On Sunday Microsoft Corp said in a court filing that Apple Inc’s threat to cut off the creator of “Fortnite” from Apple’s developer tools would hurt Microsoft’s gaming business, as well as other game developers.
Smartphone shipments in China fell 16% in previous month compared with a year earlier, according to government data released on Tuesday. The numbers suggest that handset demand in China remains lukewarm despite the country’s recovery from the coronavirus pandemic, boding poorly for Apple Inc and its local rivals like Huawei Technologies Co Ltd.
The U.S. Chamber of Commerce and over 40 trade associations today urged top Chinese and U.S. officials to redouble efforts to implement a Phase 1 trade agreement signed by the world’s two largest economies in January.
Factory activity of China likely rose for a second straight month in April 2020 as more businesses re-opened from strict lockdowns implemented to contain the coVID-19 outbreak, which has now paralysed the global economy.
Plan of Apple Inc to ramp up iPhone production by 10% in the first half of this year may hit a roadblock as the coronavirus outbreak spreads across China, the Nikkei Asian Review reported on Tuesday.
On Wednesday the U.S.-China trade war is set to enter a new, quieter phase as U.S. President Donald Trump and Chinese Vice Premier sign an initial trade deal that aims to vastly increase Chinese purchases of U.S. manufactured products, agricultural goods, energy and services.
The United States will maintain tariffs on Chinese goods until the completion of a second phase of a U.S.-China trade agreement, U.S. Treasury Secretary Steven Mnuchin said on Tuesday, a day before the two sides are to sign an interim deal.