Tom Forte, DA Davidson managing director and senior research analyst, joins CNBC’s “Squawk on the Street” to discuss the most important…
Tag: China
Apple iPhone sales rise, resiliently bolstering results amid shaky economy
Apple once again beat analysts’ consensus expectations on Thursday, showing off the world’s most valuable company’s resilience in a…
Apple is a Chinese company. Will China really allow Apple to slink away?
What will happen with Apple currently attempting to diversify production and assembly out of CCP-controlled China …
Apple MacBook assembler to set up $120 million plant in Vietnam
Quanta Computer, a Taiwanese contract manufacturer that makes MacBooks for Apple, will build a $120 million plant in Vietnam’s…
Apple earnings: Analyst expects strong showing on steady iPhone demand
Wedbush analyst Daniel Ives expects Apple to report strong iPhone revenue when it issues its second-quarter earnings report on Thursday…
Apple Retail Store MixC Shenzhen opens April 28th in China
Apple today previewed Apple MixC Shenzhen, the second store in thet city. The new store will serve as an accessible and inclusive space for…
India IT minister sees Apple nearly tripling investment, exports in coming years
Apple could double or triple investments in India, along with exports, over the next few years, a minister said, as the company opened…
First U.S. state approves bill to ban TikTok with $10,000 fine per violation
Montana lawmakers on Friday approved a bill to ban TikTok, the first U.S. state to do so. The Montana House voted 54-43 to send the bill to…
In latest move away from China, Apple in talks to move MacBook assembly to Thailand
In its latest move to distance itself from China, Apple is in talks with assemblers about moving MacBook assembly to Thailand…
Apple now makes almost 7% of its iPhones in India in effort to reduce its reliance on China
Apple assembled more than $7 billion of iPhones in India last fiscal year, tripling production in the world’s fastest-growing smartphone…
China’s Baidu sues Apple over fake ‘Ernie’ bot apps
Chinese search engine Baidu has filed lawsuits against Apple and “relevant” app developers over fake copies of its “Ernie” bot app available…
Beleaguered Apple supplier Japan Display teams up with China’s HKC in latest turnaround bid
Japan Display will team up with China’s HKC on next-generation display technology it said on Monday, as the beleaguered Apple supplier…
Inside Apple’s belated attempt to free itself from China
Tim Cook spearheaded Apple’s move to make products “Designed in California,” but “Assembled in China.” It worked marvelously well, until…
Tim Cook touts Apple’s ‘symbiotic relationship’ with China
As tensions between Beijing and Washington continue to rise, Tim Cook touted Apple’s “symbiotic relationship” with CCP-controlled China …
Apple CEO Tim Cook meets with China’s commerce minister
Apple CEO Tim Cook met with China’s minister of commerce, Wang Wentao, to discuss China’s reopening and broader supply chain…
Apple CEO Tim Cook praises China’s innovation, long history with the company during Beijing visit
Apple CEO Tim Cook on Saturday used his first public remarks on his visit to China to praise the country for its rapid innovation and its…
Amid tensions, Apple CEO Tim Cook one of few American execs expected to attend China investment conference
Apple CEO Tim Cook is attending a Chinese business forum in Beijing, China this weekend, one of the few American business leaders slated…
Apple Watch Series 7, 8, and Ultra models power growth in China smartwatch market
Huawei and Apple dominated the China smartwatch market in 2022, with their combined share rising to almost 50%. Only OPPO…
Apple assembler Pegatron in talks to open second factory in India
Pegatron, a major Taiwanese Apple assembler is in talks to open a second factory in India, as Apple partners continue to diversify…
Apple pushes India to relax labor laws in push to diversify beyond China
Apple is pushing for changes in India’s labor laws as part of its effort to expand production in the country. India’s regional governments…
Apple assembler Foxconn wins AirPod order, plans $200 million factory in India
Taiwan-based contract manufacturer Foxconn has won an order to assemble AirPods for Apple and plans to build a $200 million factory complex…
