This year, Apple’s reduced revenue forecast and whether the flagging Chinese economy will hamper other big electronics companies will vie for attendees’ attention. Chinese smartphone makers Vivo, Oppo, and Xiaomi Corp. were right behind Huawei, with Apple in fifth place for share of shipments. The arrest contributed to Apple’s brand damage in China, with some Chinese companies reportedly subsidizing employees to buy Huawei devices. The CTA said it has seen growth in the presence of large Chinese companies and the exhibit area for Chinese companies represents a similar amount of square footage space as last year, around 13 to 14 percent. The trade show also reflects the importance of 5G, or fifth-generation wireless technology, in the worsening trade war.
Source: Mint January 06, 2019 06:45 UTC