Apple’s China business faces another blow from Trump’s Huawei ban - News Summed Up

Apple’s China business faces another blow from Trump’s Huawei ban


Trump’s latest move has already prompted dire threats from China, with the country’s ambassador to the European Union warning of retaliation on Monday. Dan Ives, an analyst at Wedbush Securities, said 3 per cent to 5 per cent of iPhone sales in China may disappear over the next 12 to 18 months because of the U.S. ban on Huawei. In late April, before Trump’s Huawei ban, Apple reported slightly better iPhone sales in China. Trump’s ban means future Huawei handsets sold outside China will have to run without Google’s Android operating system and crucial services like the Play app store. Beside Google, Huawei is also losing access to key components from U.S. chip makers including Qualcomm Inc. and Intel Corp.


Source: thestar May 22, 2019 15:33 UTC



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