00:13:54 EDT Sat 12 Jul 2025
Enter Symbol
or Name
USA
CA



Apple CDR (CAD Hedged)
Symbol AAPL
Shares Issued 10,350,000
Close 2024-11-26 C$ 34.42
Market Cap C$ 356,247,000
Recent Sedar Documents

Globe/NYT say Apple sees Huawei release advanced phone

2024-11-27 08:23 ET - In the News

The Globe and Mail reports in its Wednesday edition that last year, tech giant Huawei catapulted to the top of the smart phone market in China when it released the Mate 60 Pro, a phone that contained a tiny computer chip more advanced than any previously made by a Chinese company. A New York Times dispatch to The Globe says that the chips used by Huawei's smart phones have become a symbol in the struggle between China and the United States for control over advanced technology. Policy-makers in Washington have spent years trying to prevent Chinese companies from being able to make the kind of chip Huawei uses in its Mate phone. Shoppers in China were excited to buy a phone with state-of-the-art components that had been made entirely at home. Huawei was able to appeal to Chinese customers who previously would have been more likely to buy iPhones, eating into Apple's most important market outside the U.S. On Tuesday, Huawei unveiled the next generation of that phone, the Mate 70 series, from its offices in Shenzhen. Powered by its homegrown operating system, HarmonyOS Next, the Mate 70 series has artificial-intelligence-enabled functions, including improved photography, live transcription and translation of phone calls.

© 2025 Canjex Publishing Ltd. All rights reserved.