Apple’s Enterprise in China Might be Impacted by $28 Billion in China if US Stays WeChat Ban: Report

News Snapshot:

Picture for Illustration. (Image Supply: Reuters) China is Apple’s third-largest market the place it amassed about $44 billion in web gross sales in 2019. IANS Final Up to date: August 18, 2020, 11:53 AM IST The US ban on WeChat, a messaging, social media, and digital fee software owned by the Chinese language firm Tencent Holdings Ltd, can impression Apple enterprise as much as price $28 billion, a report stated on Monday. Other than the ban order on Chinese language short-video-making app TikTok, US President Donald Trump additionally issued one other similarly-worded govt order towards WeChat. “The WeChat ban might...