Chinese Markets
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Chinese Sales Of Foreign Phone Makers, Including Apple, Drop 9.7% In May
Sales of foreign-branded mobile phones in China, including those of Apple Inc, fell 9.7% year-on-year in May, according to data released by a government-affiliated research company.
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Toyota Warns Profit To Skid 20% As Raw Materials Costs Pile Up
Toyota Motor warned "unprecedented" hikes in raw material costs could slice a fifth off full-year profit, a clear sign the world's top automaker by sales can no longer shrug off the supply-chain crunch that has roiled the global industry.
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Apple, Huawei Boost Market Share, as First-Quarter China Smartphone Shipments Fall: Canalys
Apple and Huawei each captured a higher share of China's smartphone market in the first quarter, according to data from research firm Canalys released on Friday.
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China Gives Currency Largest Boost in a Decade
China raised the central rate for its yuan currency by the largest amount in a decade Monday, officials and reports said, just three months after a surprise devaluation sent shockwaves through global markets.
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US Tech Firms Still Attracted to China Despite Tight State Controls
The sheer size of the Chinese market is so alluring to Western companies that even pro-Internet freedom firms put aside principles to pursue business.
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Chinese Sales Of Foreign Phone Makers, Including Apple, Drop 9.7% In May
Sales of foreign-branded mobile phones in China, including those of Apple Inc, fell 9.7% year-on-year in May, according to data released by a government-affiliated research company.
-
Toyota Warns Profit To Skid 20% As Raw Materials Costs Pile Up
Toyota Motor warned "unprecedented" hikes in raw material costs could slice a fifth off full-year profit, a clear sign the world's top automaker by sales can no longer shrug off the supply-chain crunch that has roiled the global industry.
-
Apple, Huawei Boost Market Share, as First-Quarter China Smartphone Shipments Fall: Canalys
Apple and Huawei each captured a higher share of China's smartphone market in the first quarter, according to data from research firm Canalys released on Friday.
-
China Gives Currency Largest Boost in a Decade
China raised the central rate for its yuan currency by the largest amount in a decade Monday, officials and reports said, just three months after a surprise devaluation sent shockwaves through global markets.
-
US Tech Firms Still Attracted to China Despite Tight State Controls
The sheer size of the Chinese market is so alluring to Western companies that even pro-Internet freedom firms put aside principles to pursue business.
