Unwilling to give up the Chinese market, Apple embraced Chinese Chips Despite Congressional Warning！

During Huawei’s absence from the smartphone market, Apple experienced a significant surge in iPhone sales, capturing a larger market share in China from 7% to 15% and solidifying its leading position. However, Apple’s dominance in the high-end market led to a lack of innovation in its iPhone models from iPhone 13 to iPhone 15. Only when facing new regulations in the European Union did Apple reluctantly switch from the Lightning interface to USB-C. Critics argue that Apple’s pricing strategy exploits Chinese consumers, evident in the significant price disparity between a silicone phone case priced at RMB399 and a USB-C to Lightning adapter sold for RMB243 on Apple’s official website, which is ten times higher than ordinary products. While Huawei makes a strong comeback, concerning news emerges about imminent actions from China. Previously, Russia had prohibited government officials from using Apple smartphones in office premises due to security concerns. Reports from The Wall Street Journal and online feedback indicate that certain core institutions and enterprises in China have implemented an unwritten rule banning the use of Apple smartphones, mandating a switch to domestically produced Chinese smartphones. Japanese media added that Apple’s headphones, smartwatches, and other wearable devices are also prohibited, with the intention to prevent leaks of sensitive information. Such unofficial regulations pose a significant threat to Apple, as expanding the ban to more institutions and companies could lead to a nationwide boycott, similar to what Samsung faced previously. The financial market reacted swiftly to this news, causing a 6% drop in Apple’s stock price within 48 hours and wiping out $190 billion in market value. “China Focus“ is a YouTube channel created to provide current events and pop culture headlines from you can get to know a more real China through my video. ｜ #ChineseNews #chips #ChinaFocus Thanks for your watching and subscribing.