Apple loses its shine in China

[cirr]

Huawei to 'popularize' full display

2017-10-12 09:13

Shanghai Daily Editor: Huang Mingrui

Huawei aims to cement its leading position in China's domestic market with a price-aggressive strategy on full-display screen phone models, Shanghai Daily learned yesterday.

Huawei launched three full-display Honor models whose prices start from 1,299 yuan ($197), less than one-fifth the price of Samsung and Apple's flagship models which normally cost up to 8,000 yuan.

The new Honor models, which will be available on Tuesday, will "popularize" full-display screens in the market, said Zhao Ming, president of the Honor brand.

"It (full-view screen) is a 'Wow' product to woo consumers. And it will become a must-have feature soon, like dual-cameras," said Jia Mo, analyst at research firm Canalys.

http://www.ecns.cn/business/2017/10-12/276697.shtml

 

[TaiShang]

Huawei launched three full-display Honor models whose prices start from 1,299 yuan ($197), less than one-fifth the price of Samsung and Apple's flagship models which normally cost up to 8,000 yuan.

That's incredible. I skipped Mi Mix because I felt a little expensive, and went for Mi Note3. Maybe I should have waited couple of weeks and bought this full screen Huawei .

But I still love Mi Note 3

 

[TaiShang]

Sluggish sales drag down iPhone-related shares
China Daily, December 26, 2017

Shares of Apple Inc's suppliers fell on Monday after the Taiwan-based Economic Daily News reported that the tech behemoth has cut its sales forecast for the iPhone X due to sluggish sales in the Chinese mainland, the world's largest smartphone market.

The report said Apple would see iPhone X sales of 30 million units in the first quarter of next year, compared with the previous forecast of 50 million units, citing unidentified people in the supply chain.


Shares of Lens Technology Co Ltd, which supplies glass covers to Apple, fell 8.44 percent on Monday on the Shenzhen Stock Exchange, while Shenzhen-based Desay Corporation, which provides more than half of the battery products for Apple's iPhones, declined by 5.87 percent, closing at 38.3 yuan ($5.9) per share, the lowest in 11 months.


Shares of Luxshare Precision Industry Co, which produces Apple's wireless headphone AirPods, dropped 4.32 percent.


The report also said Apple's chief manufacturing partner Foxconn Technology Group, also known as Hon Hai Precision Industry Co, had stopped hiring new staff as of Monday at its factory in Zhengzhou, capital of Henan province.


Apple declined to comment on whether it had cut smartphone orders from upstream suppliers. Analysts estimated that orders to supply chain manufacturers in the first quarter of next year were likely to be lower than expected, which will affect the performance of most upstream supply chain players during the period.


"The reduction in orders happened because the Chinese mainland's smartphone market has become saturated and demand has been weaker than expected, especially in the first quarter of next year, which is an off season," said Roger Sheng, a senior analyst at research company Gartner Inc.


In addition, the cycle for consumers changing their handsets had been extended due to a lack of innovation in the function and design of these gadgets, Sheng explained.


"However, the smartphone shipments of local producers are still expected to increase in the first half of next year as they are ramping up efforts to expand their presence in overseas markets," Sheng added.


Media reports said that iPhone X orders will decline by 30 percent in the first quarter. Other smartphone manufacturers including Huawei Technologies Co Ltd, OPPO Electronics Corp and Vivo Mobile Communication Technology have cut down their orders from supply chain manufacturers by about 10 percent .


According to market research firm IDC, Samsung Electronics Co Ltd remained the leader in the smartphone market－83.3 million units were shipped in the third quarter, up 9.5 percent year-on-year, with a 22.3 percent market share worldwide.


Apple's newest iPhones helped drive third-quarter shipments to 46.7 million units, up 2.6 percent from last year. Its market share remained unchanged at 12.5 percent.


Huawei ranked third, taking up 10.5 percent, followed by OPPO and Xiaomi with a global market share of 8.2 percent and 7.4 percent, respectively.


"Overall, the industry continues to grow, but at a much slower pace than in recent years," said Ryan Reith, program vice-president with IDC's worldwide quarterly mobile device trackers.

http://www.china.org.cn/business/2017-12/26/content_50164444.htm

***

I think they are toast in China, which has become too competitive for them. They need to concentrate on Indian market.

 

[MultaniGuy]

Well Chinese people will buy local brands instead of a foreign brand like Apple.

 

[terranMarine]

I don't expect much more innovations in the smartphone. The X is way overpriced, we all predicted the drop in sales. Local brands offer pretty much the same specs way cheaper. The competition is gonna kill off Apple as it did with Samsung.

 

[TaiShang]

Apple's lower battery replacement prices could hurt iPhone sales, analyst says

Source: Xinhua| 2018-01-05

SAN FRANCISCO, Jan. 5 (Xinhua) -- U.S. top tech company Apple Inc.'s offer to replace iPhone batteries at lower prices could cut sales by millions of units this year, Bloomberg reported Thursday.

The report quoted Barclays' analyst Mark Moskowitz as saying that Apple could lose 16 million iPhone upgrades in 2018, as more people would take the 29-U.S.-dollar battery offer and decide not to buy a new iPhone.

Last week, Apple apologized for slowing down the performance of old-version iPhones with older batteries, which has already drawn multiple lawsuits.

The unannounced move by Apple has aroused anger among some Apple customers, who regarded Apple's secret handling of iPhones with older batteries as a trick to force them to buy newer but more expensive Apple devices.

In response to consumer outrage, Apple said it will cut 50 dollars from the out-of-warranty iPhone battery replacement for the next year.

http://www.xinhuanet.com/english/2018-01/05/c_136874998.htm

 

[first77]

Apple Inc. at $100 billion on DOW Jones will be perfect