More users in the United States downloaded chat app WeChat and another Tencent-owned chat app, QQ, after President Donald Trump threatened to ban WeChat, according to Sensor Tower data on Thursday.
Some Chinese immigrants and expats worry losing access to the popular WeChat could cut off contact with family and friends in China.
"Seeing Chinese investment go through the door, I think it is definitely going to slow down, and they are definitely going to think twice, and I think unfortunately for America, that a lot of the investment may actually go to Europe instead.”
In his latest report, TF International Securities analyst Kuo Ming-chi estimated that global iPhone shipments could drop by 25 to 30 percent if Apple is forced to remove WeChat from its global app store. Besides, the annual shipments of other Apple hardware devices, including AirPods, iPad, Apple Watch, and Mac, will be revised down by 15 to 25 percent.