Reginal Thomas
0
All posts from Reginal Thomas
Reginal Thomas in reginal thomas,

The Ripple Effect Of Apple Losing Market Share In China


With Iphone and Ipad sales severely down in China, telephone accessory makers are feeling the ripple effects. Now cell phone case makers like Magic Kingdom which is based in, Guangzhou, have to scramble to make cases for Samsung (005930) and other phone makers who offer cheaper devices. 

Magic Kingdom CEO Vincent Kwok said "The market is moving toward Samsung and brands from China, so we've enlarged our product line" and went on to add "To focus on Apple is too dangerous".