Digital Cooperation Organization to Hold 3rd General Assembly in Bahrain 

Bahrain will host the 3rd General Assembly of the Digital Cooperation Organization (DCO) on Wednesday. (SPA)
Bahrain will host the 3rd General Assembly of the Digital Cooperation Organization (DCO) on Wednesday. (SPA)
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Digital Cooperation Organization to Hold 3rd General Assembly in Bahrain 

Bahrain will host the 3rd General Assembly of the Digital Cooperation Organization (DCO) on Wednesday. (SPA)
Bahrain will host the 3rd General Assembly of the Digital Cooperation Organization (DCO) on Wednesday. (SPA)

Bahrain will host the 3rd General Assembly of the Digital Cooperation Organization (DCO) on Wednesday.

Chaired by Bahrain’s Minister of Transportation and Telecommunications and DCO Chair of the Council Mohammed bin Thamer Al Kaabi, the event will discuss the organization's plans and initiatives aimed at promoting digital prosperity.

In a statement, DCO said ministers and officials representing the 15 DCO Member States and DCO's Secretary-General Deemah AlYahya, high-level delegations from partners and observers, representatives from guest countries and international organizations will attend the event.

They are expected to discuss strategic initiatives to foster global digital cooperation, shed light on the status of the digital economy and ways to overcome challenges faced in achieving inclusive and sustainable growth in this vital sector.

Bharani Minister Mohammed Al Kaabi said: "We are honored to host the 3rd General Assembly of the DCO, bringing together Member States and distinguished guests to discuss achievements and kick off new initiatives that aim to achieve digital prosperity and growth."

Through joint international action and fruitful cooperation, the General Assembly will seek to promote inclusive and sustainable growth of digital transformation and maximize all countries' gains from the opportunities and initiatives available to develop the digital economy, he added.

As a founding member of the DCO, Bahrain is committed to sharing its knowledge and expertise that has contributed to enhancing its economic growth, he stated.

During Bahrain's 2023 presidency, Qatar and Bangladesh joined the DCO as new Member States. Manama also launched the Digital Prosperity Awards to encourage cooperation and facilitate innovation and digital transformation among Member States.

Secretary-General AlYahya emphasized the importance of holding the General Assembly in Manama, saying: "Digital cooperation is essential for harnessing the benefits arising from the opportunities presented by the digital economy.”

“The 3rd General Assembly will serve as a strategic platform for the participation of Member State governments, the private sector, and civil society in drawing a roadmap for the current year. This includes addressing growing challenges and exploiting opportunities to facilitate digital prosperity for all,” she stated.

She added that she was looking forward to meeting with all representatives from DCO members observers, partners, and guests in Manama to review 2023 DCO achievements and to discuss 2024 initiatives, serving to propel the organization toward accomplishing the goals outlined in its 2030 Strategic Roadmap.

The General Assembly will explore the growth of markets and their impact on the digital economy; the value of data as a strategic resource in the digital age and how to use it effectively to achieve growth; and ways to achieve a sustainable digital economy contributing to improving the quality of life and emphasizing the pivotal role of humans as an essential element in the development process.

The General Assembly will discuss the DCO's plan for 2024 and new initiatives that it will implement as part of its 2030 Strategic Roadmap to advance global digital cooperation towards an inclusive and sustainable digital economy. It will also discuss financial and administrative reports submitted by the organization's General Secretariat.

The previous DCO General Assembly was held in Riyadh, Saudi Arabia, in February 2023. The DCO brings together ministries of communications and information technology from 15 countries: Saudi Arabia, Bahrain, Bangladesh, Cyprus, Djibouti, Gambia, Ghana, Jordan, Kuwait, Morocco, Nigeria, Oman, Pakistan, Qatar and Rwanda.

Together, DCO Member States represent more than $3.3 trillion in GDP and a market of nearly 800 million people, more than 70% of whom are under the age of 35.



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)
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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.