information and Communications Technology (CAICT) showed that foreign brand shipments decreased to 3.04 million units … Read more

Tim Cook’s love for China helps Xi fight fears of economic slump

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Tim Cook’s love for China helps Xi fight fears of economic slump

China’s efforts to counter the downbeat narrative about a structural slowdown in the world’s second-biggest economy got a boost from enthusiastic endorsements from chief executives of top global companies. Days after he opened an expansive new retail store in Shanghai and pledged a fresh investment in applied research in the country, Apple Inc. Chief Executive … Read more