Apple’s grip on the Chinese smartphone market seems to be slipping, with another year-on-year decline in iPhone sales and a loss of market share to domestic brands. Despite this, Apple’s stocks have hit an all-time high, fueled by the belief that its upcoming AI features will entice consumers to upgrade their phones more frequently. However, this may not be the case in China, where Apple’s AI technology does not meet the country’s strict regulatory requirements. This has led to speculation about potential compromises that Apple may have to make in order to enter the Chinese market. The recent opening of a research center in Shenzhen, China, could be seen as an attempt to improve relations and pave the way for Apple’s AI future in the country. However, challenges such as cautious consumer sentiment and the return of Huawei with innovative products may make it difficult for Apple to maintain its position in China.
