Analysis: Apple's corporate diplomacy in Beijing helped it evade crackdowns and kept its profits above China's tech giants but exposes it to supply chain shocks
The most profitable tech company operating in China is not a homegrown internet giant such as Alibaba or Tencent, but California-based Apple.
Last year we showed how Apple was contradicting its self-proclaimed values to stay on the good side of the Chinese Communist Party, including proactively censoring apps and putting user data in state-owned data centers. It's either that — or get out. https://www.nytimes.com/...
@daiwaka
Daisuke Wakabayashi on x
Apple has become the world's most valuable company by navigating China/U.S. to its benefit. Now, that strategy is starting to show some cracks with policies from Beijing and Washington weighing on its business. w/ @trippmickle @Changxche https://www.nytimes.com/...
@ingrahamangle
Laura Ingraham on x
Time for Apple to pull out of the slave-holding dictatorship. Apple Is Facing Major Challenges in China - The New York Times https://www.nytimes.com/...
@trippmickle
Tripp Mickle on x
Apple was a master of international relations, but its superpowers are failing. Chalk it up to the kryptonite of China. How Beijing's zero-covid is shutting factories & Washington protectionists are dictating iPhone vendors w/ @Changxche & @daiwaka https://www.nytimes.com/...
@elimeixler
Eli Meixler on x
We can thank China users for Night mode, better low-light photo, QR code readers and dual-SIMs. There's also a killer kicker quote I'm not giving away here https://www.ft.com/... https://twitter.com/...
@carlquintanilla
Carl Quintanilla on x
Apple's production in China, once key to its ascent, is now a “vulnerability,” says the @nytimes. “It never made sense to cluster the entire supply chain inside a country that was the most potent cyberthreat to the United States.” $AAPL https://www.nytimes.com/...
@elimeixler
Eli Meixler on x
Apple's business in China — which accounts for 95% of iPhone production — jumped more than 100% during the pandemic, such that its operating profit now exceeds Tencent and Alibaba *combined*: @PatrickMcGee_ @rwmcmorrow @FinancialTimes https://www.ft.com/...