Ndundi
New Lister
Apple shares fell 3% on Thursday, following a 4% decline on Wednesday, after several reports suggesting that Chinese government workers could be banned from using iPhones.
The reported restrictions, which have not been publicly announced by the Chinese government, raise concerns that Apple’s products could get caught up in international tensions between the U.S. and China.
New competition
Last week, several Chinese retailers started taking orders for a new Huawei phone, the Mate 60 Pro, which quickly became a hot topic on social media in the country.
The phone starts at 6,900 RMB, or about $954, and uses a Chinese-manufactured chip from Huawei’s chip subsidiary, HiSilicon. Early tests suggest the phone can access 5G speeds, although Huawei’s specification pages don’t mention that capability.
The reported restrictions, which have not been publicly announced by the Chinese government, raise concerns that Apple’s products could get caught up in international tensions between the U.S. and China.
New competition
Last week, several Chinese retailers started taking orders for a new Huawei phone, the Mate 60 Pro, which quickly became a hot topic on social media in the country.
The phone starts at 6,900 RMB, or about $954, and uses a Chinese-manufactured chip from Huawei’s chip subsidiary, HiSilicon. Early tests suggest the phone can access 5G speeds, although Huawei’s specification pages don’t mention that capability.
