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China's slow growth last year eroded Apple's sales of smartphones, but apps and smartwatches boosted revenue in the second half of the fiscal year ended in September. Investors will keep an eye on the impact of the coronavirus on sales and production in the coming quarter.
China's top diplomat Yang Jiechi made the remarks when meeting with US Secretary of State Mike Pompeo on Tuesday and Wednesday in Hawaii. It was the first high-level face-to-face meeting between the two countries this year.
China's smartphone market will be dominated by major manufactures, and small and medium-sized brands may suffer further shrinking market share, the report said.
China's top leadership is wise in placing an emphasis on growing the artificial intelligence sector, because AI is a relatively young and fast-growing industry globally. So China's scope to enjoy the first-mover advantage is significant.
Chinese FC Barcelona supporters pose for a photo during a LaLiga match between FC Barcelona and SD Eibar in Barcelona, Spain. [Photo/Agencies]
来源：资阳报