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Apple CEO Tim Cook visits Shanghai after iPhone sales slow in China
Tim Cook is visiting Shanghai ahead of a store opening on Thursday. This comes after recent reports of declining iPhone sales in China
Through Weibo posts, Cook shares experiences in Shanghai and meetings with local developers, aiming to strengthen Apple's presence and connection with Chinese consumers. Competition from Huawei and other brands poses challenges for Apple in China, as recent research suggests a significant drop in iPhone sales, underscoring the importance of innovation and market strategy. Senior Analyst Mengmeng Zhang was quoted in the research explaining why this could have happened: “Primarily, it faced stiff competition at the high end from a resurgent Huawei while getting squeezed in the middle on aggressive pricing from the likes of OPPO, vivo, and Xiaomi….”
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