Happy Lunar New Year from the USC US-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.
Subscribe to our weekly newsletter to get them delivered straight to your inbox!
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.
Featured Articles
We note the passing of many prominent individuals who played some role in U.S.-China affairs, whether in politics, economics or in helping people in one place understand the other.
Events
Ying Zhu looks at new developments for Chinese and global streaming services.
David Zweig examines China's talent recruitment efforts, particularly towards those scientists and engineers who left China for further study. U.S. universities, labs and companies have long brought in talent from China. Are such people still welcome?