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this post was submitted on 15 Apr 2024
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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.