iPhone Tag

27 Mar Apple’s iPhone shipments slumped in February, highlighting why CEO Tim Cook went on a charm offensive in China

Posted at 13:00h in Asia

Apple’s iPhone shipments in China fell by about one third in February from a year ago, according to official state data released Tuesday, a sign that the US tech giant is losing ground to Chinese smartphone brands in the world’s second-largest economy.Apple chief executive Tim...

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27 Mar Apple set to unveil AI strategy at June 10 worldwide developers conference

Posted at 01:59h in Asia

The iPhone maker announced the timing on Tuesday, saying the event will run through June 14. Though Apple did not say what it plans to unveil – in usual fashion – people familiar with the matter have said that the presentation will focus heavily on...

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21 Mar Apple CEO Tim Cook meets BYD, other key mainland suppliers in Shanghai as US tech giant opens 57th China store

Posted at 13:00h in Asia

At Apple’s office in Shanghai, Cook on Wednesday met two billionaire company founders: Wang Chuanfu, the chairman and chief executive of the world’s largest electric vehicle maker BYD, and Zhou Qunfei, the chairwoman and chief executive of touch screen manufacturer Lens Technology.Also present at the...

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20 Mar Apple CEO Tim Cook goes on a charm offensive in China amid weak iPhone sales in the world’s largest smartphone market

Posted at 14:00h in Asia

Apple chief executive Tim Cook on Wednesday met Chinese video game developers, a filmmaker and the billionaire founder of BYD in Shanghai, ahead of the company’s new store opening in the city, as the US tech giant goes on a charm offensive amid weak iPhone...

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14 Mar Foxconn expects big revenue jump in 2024 after slow start to the year amid booming AI demand

Posted at 08:09h in Asia

Apple supplier Foxconn said on Thursday it expects revenue to increase significantly in 2024 following a slow start to the year amid booming demand for AI servers, after it posted fourth-quarter profit that beat market estimates.The outlook has turned rosier since Foxconn chairman Young Liu...

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12 Mar Apple to expand applied research labs in Shanghai and Shenzhen as iPhone sales weaken in world’s largest smartphone market

Posted at 11:30h in Asia

Apple is enlarging its applied research operations in mainland China, as the US technology giant’s iPhone sales slow in the world’s largest smartphone market amid increased competition from Huawei Technologies and other major domestic handset vendors.Cupertino, California-based Apple plans to expand its research centre in...

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11 Mar Apple supplier Luxshare Precision tries to shake off contract manufacturer tag and become a solutions provider

Posted at 11:00h in Asia

Luxshare Precision Industry, a key Apple supplier, is repositioning itself as a solutions provider instead of a contract manufacturer for big brands, according to its chairwoman.Wang Laichun, the 57-year-old low profile founder and chairwoman of Luxshare, said in an interview on the sidelines of China’s...

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06 Mar Apple’s China sales plunge by a quarter in first 6 weeks as resurgent Huawei steals the show, according to Counterpoint

Posted at 01:00h in Asia

Apple’s iPhone sales in China fell by nearly a quarter in the first six weeks of 2024 year on year, in the latest sign that the US smartphone giant is losing more ground in the country to a resurgent Huawei Technologies, according to data from...

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21 Feb China’s foldable smartphone shipments more than double in 2023, as Huawei continues to lead the growing handset segment

Posted at 11:30h in Asia

Foldable phone shipments in mainland China more than doubled last year in spite of overall weakness in the world’s largest smartphone market, with Huawei Technologies remaining the country’s top vendor in this growing handset segment.Mainland shipments of foldable smartphones reached 7.01 million units last year,...

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02 Feb Apple’s China sales fall 13% in December quarter amid weak iPhone demand, increased competition from Huawei

Posted at 11:29h in Asia

Apple reported a nearly 13 per cent drop in revenue from its Greater China region in the December quarter, a setback that chief executive Tim Cook shrugged off amid the US tech giant’s overall global growth and its steadfast confidence in the...

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