Forward-looking: While the US and China are still clashing over silicon supremacy and economic sanctions against the Middle Kingdom's technology industry, South Korea has won some important concessions through Washington diplomacy. The Asian giant will continue to do business and make chips in China, at least for now.
Apple's love for China isn't being reciprocated by its government
What just happened? China is following Russia's lead in banning iPhones from certain government offices. According to a new report, the country plans to expand the ban on Apple devices beyond sensitive departments to government-backed agencies and state companies. The Cupertino giant's shares were down 9% on the back of the news.