Thursday, March 28TRUSTED FEARLESS INTERNATIONAL & NATIONAL NEWS PORTAL

Tag: huawei

Politics

Has China lost its taste for the iPhone? – Times of India

For years, Apple dominated the market for high-end smartphones in China. No other company made a device that could compete with the iPhone's performance - or its position as a status object in the eyes of wealthy, cosmopolitan shoppers. But evidence is mounting that, for many in China, the iPhone no longer holds the appeal it used to. During the first six weeks of the year, historically a peak season for Chinese shoppers to spring for a new phone, iPhone sales fell 24% from a year earlier, according to Counterpoint Research, which analyses the smartphone market.Meanwhile, sales for one of Apple's longstanding Chinese rivals, Huawei, surged 64%. It's a challenging time for Apple. This month, Apple has taken two regulatory hits: a European Union fine of nearly $2 billion for anticompetiti...