MAJOR CHALLENGES FOR THE EAST ASIAN MANUFACTURERS
In last week’s issue, we looked at the wave of Chinese-branded smartphones entering global territories outside East Asia and how these devices compare to Apple’s offerings in their features and software. While there’s now a long list of Chinese smartphone purveyors, two brands that particularly stand out are Huawei and Xiaomi, which are now both vulnerable to the escalating trade war waged by the Trump administration against imports from the People’s Republic.
Fortunately for Huawei and Xiaomi, they have grown to such an extent – both as companies and in terms of smartphone market share – that they can afford to weather the storm of this trade conflict. However, this isn’t to say that their hard-earned edge in the global market isn’t under threat – and it leaves open the question of whether a Chinese smartphone would be such a good investment for the typical U.S. tech consumer after all.
In this week’s article, we’ll be looking closely at a wide range of subjects like these.
HOW HUAWEI AND XIAOMI ARE FARING IN THE GLOBAL MARKET
According to a recent report by research firm Gartner, global sales of Huawei phones saw a year-on-year increase of 16.5% during the second quarter, cementing the company’s position as the runner-up in this particular market, where it now chases only Samsung. Huawei’s share of the market was 15.8% during the quarter, while Samsung’s sat at 20.4%. Apple, meanwhile, was at 10.5%, its share has fallen by 13% compared to what the Cupertino company achieved in 2018’s corresponding quarter.
This story is from the September 06, 2019 edition of AppleMagazine.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the September 06, 2019 edition of AppleMagazine.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
CHINA'S CATL FORMS JOINT VENTURE WITH STELLANTIS TO BUILD ELECTRIC VEHICLE BATTERY FACTORY IN SPAIN
Chinese electric battery company CATL and automaker Stellantis will build a major battery factory in northern Spain, the partners announced this week.
TIKTOK ASKS FEDERAL APPEALS COURT TO BAR ENFORCEMENT OF POTENTIAL BAN UNTIL SUPREME COURT REVIEW
TikTok asked a federal appeals court on Monday to bar the Biden administration from enforcing a law that could lead to a ban on the popular platform until the Supreme Court reviews its challenge to the statute.
META SHAREHOLDERS SEEK SANCTIONS FOR SANDBERG, ZIENTS FOR DELETING CAMBRIDGE ANALYTICA EMAILS
2018 shareholder lawsuit that alleged Facebook officers and directors violated both the law and their fiduciary duties in failing for years to protect the privacy of user data.
BOEING LAYS OFF HUNDREDS IN WASHINGTON AND CALIFORNIA AS PART OF CUTS ANNOUNCED PREVIOUSLY
Boeing has laid off hundreds of additional employees in Washington state and California as part of planned cuts that will eventually reduce the company’s workforce by about 17,000.
NASA PUSHES BACK ASTRONAUT FLIGHTS TO THE MOON AGAIN
NASA announced more delays in sending astronauts back to the moon more than 50 years after Apollo.
BILLIONAIRE WHO PERFORMED THE FIRST PRIVATE SPACEWALK IS TRUMP'S PICK TO LEAD NASA
A tech billionaire who bought a series of spaceflights from Elon Musk’s SpaceX and conducted the first private spacewalk was nominated by President-elect Donald Trump to lead NASA.
FROM 'LOVE ACTUALLY' TO 'BLACK DOVES' WITH BEN WHISHAW, KEIRA KNIGHTLEY HAS YOUR CHRISTMAS COVERED
Keira Knightley starred in one of the most popular Christmas films of the 21st century, the 2003 romantic comedy “Love Actually.”
FORTNITE PLAYERS 'TRICKED' INTO UNWANTED PURCHASES ARE STARTING TO GET REFUNDS. HERE'S HOW TO APPLY
U.S. consumers who were “tricked” into purchases they didn’t want from Fortnite maker Epic Games are now starting to receive refund checks, the Federal Trade Commission said this week.
CHINA'S BAN ON KEY HIGH-TECH MATERIALS COULD HAVE BROAD IMPACT ON INDUSTRIES ECONOMY
China has banned exports of key materials used to make a wide range of products, including smartphones, electric vehicles, radar systems and CT scanners, swiping back at Washington after it expanded export controls to include dozens of Chinese companies that make equipment used to produce advanced computer chips.
'MOANA 2' CRUISES TO ANOTHER RECORD WEEKEND AND $600 MILLION GLOBALLY
The Walt Disney Co.’s animated film “Moana 2” remained at the top of the box office in its second weekend in theaters as it brought in another record haul.