The tech executive met Indonesian President Joko Widodo in Jakarta and talked about the possibility of setting up manufacturing in the Southeast Asian nation.

During Tim Cook’s visit, Apple says it will raise investments on suppliers in the Southeast Asian country.

Apple’s smartphone shipments fell about 10 per cent in the first quarter, hurt by intensifying global competition from Android handset makers aiming for the top spot, according to new data from research firm IDC.

Senior Foxconn managers have discussed the rotating CEO plan for several months, three sources with direct knowledge of the matter say.

The company is set to unveil iOS 18, which is expected to be the most ambitious overhaul of the iPhone’s software ever, with the new AI strategy front and centre.

Tim Cook’s appearance at the China Development Forum, Beijing’s answer to the Davos summit, was the latest stop of his jam-packed trip in the world’s largest smartphone market, where Apple is struggling with declining sales.

Apple is in talks with Baidu to bring AI on to iPhones in China, The Wall Street Journal reported. In China, AI tech must be vetted by regulators.

The lawsuit, brought by the US Justice Department and multiple states, accuses the tech giant of making it hard for consumers to switch to cheaper smartphones.

The meeting with BYD and two other mainland suppliers was held ahead of the opening on Thursday of the 57th Apple Store in the US tech giant’s Greater China region.

In a packed Shanghai itinerary, Cook on Wednesday met Chinese video game developers, a filmmaker and the billionaire founder of BYD.

The US tech giant’s latest initiative shows that it remains committed to boosting capital spending in the world’s largest smartphone market, despite sluggish iPhone sales.

The European Union fined the US tech giant for breaking the bloc’s competition laws by unfairly favouring its own music streaming service over rivals.

Honor’s Magic6 Pro and Xiaomi’s 14 Ultra smartphones tout generative artificial intelligence features at mobile communications industry’s biggest trade show.

Apple-authorised retailers are offering steep discounts on the latest iPhone series in China, where the US tech giant faces stiff competition from domestic brands.

Apple plans to disclose more about its plans to put generative artificial intelligence to use later this year, chief executive officer Tim Cook said during the company’s annual shareholders meeting on Wednesday.

Mainland shipments of foldable smartphones reached 7.01 million units last year, up 114 per cent from 3.2 million in 2022, according to tech market research firm IDC.

Jeff Williams was a guest of honour at a gala celebrating the iPhone assembler’s 50th anniversary, also attended by SoftBank CEO Masayoshi Son and Arm boss Rene Haas.

Huawei’s return to form in the world’s largest smartphone market was jump-started by the surprise release last August of its Mate 60 Pro 5G handset.

Shenzhen-based OnePlus on Monday brought back six smartphone models to the world’s fourth-largest economy.

Police have cracked down on Apple ID loan schemes, where interest rates can be crippling compared with more affordable loans from banks.

The mainland smartphone industry’s performance last year marked its first year-on-year growth since 2021.

TSMC, the world’s largest contract chip manufacturer, projected revenue growth of at least 8 per cent to US$18.8 billion in the March quarter.

A price war in mainland China, the world’s largest smartphone market, has intensified amid widening discounts offered for iPhones by online marketplaces.

US tech giant Apple is offering Chinese consumers discounts of up to US$113 on a range of products, from iPhones to MacBooks, in a move to fend off intensifying local competition.

The app’s launch is likely to bolster Apple’s major digital services business in China, which remains the US tech giant’s largest market in terms of App Store-related revenue.

The Apple supplier has set up a new venture in Zhengzhou to sharpen its focus on the electric vehicle industry.

Apple’s high-priced Vision Pro mixed reality headset will be available in its stores from February 2, launching the company’s push to broaden the appeal of what so far has been a niche technology.

Foxconn, the world’s largest electronics contract manufacturer, did not provide an estimate of the quarterly drop, but said the year’s first three months represent an off-peak season for the industry.

Apple has been the world’s most valuable publicly-listed company since July 2022, but has seen about US$177 billion in market value erased so far this year.