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Joe Lonsdale, co-founder of Palantir Technologies, has advised Apple to consider moving its iPhone supply chain out of China.
Apple has experienced a decline in iPhone sales in China, facing strong competition from Huawei, which has made a significant comeback in the market, amidst heightened U.S.-China tensions and Apple's efforts to diversify its manufacturing base.
IPhone 15 sales in China reportedly witnessed a 4.5% decline in the first 17 days compared to its predecessor. However, the country's vice premier, Ding…
IPhone 15 sales have declined in China, but the Chinese government expresses willingness to offer Apple "more opportunities" for development in the country amidst increasing competition and regulatory challenges.
Apple: Sales of iPhone 15 models in their first 17 days in China were down 4.5% compared to the iPhone 14, Counterpoint Research said, without providing specific figures.