Goy tuuhuud: Will Apple's roots in China hold fast amid political storm?

Monday, September 16, 2019

Will Apple's roots in China hold fast amid political storm?


"As the US pounds on Huawei, Apple is the

likely target for China to pound back," technology analyst Rob Enderle of Enderle Group said.

"As the trade war accelerates, then Apple and Huawei are the two firms likely to get the damage," he said.

Huawei has been thrust to the center of escalating tensions between the world's two top economies, which have exchanged tariffs on hundreds of billions of dollars in two-way trade.

President Donald Trump's administration has infuriated Beijing by blacklisting the smartphone and telecommunications company over worries that China uses it as a tool for espionage and allegations of breaking Iran-related sanctions—charges the company has denied.

Trump has said that Huawei's fate could be included in any deal to resolve their trade war, but such a deal has proved elusive, and in the interim, tensions remain high.

The company is considered a "national treasure" in China, and Apple has similar status in the US, said Enderle.












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