Happy Mid-Autumn Festival from the USC U.S.-China Institute!
Visualizing Apple in China
Apple rolled out new products and services this week, so we look at how important China has been to Apple.
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Apple has sold over 2.2 billion iPhones since 2007, many of them in China. Those iPhones (and iPads, etc.) were assembled in China. But for the US$451 experts estimate it costs to make a new iPhone, only US$14 stays in China: US$7 to Foxconn and US$7 to the workers it employs. The iPhone is not as popular in China as in the past. China's workers and its giant phone market helped Apple become the first company worth US$2 trillion. Just two years ago, Apple sold most of the more expensive phones in China. In 2019, however, Apple only won over 9% of China's buyers.
Please join the USC U.S.-China Institute for a book talk with Professor Carolijn van Noort from the University of West Scotland. Her new book explores how China’s international political communication of the Belt and Road Initiative comprises narratives about infrastructure and the Silk Road.
Please join the USC U.S.-China Institute for a look at the resurgence of classical music in China through the legacy of the Philadelphia Orchestra, from its first performances in the PRC in 1973 until its most recent tour in 2018.