Apple's iPhone Sales in China Jump 52% in April, Data Shows

FILE - The Apple logo is illuminated at a store in Munich, Germany, Nov. 13, 2023. (AP Photo/Matthias Schrader, File)
FILE - The Apple logo is illuminated at a store in Munich, Germany, Nov. 13, 2023. (AP Photo/Matthias Schrader, File)
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Apple's iPhone Sales in China Jump 52% in April, Data Shows

FILE - The Apple logo is illuminated at a store in Munich, Germany, Nov. 13, 2023. (AP Photo/Matthias Schrader, File)
FILE - The Apple logo is illuminated at a store in Munich, Germany, Nov. 13, 2023. (AP Photo/Matthias Schrader, File)

Apple's smartphone shipments in China were 52% higher in April than a year ago, extending a rebound seen in the previous month, according to data from a research firm of the affiliated Chinese government.
Shipments of foreign-branded phones in China increased by 52% in April to 3.495 million units from 2.301 million a year earlier, data from the China Academy of Information and Communications Technology (CAICT) showed on Tuesday.
Although the data did not explicitly mention Apple, the company is the dominant foreign phone maker in China's smartphone-dominated market. This suggests that the increase in foreign-branded shipments can be attributed to Apple's performance, Reuters said.
The big increase follows a weak performance earlier this year in the world's biggest smartphone market, as the US tech giant faces intensifying competition in the high-end market from local rivals such as Huawei.
Apple's shipments in China increased by 12% in March, marking a significant improvement from the first two months of 2024, when the company experienced a 37% slump in sales.
Sales may see a further boost in May, as Apple launched an aggressive discounting campaign this month on its official Tmall site in China, offering discounts of up to 2,300 yuan ($318) on select iPhone models.
The price reduction, double the size of a discount it offered in February, comes after Huawei introduced last month its new series of high-end smartphones, the Pura 70, following the launch of the Mate 60 last August.
Huawei overtook Apple in the first quarter as the No.2 smartphone vendor in China and is ramping up its marketing campaign by opening more flagship stores and adding more retail distributors. Huawei spinoff Honor holds the top spot.
Overall smartphone sales in China increased by 25.5% to 22.7 million units in April, data from the CAICT showed.



Meta to Offer Less Personalized Ads in Europe to Appease Regulators

Meta to Offer Less Personalized Ads in Europe to Appease Regulators
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Meta to Offer Less Personalized Ads in Europe to Appease Regulators

Meta to Offer Less Personalized Ads in Europe to Appease Regulators

Meta Platforms plans to offer Instagram and Facebook users in Europe the option to receive "less personalized ads," the tech giant announced on Tuesday, in an effort to allay regulators' mounting concerns.

The Menlo Park, California-based company said it is implementing these changes in response to demands from EU regulators.

Over the coming weeks, people in the EU who use the company's social media platforms for free with ads, will be able to choose to see ads based on what Meta calls "context"- content that a user sees during a particular session on the platforms.

According to Reuters, these ads will also target users based on age, gender, and location, with some being unskippable for a few seconds.

Meta also plans to reduce the price of ad-free subscriptions by about 40% for European users.

This move comes as European regulators intensify efforts to curb Big Tech's power and level the playing field for smaller firms, including through the landmark Digital Markets Act (DMA) which came into force earlier this year.

The European Union law aims to make it easier for people to move between competing online services like social media platforms, internet browsers and app stores.

Last month, Europe's top court ruled that Meta must restrict the use of personal data harvested from Facebook for targeted advertising, supporting privacy activist Max Schrems.

The European Union did not immediately respond to a Reuters request for comment.

The developments were first reported by the Wall Street Journal.

Earlier in November, Reuters reported that Apple is set to be fined by the European Union's antitrust regulators under the bloc's landmark rules aimed at managing Big Tech's influence, making it the first company to be sanctioned.