Greater China

Leading analysts told Mobile World Live Apple’s continued reliance on China may not necessarily be a bad thing, though noted it does throw up some potential conflicts given the nation’s ongoing fight against US attempts to restrict access to key technologies.

Chinese vendor ZTE booked modest profit and revenue gains in the opening quarter of 2024, highlighting a shift beyond its core telecoms business as domestic operators encounter pressure from a downbeat investment environment.

IDC pegged Q1 smartphone shipment growth in China at 6.5 per cent, marking a second consecutive quarter of gains.

China Mobile registered brisk year-on-year gains in 5G network customer additions, with revenue growth in the opening quarter of 2024 aided by higher ARPU.

China Unicom continued to add 5G users at a brisk pace in the opening quarter and registered another quarter of profit and revenue growth.

Taiwan Semiconductor Manufacturing Company issued an optimistic revenue target for the current quarter after reporting a near double-digit rise in net profit in the opening quarter of 2024, fuelled by brisk demand for chips supporting AI applications.

The Cyberspace Administration of China demanded Apple remove the WhatsApp and Threads apps from its online store in China due national security concerns, Reuters reported.