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Apple's China iPhone shipments up 52% as rebound gains steam

(Bloomberg) -- Apple Inc.’s iPhone staged a rebound in China last month with shipments rising 52% amid a flurry of discounts from retail partners.Most Read from BloombergWall Street Moves to Fastest Settlement of Trades in a CenturyIsraeli Airstrike and Egyptian Guard’s Death Ratchet Up TensionsCatering to the Ultra-Rich Is a Booming Business in AustraliaFor Private Credit's Top Talent, $1 Million a Year Is Not EnoughStocks Trade Mixed With Focus on Inflation Data: Markets Wra...
Sean Chen Steven Tseng Bloomberg Businessweek Debby Wu Huawei Technologies Co California Based Apple
Source: yahoo.com

Chinese employee accused of stealing SK hynix chip technology for Huawei

A Chinese national who worked for SK hynix is on trial for allegedly stealing key semiconductor technology from the Korean chipmaker for Chinese IT firm Huawei, the latest in a series of chip technology leaks to Chinese firms, according to the police, Tuesday.
Baek Byung Yeul Samsung Electronics Gyeonggi Nambu Provincial Police National Police Agency Protection Of Industrial Technology

Apple's iPhone sales in China jump 52% in April, data shows

Apple's smartphone shipments in China rose 52% in April from a year ago, extending a rebound seen in March, according to data from a research firm affiliated the Chinese government. The jump follows a weak performance by the U.S. tech giant in the world's biggest smartphone market earlier this year amid intensifying competition in the high-end smartphone category from local rivals like Huawei. Shipments of foreign-branded phones in China increased by 52% in April to 3.495 million uni...
Philippa Fletcher Jason Neely Miyoung Kim China Academy Of Information Communications Technology China Academy
Source: yahoo.com

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China injects $47.5B into chip industry

China is intensifying its efforts to lead in advanced technologies by establishing its largest-ever state investment fund for semiconductors, as detailed by a government-run agency. Valued at $47.5 billion, this fund comes amid stringent U.S. restrictions on the export of American chips and related technologies, aimed at curbing Beijing's technological ambitions. Six major state-owned banks,
United States Hua Hong Lu Jun Mark Rutte Hua Hong Semiconductor National Enterprise Credit Information Publicity System

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