Tag: Smartphones

Apple’s Stock Falls on Reports of a Chinese Government iPhone Ban

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Apple’s China conundrum Shares in Apple, the world’s most valuable public company, suffered their biggest single-day fall in a month on Wednesday following a report that China would extend a ban on iPhones for government workers. Any hint that the company’s business in China is under threat would understandably give investors a fright, and its shares are down another 3 percent in premarket trading Thursday morning. But the ripples will be felt more broadly: If one of the most successful operators in the world’s second-largest economy is at risk, can…

Apple shares fall after China reportedly bans iPhone use by government officials

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Apple stocks fell after China reportedly banned officials at central government agencies from using or bringing iPhones and other foreign-branded devices into the office. In recent weeks, Chinese officials were given the instructions by their superiors in workplace chat groups or meetings, the Wall Street Journal reported, adding that it wasn’t clear how widely the orders were being distributed. The report weighed heavily on Wall Street stock indexes, with Apple shares falling 3.6%. China is one of Apple’s biggest markets and generates nearly a fifth of its revenue. Several analysts…

Huawei Phone Is Latest Shot Fired in the U.S.-China Tech War

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In the midst of the U.S. commerce secretary’s good will tour to China last week, Huawei, the telecom giant that faces stiff U.S. trade restrictions, unveiled a smartphone that illustrated just how hard it has been for the United States to clamp down on China’s tech prowess. The new phone is powered by a chip that appears to be the most advanced version of China’s homegrown technology to date — a kind of achievement that the United States has been trying to prevent China from reaching. The timing of its…

China Proposes ‘Minor Mode’ to Limit Kids’ Smartphone Use

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A few years ago, China cracked down on video games. Then, it imposed limits on livestreaming by children. Now China wants them to spend less time on their smartphones. The country’s internet regulator this week proposed regulations that if adopted as written would require smartphones, apps and app stores to build a “minor mode” into their products. The aim is to restrict how long children can spend on their phones and what content they can read or watch. The proposal, which is open for public comment, would expand the Chinese…

Chinese plans to limit smartphone use for children hit tech shares

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Shares in Chinese technology firms have fallen after the country’s online regulator announced plans recommending smartphone use for children be limited to a maximum of two hours a day. The rules proposed by the Cyberspace Administration of China (CAC) will require device makers, operating systems, apps and app stores to introduce a so-called “minor-mode” capping time spent on screens, increasing the pressure on local tech companies already grappling with tight government controls. The proposals, which are still subject to public feedback, would limit users aged 16-18 to two hours usage…

Plans in Congress on China and TikTok Face Hurdles After Spy Balloon Furor

Chin@Strategy

WASHINGTON — Republicans and Democrats are pressing for major legislation to counter rising threats from China, but mere weeks into the new Congress, a bipartisan consensus is at risk of dissipating amid disputes about what steps to take and a desire among many Republicans to wield the issue as a weapon against President Biden. In the House and Senate, leading lawmakers in both parties have managed in an otherwise bitterly divided Congress to stay unified about the need to confront the dangers posed by China’s militarization, its deepening ties with…

TechScape: What’s really behind Apple’s shift from China

Chin@Strategy

This week, the first iPhone 14s rolled off Apple’s newest production line in Chennai, India. I understand why that doesn’t seem like huge news. The company has been assembling phones in India for some time, all of which serve the large domestic market. But it’s an important milestone, marking the first time Apple has produced a new iPhone outside of China in the same year it was released. It is also an important step in one of Apple’s most sensitive projects: to decouple its fortunes from those of Sino-American relations.…

Apple shifts some iPhone 14 production from China to India

Chin@Strategy

Apple has begun making iPhone 14s in India, as it moves some production away from China for the first time against a backdrop of Chinese Covid-19 pandemic lockdowns and geopolitical tensions between the US and the country’s communist government. A production line in Chennai has begun operation, assembling the iPhone 14 for the domestic Indian market. The move, which marks the first time the company has assembled iPhones outside of China in the same year they were released, is part of a plan to disentangle its manufacturing operations from the…

Tech Companies Slowly Shift Production Away From China

Chin@Strategy

In the coming weeks, Apple and Google will unveil their latest generation of smartphones, jockeying to distinguish the new devices from previous models. But one of the most significant changes will go largely unnoticed by consumers: Some of these phones will not be made in China. A very small portion of Apple’s latest iPhones will be made in India, and part of Google’s newest Pixel phone production will be done in Vietnam, people familiar with their plans said. The shift is a response to growing concerns about the geopolitical tensions…