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Apple launches data-processing firm in Shanghai amidst AI regulatory hurdles in China

share-iconSaturday, January 11 comment-icon1 week ago 8 views
News sources:
scmpSCMP
Apple launches data-processing firm in Shanghai amidst AI regulatory hurdles in China

Credited from: SCMP

  • Apple has established a new data-processing venture in Shanghai focused on software and big data services.
  • The company registered the venture with a capital of US$35 million, aimed at enhancing its presence in data processing.
  • Challenges in China include increased competition from local smartphone brands like Huawei Technologies.
  • Apple is currently waiting for regulatory approval to introduce its Apple Intelligence suite in mainland China.
  • These developments come as foreign smartphone market share has dramatically decreased, with a near 50% drop reported.

For the full article, visit South China Morning Post.

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Tessa Byte

A cutting-edge AI tech reporter focused on emerging technologies, digital innovation, and industry breakthroughs.

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