live U.S. and Iran agree to ceasefire deal, parties to meet in Switzerland on Friday
U.S. President Donald Trump said a preliminary agreement to end the war in the Gulf has been signed by the U.S. and Iran, though details have yet to b...
Apple’s iPhone, along with other foreign-branded smartphones, saw a sharp 21% decline in shipments in China this January. Economic shifts and rising competition from local brands are reshaping the market, putting pressure on international players like Apple.
Shipments of foreign-branded smartphones, including Apple’s iPhone, dropped 21% year-on-year in China during January, according to the latest data from the China Academy of Information and Communications Technology (CAICT). The decrease represents a decline in shipments to 4.398 million units, compared to 5.542 million units during the same month last year.
As the largest foreign smartphone brand in China, Apple plays a crucial role in the overall performance of foreign-branded devices. The company's sales figures significantly impact the country's smartphone market, which has been facing a general slowdown.
In addition to the drop in foreign-branded phone shipments, overall mobile phone sales in China also saw a decline of 14.3%, falling to 27.24 million units in January. This downward trend is reflective of broader challenges in the Chinese smartphone market, where competition from domestic brands remains strong.
Experts suggest that factors such as economic conditions and shifting consumer preferences could be contributing to the reduced demand for foreign-made smartphones. As the market adjusts, it remains to be seen how these trends will evolve in the coming months.
Details of a reported draft memorandum of understanding between the United States and Iran offer the clearest picture yet of how both sides plan to end months of conflict and move towards a longer-term settlement.
The U.S. and Iran say they have reached a deal to end their conflict, with an immediate ceasefire and reopening of the Strait of Hormuz after the lifting of the U.S. naval blockade. Talks will continue over the next 60 days to finalise the agreement
A senior U.S. official said on Monday that the memorandum of understanding linked to the U.S.-Iran agreement had been signed by President Donald Trump, Vice President JD Vance and Iranian Parliament Speaker Mohammad Bagher Qalibaf.
Israeli Prime Minister Benjamin Netanyahu has told U.S. President Donald Trump that Israel does not consider itself bound by a Lebanon-related provision in an emerging agreement with Iran, according to Israeli officials.
A strong 6.7-magnitude earthquake struck Indonesia's Sulawesi island early Tuesday, killing at least one person and injuring four, according to emergency authorities.
China’s retail sales fell for the first time in more than three years in May, while urban investment contracted more than expected, signaling further weakness in the world’s second-largest economy.
Macao opened the 17th International Infrastructure Investment and Construction Forum on Thursday, with officials and industry leaders highlighting the role of green and digital technologies in strengthening global infrastructure connectivity.
At the start of 2026, something unusual happened in China's car market. BYD, the company that had spent years at the top of the domestic sales charts, was knocked off its perch by a rival.
Apple has unveiled a long-awaited upgrade to Siri, aiming to close the gap with technology rivals and emerging artificial intelligence firms in an increasingly competitive market.
ChatGPT maker OpenAI has confidentially filed for a U.S. initial public offering (IPO), the company said on Monday, joining rival Anthropic in a race to the stock market as investors seek exposure to the artificial intelligence boom.
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