China says it hasn’t issued any ban on Apple’s iPhone - News Summed Up

China says it hasn’t issued any ban on Apple’s iPhone


China says it hasn’t issued any ban on Apple’s iPhoneChina hasn’t issued any laws or rules to ban the use of iPhones or any other foreign phone brand, a Chinese government spokesperson said on Wednesday. She added that China has noticed “many media reports on the security incidents of Apple’s iPhone,” and that the country “attaches great importance to information and cyber security.”Mao did not elaborate. The report triggered a drop in Apple’s shares — the stock suffered its largest daily loss in a month. China is the largest foreign market for the company’s products, and Chinese sales represented about a fifth of the company’s total revenue last year. The company doesn’t disclose iPhone sales by country, but analysts at research firm TechInsights estimate that there were more iPhone sales in China than in the United States last quarter.


Source: CNN September 13, 2023 14:57 UTC



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