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Apple shares fall after China reportedly bans iPhone use by government officials | Apple
(www.theguardian.com)
this post was submitted on 08 Sep 2023
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This is the best summary I could come up with:
In recent weeks, Chinese officials were given the instructions by their superiors in workplace chat groups or meetings, the Wall Street Journal reported, adding that it wasn’t clear how widely the orders were being distributed.
“Even Apple is not immune … in China where it employs hundreds of thousands, if not more than a million workers, to assemble its products through its relationship with Foxconn,” DA Davidson analyst Tom Forte said.
The ban could trigger concerns among foreign companies operating in China as Sino-US tensions escalate, and comes ahead of an Apple event next week that analysts believe will be about launching a new line of iPhones.
Apple and China’s State Council Information Office, which handles media queries on behalf of the Chinese government, did not immediately respond to Reuters’ requests for comment.
For over a decade, China has been seeking to reduce reliance on foreign technologies, asking state-affiliated firms such as banks to switch to local software and promoting domestic semiconductor chip manufacturing.
The Mate 60’s processor is the first to use SMIC’s most advanced 7 nanometre (nm) technology and suggests the Chinese government is making some headway in attempts to build a domestic chip ecosystem, analysis firm TechInsights said.
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