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China's smartphone market saw a 2.3% year-on-year growth in Q3 2024, marking four consecutive quarters of growth. Vivo leads the market, followed by Huawei and Apple, which has seen fluctuating performance amid intense competition and new product launches.
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Recent reports reveal that US sanctions on China's semiconductor industry may be less effective than intended. Despite restrictions, Chinese firms like Huawei are reportedly accessing advanced chips, raising concerns about the efficacy of US export controls and the implications for global supply chains.
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Xiaomi's SU7 electric sedan has gained significant traction in the automotive market, with Ford CEO Jim Farley praising its quality. The SU7 Ultra, a high-performance variant, has also been launched, showcasing Xiaomi's rapid expansion in the EV sector amid growing competition from Chinese automakers.
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Indonesia has prohibited the sale of Apple's iPhone 16 and Google's Pixel smartphones due to non-compliance with local content regulations requiring 40% of components to be sourced domestically. This move aims to protect local manufacturers and attract foreign investment, impacting major tech companies in the region.
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As Donald Trump prepares for his potential return to the presidency, his administration's tech agenda is becoming clearer. Key areas include dismantling Biden's AI regulations, easing antitrust oversight, and reevaluating semiconductor policies, which could reshape the tech landscape significantly.