Apple’s golden era in China seems to be ending, but will it become the next Nokia‪?‬ Chat Lounge

It was once the epitome of innovation. Last year, for the first time, Apple became the biggest smartphone vendor by shipments in China, with its market share hitting a record high. But only a few weeks into the new year, there are concerns that it’s losing Chinese consumers quickly. What has happened to Apple? How may Apple CEO Tim Cook’s latest China visit help revive China’s appetite for iPhone? And what does Apple need to do to avoid a Nokia moment?
For more, host Tu Yun joins Andy Mok, a Senior Research Fellow at the Center for China and Globalization, William Lee, the Chief Economist at the U.S.-based Milken Institute, and Dr. Qu Qiang, a Fellow of the Belt and Road Research Center, Minzu University of China for a close look at the issue on this episode of Chat Lounge.