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While the rate of decline has eased, the Chinese market is expected to weaken in the following quarters, Canalys said. “The larger vendors face a high degree of uncertainty over the current trade situation with the U.S.,” analyst Mo Jia said. “Increasing prices and maintaining market share in the face of a stronger U.S. dollar might be easy for a brand such as Huawei, but will be difficult for Xiaomi (1810.HK), Oppo and Vivo,” the Canalys analyst added. China and the United States are embroiled in a trade dispute with both nations imposing tariffs on billions of dollars worth of goods and fighting over technology and patents.
These duties have detroit pistons p cufflinks not yet targeted Apple iPhones, but Chief Executive Tim Cook said on a conference call on Tuesday that he was looking into whether the company will be hit by tariffs on purchases it must make, possibly related to data centers, Apple regained some growth in China in the June quarter, where sales rose 19 percent, Sales there had fallen dramatically in 2016 after Chinese consumers shunned the iPhone 7, whose overall appearance differed little from its predecessor, Samsung Electronics, the biggest smartphone maker globally but almost a bit player in China, on Tuesday posted its slowest quarterly profit growth in more than a year as its Galaxy S9 lost ground to rivals..
Increasing brand recognition is enabling Huawei to challenge Samsung in many price segments, IHS’ Schneemann said. Huawei said all its businesses, including smartphones, telecom equipment and IT infrastructure services, did well in the first six months of the year. Revenue rose to 325.7 billion yuan ($47.97 billion), while operating margin rose to 14 percent, from 11 percent a year ago. The Shenzhen-based firm did not provide a detailed performance breakdown for the period. The company does not release a profit number for the half year.
BEIJING/SHANGHAI (Reuters) - Alphabet Inc’s (GOOGL.O) Google is planning a detroit pistons p cufflinks censored version of its search engine for China that will block websites and certain search terms, The Intercept reported on Wednesday citing internal Google documents and people familiar with the plans, The project is a code named “Dragonfly” and has been underway since the spring of 2017, the news website said, Progress on the project picked up after a December meeting between Google’s Chief Executive Sundar Pichai and a top Chinese government official, it added..
Search terms about human rights, democracy, religion and peaceful protests will be among the words blacklisted in the search engine app, which The Intercept said had already been demonstrated to the Chinese government. The finalised version could be launched in the next six to nine months, pending approval from Chinese officials, it added. Google declined to comment on specifics mentioned in The Intercept report, but noted that it has launched a number of mobile apps in the country and works with local developers as part of maintaining its domestic presence.
China’s top Internet regulator, the Cyberspace Administration of China, did not immediately respond to Reuters’ requests for comment, Google’s main search platform is blocked in China along with its video platform YouTube, but it has been attempting to make new inroads into China, In January, the search engine joined an investment in Chinese live-stream mobile game platform Chushou, and earlier this month, launched an detroit pistons p cufflinks artificial intelligence (AI) game on Tencent Holdings Ltd (0700.HK) social media app WeChat..
BOSTON (Reuters) - Billionaire hedge fund manager David Einhorn told investors on Tuesday that a sharp rally in Tesla Inc shares, which he bet against, turned into heavy second-quarter losses at his Greenlight Capital fund, and stuck by his dim outlook for the electric carmaker. Greenlight lost 18.3 percent in the first six months of 2018, Einhorn wrote in a letter to investors seen by Reuters. Tesla shares, which rose 29 percent in the last quarter, was the fund’s “second biggest loser” during that period, he added.
Hours after sending detroit pistons p cufflinks the letter, Einhorn notified investors that the fund’s returns fell again in July, After a dip of 0.4 percent this month, the fund is down 18.6 percent for the year, an investor told Reuters, Tesla’s Model S residual values are falling, Einhorn wrote, noting he has been frustrated by power windows and touch screen problems in his own Model S sedan and got rid of the vehicle as his lease ended, The company’s more affordable Model 3 got modest reviews and bad publicity, which Einhorn said was “probably having a negative impact on the brand.” He said he doubted the car could be “produced profitably anytime soon, if ever” and criticized the company’s plan to rush cars to customers..
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