Britain to Give New Tech Regulator Statutory Powers

Skyscrapers in The City of London financial district are seen from City Hall in London, Britain, May 8, 2021. REUTERS/Henry Nicholls
Skyscrapers in The City of London financial district are seen from City Hall in London, Britain, May 8, 2021. REUTERS/Henry Nicholls
TT

Britain to Give New Tech Regulator Statutory Powers

Skyscrapers in The City of London financial district are seen from City Hall in London, Britain, May 8, 2021. REUTERS/Henry Nicholls
Skyscrapers in The City of London financial district are seen from City Hall in London, Britain, May 8, 2021. REUTERS/Henry Nicholls

Britain will give statutory powers to a new technology regulator so it can enforce pro-competition rules and prevent tech giants including Google and Facebook from using their dominance to push out smaller firms and disadvantage consumers.

“The government will introduce legislation to put the Digital Markets Unit on a statutory footing in due course,” the Department of Culture, Media and Sport (DCMS) said in a statement on Thursday.

A spokesperson for the DCMS declined to comment when asked if legislation will be included in the government's program for the coming year, due to be outlined in the Queen's Speech on May 10.

The Digital Markets Unit (DMU) was launched in non-statutory form within the Competition and Markets Authority (CMA) last year to make sure tech companies don't abuse their market power.

The change would give the unit stronger enforcement powers, Reuters reported.

The DCMS said its proposals would make it easier for people to switch between Apple iOS and Android phones or between social media accounts without losing their data.

Smartphone users could get more choice of search engines and social media platforms and more control over how their data is used by companies.

The DCMS said small and medium-size businesses would get better pricing from big tech firms that they use to trade online. The firms would need to warn smaller companies about changes to their algorithms that drive traffic and revenues.

The proposed measures would also make sure news publishers are able to monetize their online news content and be paid fairly for it. The DMU would have the power to step in to solve pricing disputes between news outlets and platforms. App developers would be able to sell their apps on fairer and more transparent terms.

“We want to level the playing field and we are arming this new tech regulator with a range of powers to generate lower prices, better choice and more control for consumers while backing content creators, innovators and publishers, including in our vital news industry,” said digital minister Chris Philp.

The DCMS said the DMU will be able to levy fines of up to 10% of annual global turnover.



Apple’s China Market Share Shrinks as Huawei Surges, Data Shows 

A woman walks past a logo of Apple Inc in Wuhan, Hubei province July 24, 2013. (Reuters)
A woman walks past a logo of Apple Inc in Wuhan, Hubei province July 24, 2013. (Reuters)
TT

Apple’s China Market Share Shrinks as Huawei Surges, Data Shows 

A woman walks past a logo of Apple Inc in Wuhan, Hubei province July 24, 2013. (Reuters)
A woman walks past a logo of Apple Inc in Wuhan, Hubei province July 24, 2013. (Reuters)

Apple's market share in China shrank by two percentage points in the second quarter of 2024, as the tech giant faced intensifying competition from rivals like Huawei, according to data from market research firm Canalys.

The decline underscores the difficulties the US tech giant faces in its third-largest market.

Huawei's smartphone shipments surged 41% year-on-year in the quarter, bolstered by the launch of its new Pura 70 series in April.

The Canalys data, while not providing specific shipment figures for Apple, showed that the company's market share in China dropped to 14% in the second quarter of 2024, a decrease from 16% in the same quarter of 2023.

As a result of this decline, Apple's ranking in the Chinese smartphone market fell from third to sixth place.

Overall, China's smartphone shipments rose by 10% in the quarter, Canalys said. Vivo was the top vendor with a share of 19%, followed by Oppo, Honor and Huawei with 16%, 15% and 15% respectively.

"Domestic manufacturers have demonstrated market leadership, occupying the top five positions in the mainland Chinese market for the first time in history," said Lucas Zhong, research analyst at Canalys.

"On the other hand, Apple faces growth pressure in the Chinese market and is actively focusing on optimizing channel management."

Huawei made a comeback to the high-end smartphone segment last August with the release of a device powered by a domestically-made chip, defying US sanctions that have cut off its access to the global chipset supply chain.

In an effort to boost sales, Apple has ramped up its discounting efforts this year to entice consumers. The US company launched an aggressive campaign in May, doubling the scale of an earlier promotion in February and offering price cuts of up to 2,300 yuan ($318.84) on select iPhone models.

Analysts expect Huawei's strong performance to continue throughout the year. Canadian research firm TechInsights projected earlier this year that Huawei's overall smartphone shipments in China will exceed 50 million units in 2024, with the Pura 70 series accounting for 10 million of those shipments.

That would make Huawei the No. 1 seller with a 19% market share, up from 12% in 2023, TechInsights has said.