Tuesday, May 28, 2024

Chinese government data: foreign-branded smartphone shipments, most of which are iPhones, rose 52% YoY to ~3.5M in April, after stabilizing in March 2024 (Yuan Gao/Bloomberg)

Yuan Gao / Bloomberg:
Chinese government data: foreign-branded smartphone shipments, most of which are iPhones, rose 52% YoY to ~3.5M in April, after stabilizing in March 2024  —  - Official data for April showed Chinese mobile demand returning  — The iPhone's bad start to the year prompted retail price cuts



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Sources: China's government asked Alibaba, ByteDance, and others to report on their plans to buy Nvidia RTX Pro 5500, saying it intends to approve the purchases (Qianer Liu/The Information)

Qianer Liu / The Information : Sources: China's government asked Alibaba, ByteDance, and others to report on their plans to buy Nvidi...