Apple China

iPhone Purchase Intent in China at 6-Year High: Analyst

According to a recent survey from investment firm UBS, purchase intent for Apple's iPhone is at a six-year high in China following a year-over-year increase of nearly 6% (via Seeking Alpha). UBS Analyst David Vogt said the survey results indicate that "the iPhone 13 series is driving share gains from local brands." The analyst currently has...

Apple Urges Suppliers to Expand Beyond China to Diversify Production

Apple is urging its contract manufacturers to expand production outside China as the company looks to reduce its dependence on the country following COVID-19 lockdowns and supply chain headwinds — reports The Wall Street Journal. The Cupertino, California-based tech giant is eyeing India and Vietnam — both of which currently make small contributions to Apple's...

Foxconn Pauses Hiring at its Largest Factory in China Due to COVID-19

Apple supplier Foxconn has stopped hiring assembly line workers for its manufacturing facility in Zhengzhou, China, as the local government on Wednesday imposed a seven-day lockdown across the city to curb its latest COVID-19 outbreak — reports the South China Morning Post. The city recorded four new COVID-19 cases and 10 new asymptomatic carriers of...

Apple Explores New Memory Chip Sources Including Those from China

According to a new Bloomberg report, Apple has started exploring new sources of memory chips for its iPhones, including its first Chinese supplier of the critical component. Following a recent supply disruption at a key Japanese partner, Apple is now keen to diversify its network and offset the risk of further incidents. The company is considering...

Apple Maintains Top Spot for Phone Sales in China with 23.6% Market Share

After outperforming all other phone makers in October, Apple has once again secured the no.1 spot for phone sales in China for November, thanks to the success of the iPhone 13 series (via The Wall Street Journal). According to market research firm Counterpoint Research, Apple’s market share in China grew 15.5% from a month earlier to 23.6%...

Apple Reduces its Product Prices in China by Almost 6%

Amid declining sales in China leading to lower-than-expected revenue in the fourth quarter of 2018, Apple has announced a price cut on most of its products in China, including the iPhones, iPads, Macs, and AirPods. As noted by CNBC, prices on the official Chinese online Apple store have been reduced by nearly 6%. Although Apple reduced...

Apple to Open Two New Research Centres in China

Apple is looking to establish a couple more research centers in China as demand for the iPhone continues to face stiff competition from local tech companies. Apple plans to invest CNY3.5 billion ($677 million CAD) in research and development in China and set up additional research hubs in Shanghai and Suzhou, after already committing to build facilities in...

Apple Losing Ground to Local Phone Makers in China: IDC

While Apple did repeatedly attempt to save its faltering sales in China, the company hasn’t been able to turn things around in the country. According to data from a latest IDC report, Apple was pipped by local phone manufacturers Oppo, Huawei and Vivo, thus, causing its shipments to decline by 23.2 percent the past year. Oppo...

Apple to Build a $45 Million Research Center in China

Apple is set to build its first research center in China, a $45 million facility that will be located in the country’s capital and will work on hardware development, The Wall Street Journal is reporting. According to the site’s landlord, who revealed some of the very first details of the project, the new center will focus...