Over time what happened to the Ovim tablet will happen to Apple in China, except that Ovim tablet was on its own when Tecno came to Nigeria and knocked it out. Here, Apple went into the den: “According to a recent report by Canalys, Apple’s market share in China dropped to 14%, down from 15% in the first quarter and 16% during the same period last year. This decline saw the Cupertino giant, once the third-largest vendor in China, fall to the sixth spot with approximately 9.7 million units shipped.”
Who can protect the world from China when it comes to making things? From EU to US, everyone is building “iron-gates” on the fear that Chinese makers are coming. Yet, many here will write that Chinese products are not market-leading even when their home markets are doing everything to protect their market-leading products from China! Lol.
Who can protect the world from China when it comes to making things? From the EU to the US, everyone is building “iron-gates” in the fear that Chinese makers are coming (hello EV vehicles, satellite phones,). Yet, many here will write that Chinese products are not market-leading even when their home markets are doing everything to protect their market-leading products from China! Lol.
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Respect China; they inspire on what a people can accomplish if they have a united spirit. That Apple could be taken out this way reminds you while in the last ten centuries, China dominated the world’s economy in at least 6!
Linkedin News: Apple has dropped out of the top five smartphone vendors in China as homegrown brands explode in popularity, The Wall Street Journal reports, citing new industry tracking data. Though overall smartphone sales are up 6% in the world’s largest smartphone market, Apple’s market share there has declined to 15.5%, from 17.4% a year ago. iPhone sales in China have been slipping since the turn of the year, thanks in part to government restrictions. Many of the Chinese brands have also been quick to incorporate AI into their phones — something Apple is still working on. (LinkedIn News)
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Those forming and joining BRICS will soon realize that they are there to support China. What exactly are you going to manufacture in large quantities and export to China? China will reduce you to exporter for raw materials, while it remains the king of finished products. If your goal is massive industrialization, you will lose before the game starts.
As for Apple, well, it is not the only one losing, Tesla is also losing. It doesn’t seem like Apple still has any groundbreaking innovation it will ever bring to the market, it has already profited immensely from old stuff, just by repackaging and tweaking few things. Now the Chinese makers have mastered the art, and they have started to beat Apple with its stick.
For Nigeria and rest of Africa, what is our play, just reporting and analyzing what Chinese makers are doing to US giants? Is this why we are here? We are not even making some noise, at least to see if we can sell within Africa. That should be what we must immerse ourselves in, else we remain forever consumers. The starting point is to say no to witchcraft. The Chinese are buying more from Chinese makers. Let that sink.