Apple shares plummet on China bans ...News

Russia Today - Economy
Apple shares plummet on China bans
source : Russia Today ( News ) () 24
Beijing has reportedly barred government officials from using iPhones or any other foreign-brand devices Apple's market value has fallen by nearly $200 billion after reports that China has banned government workers from using iPhones or any other foreign devices for work purposes, or bringing them into the office. Shares in Apple fell almost 3% on Thursday and are down 6.4% over the last two days. Several major suppliers of the US tech giant have also seen their stocks plummet. Taiwan's TSMC, the world's biggest contract chipmaker and a major Apple supplier, has lost over 2%, while shares in ASE Technology Holding

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