China iPhone demand may kick-start smartphone market recovery

Market research suggests that China's smartphone market recovery began in January 2023, with iPhone sales up 6% year-over-year — although other sources are less confident.

William Gallagher 3 years ago 0

Apple's India production dream hindered by low yields and a lack of urgency

Apple's push to shift production away from China and into India is a tougher challenge than first thought, with yield issues and a lower sense of urgency reportedly holding back the project.

Malcolm Owen 3 years ago 8

iPhone 14 discounts in China might not be a bad sign

Apple's iPhone 14 lineup has recently started selling at discounts of over $100 in China, and while some are taking it as a sign of flagging demand, that doesn't seem likely.

Andrew Orr 3 years ago 5

Tim Cook: iPhone manufacturing shortfall main reason for earnings miss

After Apple's warning in November about COVID issues, CEO Tim Cook still mainly blames manufacturing problems in China for why Apple sold "significantly less" of the iPhone 14 range than expected.

William Gallagher 3 years ago 8

Apple starts making AirPods components in India

Apple has taken another step closer to moving AirPods production out of China, with suppliers in India now producing components.

William Gallagher 3 years ago 1

Apple extends Chinese censorship to Hong Kong users

Hong Kong Apple users claim Safari briefly blocked global code site GitLab, seemingly because it's blacklisted by Chinese-owned Tencent.

William Gallagher 3 years ago 17

Apple shooting for 25% production in India, says trade minister

India's trade minister claims that Apple is intending to raise its local manufacturing to 25% from its current 5% to 7%, although he did not give any timescale.

William Gallagher 3 years ago 1

Apple may never be able to quit manufacturing in China

A new report says Apple has trying to move operations away from China for a decade, and if it can ever accomplish it, the move will take another 20 years.

William Gallagher 3 years ago 17

Apple's India iPhone plan will hit China manufacturers hard

Apple's radical Indian iPhone production expansion will take years to hit 50% of global demand, but component suppliers in China are already seeing the impact.

William Gallagher 3 years ago 4

Tim Cook shares video to mark Chinese New Year on social media

As China celebrates its New Year, Apple CEO Tim Cook shared a post on Weibo with a short film about a young man and his love for opera.

Andrew Orr 3 years ago 1

Apple loses market share in China as iPhone shipment decline peaks

November was the worst month for iPhone shipment declines due to ongoing supply issues, but December showed signs of improvement, according to J.P. Morgan.

Wesley Hilliard 3 years ago 5

Samsung profits plummet 69% on falling demand for processors

Samsung has reported an eight-year low for its operating profit in its Q4 earnings results, dropping to $3.4 billion from $10.9 billion in the same period a year before.

William Gallagher 3 years ago 4

Apple dips below $2T market cap as investors fear further supply chain issues

Apple has started 2023 with a reduced market capitalization that's dropped below $2 trillion, a stark change from hitting $3 trillion exactly one year before.

Malcolm Owen 3 years ago 6

Weak demand for MacBook, Apple Watch, AirPods may have caused order cuts

Sources in China say Apple has reduced its orders from suppliers for almost all of its products, and the news has seen AAPL shares drop.

William Gallagher 3 years ago 29

Foxconn's iPhone 14 Pro factory gets closer to expected output levels

Production at Foxconn's troubled Zhengzhou facility is now up to 90% of peak capacity, a level that should help Apple catch up on its iPhone 14 Pro model backlog.

Malcolm Owen 3 years ago 0

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