India being put to the test by Apple and many others as China manufacturing alternative
India’s dream of becoming the “new factory of the world” to rival U.S. geopolitical rival China won’t be without growing pains, as…
Apple supplier Goertek says VP exiting just days after he sounded alarm on communist China supply chain exodus
One of Apple’s largest acoustic products suppliers, Goertek, on Wednesday said its vice-president Kazuyoshi Yoshinaga is leaving the company…
Wedbush ups Apple target price to $190 on ‘clear demand rebound’ in iPhones sales in China
Demand for Apple iPhones is clearly rebounding in China after the CCP’s quixotic, failed “Zero COVID” response lockdowns have finally been…
Better late than never: Apple suppliers race to exit China
Apple suppliers are likely to move capacity out of China far faster than many observers anticipate to pre-empt fallout from…
Foxconn chairman to visit ‘iPhone City’ plant disrupted by CCP COVID restrictions late last year in China
Foxconn’s “iPhone City” campus was hit late last year by the CCP’s “zero COVID” lockdowns and restrictions that prompted thousands…
Foxconn secures 111-acre site in Vietnam as Apple assembler continues to diversify production away from China
Foxconn, formally known as Hon Hai Precision Industry, has signed a lease with Saigon-Bac Giang Industrial Park Corp in…
What would Joseph Schumpeter have thought of Apple?
Joseph Schumpeter was an Austrian-born political economist. He served briefly as Finance Minister of German-Austria in 1919…
Apple’s belated effort to diversify away from China into India hits stumbling blocks
Apple is hitting stumbling blocks in its effort to increase production in India, as it faces pressure to cut its over reliance on China…
How Apple plans to diversify its supply chain away from China
In recent years, there has been a growing concern among supply chain experts in companies like Apple and governments such as the U.S…
Apple supplier Salcomp sees revenue of $2-$3 billion in India for 2025, plans rapid hiring
Finland-headquartered Salcomp, a supplier to Apple plans to double its workforce in India to 25,000 over the next three years, a top company…
Third-party retailers offer iPhone 14 Pro discounts up to 10% in China
Third party retailers in China are offering discounts of as much as 10% on Apple’s iPhone 14 Pro and flagship iPhone 14 Pro Max…
Apple set to post rare revenue drop on China supply issues
Apple is expected by analysts to report its first decline in quarterly revenue in nearly four years after the Chinese Communist Party…
Apple supplier Jabil begins making AirPods components in India
Apple supplier Jabil has begun making components for AirPods in India, marking a significant step in Apple’s push to diversify production…
Apple’s iPhone dominated China last quarter, despite COVID lockdown disruptions
Apple’s iPhone in China took its biggest quarterly smartphone market share in the fourth quarter, despite the CCP’s quixotic “Zero COVID”…
Apple reportedly brings Chinese Communist Party web censorship to Hong Kong
Users of Apple’s Safari web browser in Hong Kong who recently tried to visit code-sharing website GitLab, received a warning instead…
Apple among Wedbush’s top stock picks as earnings season kicks off
Apple stock remains among Wedbush Securities’ top picks for 2023 as earnings season starts this week among questions about…
Apple wants India to account for up to 25% of its product assembly
Apple wants India to account for up to 25% of its product assembly from about 5%-7% now, as the company belatedly tries to divest…
Didi Global’s ride-hailing app back on Apple’s App Store in China
Chinese technology company Didi Global’s domestic ride-hailing app has returned to China’s domestic Apple App Store…
Apple supplier Foxconn replaces iPhone assembly chief
Major Apple assembler Foxconn Technology Group has replaced the chief of its iPhone assembly business after a tumultuous year in China…
Apple supplier BOE to invest up to $400 million in new factories in Vietnam
Chinese display maker and Apple supplier BOE Technology Group plans to invest a substantial sum to build two factories in Vietnam …
Apple’s iPhone exports from India more than double, surpass $2.5 billion
Apple exported iPhones worth more than $2.5 billion from India from April to December 2022, nearly twice the entire previous…
