q3 china news - Search News

Apple is back on top of Huawei in China thanks to iPhone 16

Apple's Q3 China smartphone sales slip, Huawei's soar

Apple's iPhone sales in China in the third quarter of 2024 fell 0.3%, while Huawei surged 42%, data from research firm IDC showed on Friday.

Fortune on MSN · 15h

Apple returned to China’s top 5 smartphone sellers last quarter—but Huawei’s growth dwarfs the competition

Huawei ranked third in China's smartphone market last quarter, according to IDC. Apple returned to the top five, in second place.

Apple returns to top 5 smartphone ranking in China with iPhone 16 as Huawei battle ramps up

Apple returned to the top five ranking of China’s smartphone market, helped by the launch of the iPhone 16, but its growth was still outpaced by Huawei.

China, Mercedes-Benz

EconoTimes · 4h

Mercedes-Benz Q3 Car Earnings Plunge 64% Amid China’s Luxury Market Slowdown

Mercedes-Benz saw its third-quarter earnings in the core car division plummet by 64%, significantly missing analysts expectations. The decline is attributed to shrinking demand for luxury vehicles in China,

Reuters on MSN · 15h

Mercedes car earnings plunge as China shuns luxury

By Andrey Sychev (Reuters) -German premium automaker Mercedes-Benz on Friday said third-quarter earnings in the core car division plunged by 64%, massively missing analysts' estimates, as Chinese consumers continued to cut back on luxury goods in a weakening economy.

DPA International on MSN · 12h

Weakness in China causes Mercedes-Benz's profits to plummet

German carmaker Mercedes-Benz has suffered a sharp drop in profits in the third quarter due to the weakness of the important Chinese market. Mercedes-Benz reported on Friday that it also expects its earnings before interest and taxes (EBIT) and revenue to decline for the full year.

9h

China state fund's unit boosts ETF holdings by $38.3 bln in Q3, state media says

Chinese sovereign fund Central Huijin Investment's asset management unit has boosted its holdings in four exchange-traded ...

Crain's Detroit1h

Slowing EV adoption in China crimps Visteon's Q3 profit

Visteon’s adjusted net income dipped, but the Michigan automotive supplier had strong net sales, benefiting from the market ...

China Briefing1d

Understanding China’s Key Economy Indicators for Q3 2024

China's economy in Q3 2024 reached RMB 94,974.6 billion (US$13,004.3 billion), with the GDP growing by 4.6% year-on-year ...

3don MSN

China's Q3 economic losses from natural calamities surge

China's third-quarter economic losses due to natural disasters, from super typhoons to floods, more than doubled from the ...

14h

China Overseas Land & Investment’s Strong Q3 2024 Performance

China Overseas Land & Investment (HK:0688) has released an update. China Overseas Land & Investment Limited reported a robust ...

Automotive News1d

GM sees China red ink grow in Q3 amid extended sales slump

GM is working to restructure its struggling business in China, where its market share has fallen amid heightened competition, ...

8h

Yum China's Expansion Continues In Slower Economy

Yum China shows strong growth potential despite weak short-term economic conditions in Q3 report, with fair valuation expectations for YUMC stock.

2d

Bank of China to Present Q3 Results Online

Bank of China (HK:3988) has released an update. Bank of China is set to hold an online presentation on October 31, 2024, to discuss its ...

Hosted on MSN6h

Apple's Q3 China smartphone sales slip while Huawei's soar

Apple's iPhone sales in China slightly slipped while rival Huawei posted a 42% surge in the third quarter of 2024, as ...

2h

Merck Q3 Earnings Review: Solid Financials May Be Undermined By New Keytruda Threat

Despite a strong Q2, Merck's stock fell due to concerns over Gardasil and Winrevair. See more on MRK stock and its ...

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