Chinese Sales Of Foreign Phone Makers, Including Apple, Drop 9.7% In May
Sales of foreign-branded mobile phones in China, including those of Apple Inc, fell 9.7% year-on-year in May, according to data released by a government-affiliated research company on Friday.
Calculations based on the data from the China Academy of Information and Communications Technology (CAICT) showed that May shipments of foreign-branded phones in China fell to 4.54 million handsets from the same month last year.
As the largest foreign mobile phone maker in China's smartphone-dominated market, Apple's performance plays a significant role in the overall data on foreign-branded phone sales in the country.
Apple has faced increased competition from domestic rivals and has cut prices to stay competitive. Chinese e-commerce platforms offered discounts of up to 2,530 yuan ($351) on Apple's latest iPhone 16 models in May.
The CAICT data did not give specific figures for Apple.
Shipments of phones within China were down 21.8% year-on-year to 23.72 million handsets for the month, the data showed.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
India.com
an hour ago
- India.com
China tightening grip on Chicken's Neck using Trishul Niti with Nepal, Bhutan, and Bangladesh; North-East India will..., Beijing will...
New Delhi: By helping Pakistan during Operation Sindoor, China has made it clear how dangerous its intentions can be regarding India. China is continuously expanding its feet in the Indian subcontinent without any hindrance, due to which the pressure on India's Chicken's Neck, which is called Siliguri Corridor, is continuously increasing. What is the Chicken's Neck Corridor? The Chicken's Neck Corridor connects India to North-East India and this corridor is only 22 kilometers wide. China is continuously tightening its grip on it. New reports have claimed that China's activities from Eastern Nepal, Southern Bhutan and North-West Bangladesh are tightening its grip on the Chicken Neck Corridor from three sides. That is, an attempt is being made to endanger the integrity of India. What is China doing at Chicken's Neck Corridor? In a report by Swarajya, Major General (Retired) Avinash Prakash, an expert on defence and strategic affairs, said, 'When India put up strong resistance to the Chinese troops in the Doklam plateau and forced them to retreat, China started looking for other ways to establish its strong presence near the Chicken's Neck Corridor. Bangladesh and Nepal have now given China such opportunities and China is trying to make strategic investments in Bhutan and taking advantage of it, it is planning to establish its strong strategic presence on the Chicken's Neck Corridor.' What is China's deal with Nepal? China is planning to build a 'China-Nepal Friendship Industrial Park' at a cost of one million US dollars in Damak in Nepal's easternmost Jhapa district. Damak is less than 55 kilometers from the India-Nepal border, which forms the western alignment of the Chicken Neck Corridor. This park is the favourite project of Nepal's Prime Minister Khadga Prasad Sharma Oli i.e. KP Oli, who is considered to be the representative of China. Jhapa is Oli's home district and he has included this industrial park project in the list of BRI (Belt and Road Initiative) projects in Nepal. This park is spread over 1,422 hectares. Experts believe that this park can not only be used as a surveillance and logistics hub, but can also become a new safe route for Pakistan-backed terrorists. What is Bhutan's Gelephu Mindfulness City? Gelephu Mindfulness City (GMC) is a futuristic project, the brainchild of its current king Jigme Khesar Namgyel Wangchuck. Spread over 1,000 square kilometres, the GMC is coming up right next to the India-Bhutan border with Assam. Though India is also a partner in Bhutan's project, China is also planning to invest in the GMC, which will be run as a Special Administrative Region (SAR). 'Bhutan is a very close friend of ours and we are partners in this project. But we have to keep a close watch on what China does in the GMC. The Chinese are planning huge investments, and like all Chinese projects, we suspect that the investment in the GMC will also be opaque. So we have to be constantly vigilant,' said a senior IB official. Why is Bangladesh's Lalmonirhat Air Base crucial? The interim government of Bangladesh is taking help from China to revive the Lalmonirhat airbase which has become a matter of serious strategic concern for India. This airbase is located just 20 kilometers from the India-Bangladesh border and is very close to the Chicken's Neck Corridor, which is considered a lifeline for India. India has strongly opposed the possible participation of China and Pakistan. It is reported that the Bangladesh Army has also objected to this decision of the government and said that no outside country will be included in this project. But the Chief Advisor of the Interim Government, Mohammad Yunus, wants to include China in this project at all costs. Experts say that if Lalmonirhat is activated and China has a role in it, then the way will be clear for China to monitor Indian military activities, due to which India's connectivity with the northeastern states may be in trouble. This has become a big challenge for India. What is India's position? Even though India has made Nepal, Bhutan and Bangladesh aware of its concerns about the Chinese project through its diplomatic channels, the changing political equations in these countries and China's economic penetration are not able to reduce India's concerns. China's clear objective is to put the North East in danger in any way and to make full preparations to surround India. Experts believe that India has counter strategies and resources, but the pressure from these three sides will mean that India will now have to increase its surveillance, military preparations and strategic investments by three times. This 'Trishul Niti' tightening the noose around the Chicken Neck may force India to rethink its geo-political priorities in the coming years.
