Browsing: Electronics and hardware

Apple’s Chinese smartphone shipments plummeted an estimated 20% in 2018’s final quarter, underscoring the scale of the iPhone maker’s retreat in the world’s largest mobile device market.

Apple has suggested it could lower iPhone prices in response to falling sales. CEO Tim Cook said Apple is starting to adjust its pricing in some countries in response to currency valuation changes around the world.

Semiconductor stocks fell in early trading on Monday after Nvidia cut its fourth-quarter revenue outlook, citing deteriorating macroeconomic conditions, particularly in China, along with weakness in its gaming and data centre divisions.