Covid restrictions hit production in China, and geopolitical tensions with the US have added to supply chain concerns. Recently the company has sought to increase production in India. Sales of its latest iPhone have not matched previous models, according to analysts who spoke to Bloomberg. They blamed sinking demand in China, and intensifying competition from rivals. The launch in August of Huawei’s sell-out Mate 60 Pro phone, which contained advanced Chinese-made chips, suggested rivals were catching up. Apple chief executive Tim Cook has made a surprise visit to China. Though in an upbeat mood as he met gamers in the city of Chengdu, the company faces flagging iPhone demand in the country. Is America realizing its mistake ?
Previous Article
Ronaldo could be sentenced in IranNext Article
LinkedIn Job Cuts