this post was submitted on 15 Apr 2024
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Xiaomi picking up the sales Apple lost by moving manufacturing out of China. They had to know that move would tank their Chinese user base.
Xiaomi has been partly manufacturing in India for a while now
But they're Chinese owned, China still gets a cut, a big cut, of the buisness they generate. China gets nothing from Apple.
How would moving manufacturing change Chinese ownership? I don't get your argument.
It doesn't. Which is why Xiaomi still generates money for China while Apple does not.
Then I don't get your opening statement at all.
Also, Apple still manufactures a lot in China, which generates economy through job openings.
Not really a lot. They have some manufacturing, but more than most of it's out of china by now. The chinese economy grows more when chinese citizens buy Xiaomi than it does when they buy Apple, I don't know what's confusing about that. It's like saying buying Ford is better for the American economy than buying a BYD car made in Mexico.
last report i heard apple still produces 90% of iphones in china, 10% in india. do you have drastically different info?
You said:
They haven't abandoned China yet at all, so I initially treated that as a weird explanation for Apple's market share fall, but that doesn't follow either.
What the heck did you mean, then?
And search it up. Most production is in China, and Apple has a much larger volume, hence much more jobs.