WeChat executive order could deal blow to Apple’s £34bn Chinese operations

WeChat executive order could deal blow to Apple’s £34bn Chinese operations

4 years ago
Anonymous $qOHwDUKgAF

https://tech.newstatesman.com/business/wechat-executive-order-apple-china

A US executive order targeting WeChat could backfire by dealing a potentially devastating blow to Apple’s £34bn Chinese operations, analysts have warned.

WeChat’s parent company, Tencent, has sought to play down the impact of the order, which forbids US firms from doing business with it, saying only 2 per cent of its userbase is in America.