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China is expanding its ban on using iPhones in sensitive departments to government-backed agencies and state companies. The Chinese government plans to extend this restriction to state-owned enterprises and other government-controlled organizations. This move could pose a significant challenge for Apple, as China is one of its largest markets. The ban comes at an interesting time, coinciding with the launch of a new high-end smartphone by Chinese manufacturer Huawei, which is being investigated by the US government. Apple’s shares dropped by 2.9% due to reports of the expanded ban.
