What does the Chinese consumer slowdown mean for batteries?
Apple’s (NASDAQ:AAPL) profit warning at the beginning of January has attracted a lot of column inches, not least because of its magnitude. But the other factor that is causing material concern is the worry that China’s consumer may have peaked. It is probably fair to say that Apple seems to have succumbed to two specific factors as well as the general malaise: (1) that at over US$1,000 per headset the iPhone X is one of the most costly handsets at a time when competitor handsets are significantly cheaper, and with the rise of WeChat in China the iOS operating system...
Topics
Batteries
China
Cobalt
EVs
Lithium
Smartphone