Mint
2 hours ago
- Mint
Nvidia stock is on a tear. This ‘next big thing' can drive more gains.
Nvidia stock has been a gift that keeps on giving for investors in recent years—and robots are the sort of underrated attraction that could keep the rally going. The shares rose 1.3% Thursday, giving the company a market capitalization of $3.89 trillion—just short of the record $3.195 trillion market cap reached by Apple on Dec.26, 2024. The stock's rise will be on pause at least until Monday as U.S. markets are closed Friday for the Fourth of July holiday. CEO Jensen Huang has frequently touted robots as the next big thing, and last month the company unveiled a new humanoid bot called AEON, which it built in collaboration with Swedish industrial tech company Hexagon. It isn't just something for science fiction fans—shareholders should take a look at robots, too. Huang said at a conference in Paris last month that humanoid robotics would 'potentially be one of the largest industries ever." Analysts polled by FactSet are expecting annual revenue for Nvidia's automotive and robotics division, which also includes self-driving cars, to jump to $7.55 billion by the start of the 2030s, up from $1.70 billion last fiscal year. They'll likely start raising those forecasts if it starts looking like Huang's bullish prediction will come true. There were some signs earlier this year that the rally could peter out, with Huang warning about the U.S. government's 'deeply painful" curbs on semiconductor exports to China, but shares have rebounded since the market got over the worst of its tariff fears. They're now up 19% in 2025, which has helped Nvidia reclaim the title of the world's most valuable company and put it on the brink of a $4 trillion market capitalization. History suggests the stock will now take a breather: It rises just 4% on average over the third quarter, according to Dow Jones Market Data. The good news for shareholders is that the final three months of the year have tended to be Nvidia's best period, with it rising 23% on average. The stock is sitting pretty anyway, but a major breakthrough in robotics could make the outlook even better. Write to George Glover at
Indian Express
2 hours ago
- Indian Express
iPhone 17 Pro Max to feature the biggest battery ever? Fresh leak hints at major upgrades
The iPhone 17 Pro Max is without a doubt the most awaited smartphone right now. While several smartphone brands are leaning towards slimmer phones, Apple seems to be going the opposite way. A user named Instant Digital on the Chinese microblogging site Weibo has revealed some details about Apple's upcoming flagship device. Based on the latest leak, the iPhone 17 Pro Max could sport a 5,000mAh battery, which is bigger than the one on the iPhone 16 Pro Max, making it the biggest ever battery on an iPhone. This means Apple could opt for a bulky design for its top-of-the-line phone, prioritising what the users want the most – extended battery life. The iPhone 17 Pro Max is likely to have a thickness of 8.725 mm, up from 8.25 mm on the iPhone 16 Pro Max. Although the size difference may seem minute, the increased thickness might allow Apple to pack in a much bigger battery. Reportedly, the new device will also offer battery life of up to 35 hours. This can also be attributed to the A19 Pro chip's efficiency gains, which means that the iPhone 17 Pro could last longer than the current Pro Max model. The iPhone 17 Pro is anticipated to have the same size as its predecessors, which means the upcoming phone may have the same battery capacity as the current gen model. Moreover, the iPhone 17 Pro and iPhone 17 Pro Max are likely to have 6.3-inch and 6.9-inch OLED panels, which is the same size as their predecessors. Regarding the Pro models, Apple may be considering switching from titanium to aluminium in order to increase durability. According to reports, the iPhone 17 Pro and iPhone 17 Pro Max would include a horizontally aligned camera island that spans the width of the phone. It is anticipated that other models in the series will also adopt the redesigned camera island.
