As much as $150 billion annually at stake for Apple, Intel and other US tech companies in China-US trade fight

  • 05/14/2018
  • Source: CNBC
  • by: Evelyn Cheng

U.S. technology companies generate roughly $100 billion to $150 billion in revenues from China annually, Jefferies analysts estimate.

As a result, the Trump administration will likely pursue concessions from Beijing, rather than cut off all tech trade, analysts Edison Lee and Timothy Chau said in a note Monday. " We continue to believe the US will make only highly calculated moves, by factoring in the commercial interest of US tech firms."

Apple and Intel are on a list of 16 U.S. companies that made a total $105.5 billion from China last year, or 23 percent of overall revenues, the analysts said.
 Source: CNBC
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