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Top China Phonemaker Wants 70% of Sales From Overseas by 2027 [Yahoo! Finance Canada]

Apple Inc. (AAPL) More Company Research Source: Yahoo! Finance Canada

Last apple inc. earnings: 4/30 04:30 pm Check Earnings Report

US:NASDAQ Investor Relations: investor.apple.com

Most Read from Bloomberg The closely held company already gets more than half of its sales from outside China, Chief Operating Officer Hu Baishan said in an interview on the sidelines of the Boao Asia forum in the tropical Chinese island of Hainan. That will grow to 60% next year and about 70% in 2027, Hu said. “For us, the future definitely lies in overseas markets,” Hu told Bloomberg Television. At Boao, Vivo showcased its newest flagship smartphone, the Vivo X200 Ultra, which will start selling next month. It announced a virtual-reality headset, whose prototype will be ready for testing in August, and a robotics research lab to expand in the field of artificial intelligence. The company grew its shipments in China by more than 10% in 2024, beating Apple Inc. and homegrown rivals Huawei Technologies Co. and Xiaomi Corp. to the top spot, according to research firm IDC. The brands are locked in red-hot competition as replacement demand drives sales in the oversupplied market. [Read more]

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