How higher education is funded across the South Caucasus region?
Georgia has unveiled a new funding model for public universities, highlighting the different ways higher education is financed across the South Caucas...
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.
A tourist aircraft crashed near Peru's UNESCO-listed Nazca Lines on Saturday (1 August), killing all 13 people on board, authorities said.
Iranian Foreign Ministry Spokesperson Esmaeil Baghaei has said Tehran is not currently involved in direct talks with Washington about reopening the Strait of Hormuz. U.S. President Donald Trump said negotiations with Iran were to begin on Monday.
U.S. President Donald Trump said late on Saturday he would hold off on a fresh attack on Iran as long as a deal could be reached quickly to halt Iran's nuclear ambitions and reopen the Strait of Hormuz.
Two firefighting helicopters collided while battling a major wildfire in Greece on Sunday, killing two crew members as emergency services continued efforts to contain fires fuelled by extreme heat and dry conditions across Europe.
French Prime Minister Sebastien Lecornu said wildfires that swept across France were now under control. Authorities warned that risks remained as Greece and Spain continued battling active blazes across parts of Europe.
Ford raised its full-year earnings forecast after reporting stronger-than-expected second-quarter adjusted profit, as resilient demand for its vehicles and operational improvements helped offset tariff-related costs.
SK Hynix reported record quarterly profit on Wednesday, but its shares slumped 10 per cent after the South Korean chipmaker fell short of investor expectations built around the artificial intelligence (AI) boom.
Oil prices have fallen more than six per cent as a pause in U.S.-Iran hostilities eased fears of wider supply disruption around the Gulf.
Paramount Skydance agreed to pause its acquisition of Warner Bros Discovery until after a ruling on a challenge by states to the deal, plunging the $110 billion deal into further uncertainty.
China's Foreign Ministry has said it is closely monitoring the United Kingdom's nationalisation of British Steel. Prior to the British government fully taking over the loss-making company on Thursday, it was previously owned by Chinese private steelmaker Jingye.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment