No more iPhones for Chinese government officials

Marketplace All-in-One

Marketplace

News, Business

4.5 • 1.4K Ratings

🗓️ 7 September 2023

⏱️ 7 minutes

🔗️ Recording | iTunes | RSS

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Summary

China has barred government officials from using foreign-branded devices, according to the multiple published reports. Is the move because China’s own smartphone company is catching up to U.S.-designed ones, or is it a result of still-icy U.S.-China trade relations, especially when it comes to tech? Plus, as part of this week’s global look at real estate, we’ll visit Mumbai.

Transcript

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0:00.0	The iPhone in China gets the Huawei treatment.
0:06.6	I'm David Brankacheo in New York, Apple's expected to unveil its latest iPhone on Tuesday
0:12.0	and some industry observers expect some models to be priced perhaps $100 higher.
0:17.9	Separately, China is reportedly banning iPhones for government officials.
0:23.0	The move comes as China's own smartphone maker Huawei makes progress in matching advanced
0:28.2	Western chip technology.
0:32.2	Neither Apple nor the US government is commenting on a Wall Street Journal report that China
0:36.6	is barring central government officials from using iPhones or other foreign branded devices.
0:42.6	It's unclear how wide-ranging the reported ban is.
0:46.3	China is an important growth market for smartphone makers.
0:49.3	In Apple's last quarter, it accounted for the highest rate of sales growth, 8% year
0:54.1	over year.
0:55.4	The China and the US are engaged in tit-for-tat trade sanctions.
0:59.5	Back-to-back visits this summer from Secretary of State Anthony Blinken, Treasury Secretary
1:03.4	Janet Yellen, and Commerce Secretary Gina Romando have done little to thaw relations.
1:09.1	And Apple, which is expected to unveil its newest iPhone next week amid flagging smartphone
1:14.2	sales, is caught in the middle.
1:16.5	I'm Nova Sofowl, for Marketplace.
1:25.4	We've been keeping an eye on how US cities have been recovering economically from deep
1:54.3	pandemic.
1:55.3	This week, our newsroom partners at the BBC are taking a global look.
1:59.5	India has abundant tech talent, but job opportunities are often concentrated in key cities.
	...

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