This is not the first Chinese government ban on foreign technology. In 2014, the government banned Windows 8 from government computers, citing security risks.
Despite its slender battery, the company claims that the Magic V2 can deliver approximately 14 hours of continuous video playback when unfolded.
Ernie’s release follows the new regulation in the AI industry introduced by the Chinese government. Notably, Baidu became the first company to get an approval from the authorities.
Along with Pixel 8, Google is likely to introduce a range of new hardware, including the company’s latest wearable, the Pixel Watch 2.
Following the announcement, Apple saw its stock going up and moving away from its 100-day fluctuating average of $179.43. Yesterday, Apple stock closed the trading session 2.18% up, at $184.12, and added another 0.23% in the after-hours trade.
The decline in handset sales, a challenge faced not only by Xiaomi but also by other smartphone manufacturers, has pushed the company to explore new avenues for growth.
Apple’s dominance in this arena is further underlined by its complete control over the top shipping models.
Apple CEO Tim Cook is claiming that India simply offers a “huge opportunity”, so, the firm has been ramping up iPhone production in the region.
Apple is now legally allowed to keep its taxation policy. As Justice Elena Kagan has ruled, the latest petition filed by Epic Games against Apple is declined.
Meanwhile, Chief Executive Officer Tim Cook pointed out that sales of Apple products in the United States were declining.
For its fiscal Q3 2023, Apple reported reduced revenue from iPhone, Mac, and iPad sales, while revenue from Other Products rose 2%.
The new foldable smartphones are thinner, faster, and generally better than their predecessors, according to Samsung.
The app allows users to sync their data across devices and export their chat data to a viewable HTML file.
Sources familiar with the matter said that the Tata Group is planning a complete takeover of the Wistron responsibility for the assembly of iPhone models.
While the Chinese smartphone market experienced a 5% decline in sales during the first quarter of 2023, Apple’s iPhone sales demonstrated resilience, growing by 6% year-on-year during the same period.