Foxconn Technology Group, Apple’s main iPhone assembler, plans to split its manufacturing capacity between China and other countries. ( read original story …)
Tagged By mobile
Trump’s Tech War with China Could Cost Apple Dearly
Please consider Apple’s $44 Billion China Market Threatened by Trump WeChat Ban Apple Inc. spent years building China into a $44 billion growth driver. Then the U.S. president last week cast all that … (…
China Market Update: Netease And JOYY Inc Deliver Strong Q2 Results, Offshore RMB Appreciated Versus USD Over The Past Three Months Despite Tensions
Asian equities were largely higher overnight with the Hang Seng posted a small loss. Hong Kong volume leader Tencent -2.02% succumbed to profit taking after posting great Q2 results highlighted by … ( read original…
The Cybersecurity 202: The TikTok ban is just a proxy battle in the U.S.-China tech war
Does President Trump’s plan to ban TikTok over national security concerns seem a little over the top for an app where teenagers share silly dance videos? Think about it as a proxy battle in an…
iPhone: China Will Remain A Problem Until 2021
Not only is the smartphone market weak in China, Apple has been facing tough competitive challenges. The light at the end of the tunnel may be the upcoming 5G version of the iPhone. ( read…
China Mobile Revenue Rises as Pandemic Boosts Services Demand
China Mobile Ltd.’s revenue rose in the first half as the coronavirus pandemic prompted industries to accelerate steps toward digitalization, boosting demand at the country’s biggest phone company. ( read original story …)
China Mobile’s First-Half Net Profit Slipped 0.5%
China Mobile Ltd.’s net-profit in the first half of the year slipped 0.5%, as weaker margins offset a slight increase in operating revenue. The telecom operator posted a net profit of 55.77 billion … (…
Hong Kong’s Hang Seng Index fluctuates as traders brace for China data and assess economic outlook
US ties, downplayed the impact of the order by President Donald Trump to ban business transactions with its WeChat app, saying only 2 per cent of revenues were derived from the US. ( read original…
Hong Kong stocks rise for second day as earnings from Tencent and China Unicom beat
Hong Kong stocks rose for a second day, as companies from Tencent Holdings to China Unicom posted earnings that exceeded analysts’ estimates.The Hang Seng Index gained 0.3 per cent, or 70.92 points, … ( read…
5 Weapons China Could Use to Pushback America’s Military
As the People’s Republic of China (PRC) emerged from war and revolution in 1949, it became apparent that the Chinese economy lacked the capacity to compete with the U.S. or the … ( read original…
KESG: New China ESG ETF Leaves Out More Than It Keeps
Done right, ESG probably has a greater opportunity for edge in China than in another other market. Many investors in Chinese equities have long appreciated the advantages of companies with better than … ( read…
China Unicom hails SA 5G progress
China Unicom chairman and CEO Wang Xiaochu highlighted progress on its joint 5G network with rival China Telecom, expressing confidence it would commercially launch standalone (SA) service in Q4. We … ( read original story…
China Unicom First-Half Net Profit Rose 10%
Ltd. said its net profit for the first half of the year rose 10% from a year earlier, thanks to increased revenue and a lower cost-to-sales ratio. The telecom operator posted a net profit of…