Chinese smartphone companies tout AI features ahead of Apple Intelligence launch
Publishing timestamp: 2024-10-23 11:22:44
Summary
Honor and Huawei are focusing on AI features in their latest smartphones, putting pressure on Apple in the Chinese market. Apple is expected to launch Apple Intelligence but only for users outside of mainland China and the EU. Honor's new Magic 7 smartphone will have advanced AI capabilities and will use Qualcomm's Snapdragon Elite 8 chip. Apple's iPhone 16 Pro Max has seen a slight drop in value on second-hand platforms in China.
Sentiment: MIXED
Tickers: 1810-HK, BIDU, QCOM, AAPL,
Keywords: markets, baidu inc, stock markets, qualcomm inc, apple inc, xiaomi corp, market insider, business news,
Source: https://www.cnbc.com/2024/10/23/chinese-smartphones-tout-ai-ahead-of-apple-intelligence-launch.html