Apple Inc AAPL Losing Massive China Market

AAPL Apple Inc Stock Chart 2-12-19

AAPL Apple Inc Stock Chart 2-12-19

Apple iPhone Shipments Dive in China as Huawei Tightens Grip

Apple Inc.’s Chinese smartphone shipments plummeted an estimated 20 percent in 2018’s final quarter, underscoring the scale of the iPhone maker’s retreat in the world’s largest mobile device arena against local rivals like Huawei Technologies Co.

The domestic market contracted 9.7 percent in the quarter, but Apple declined at about twice that pace, research firm IDC said in a report on Monday.

Apple supplier Japan Display to get $700 million bailout from China, Taiwan group: Kyodo

TOKYO (Reuters) – Ailing Apple supplier Japan Display Inc will receive up to 80 billion yen ($723 million) in a bailout from a group of Chinese and Taiwanese investors, Kyodo news agency reported.

A group including China’s state-backed Silk Road Fund and Taiwanese panel maker TPK Holding Co will inject around 60 billion to 80 billion yen, taking a stake of 30-50 percent in Japan Display, Kyodo said, without citing sources.

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U.S. stock futures climb as lawmakers reach tentative shutdown deal

Democratic and Republican lawmakers said late Monday that a deal has been reached to avert another damaging government shutdown.

Desperate to avoid the repeat of such a scenario, GOP negotiators agreed to a border-security deal that will involve far less money for President Donald Trump’s border wall than the White House wanted.

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