Shares in Apple have fallen for a second day in a row after reports that Chinese government workers have been banned from using iPhones.
The technology giant's stock market valuation has fallen by almost $200bn (£160bn) in the last two days.
China is Apple's third-largest market, accounting for 18% of its total revenue last year.
It is also where most of Apple's products are manufactured by its biggest supplier Foxconn.
The Wall Street Journal reported on Wednesday that Beijing had ordered central government agency officials to not bring iPhones into the office or use them for work.
The following day, Bloomberg News reported that the ban may also be imposed on workers at state-owned companies and government-backed agencies.
Apple's share price has now fallen by around 6% over the course of two trading sessions in New York.
The reports came ahead of the launch of the iPhone 15, which is expected to take place on 12 September.
There has been no official statement from the Chinese government in response to the reports.
Apple did not immediately respond to a BBC request for comment.
The reports came as tensions between Washington and Beijing remain high.
This year, Washington, along with its allies Japan and the Netherlands, restricted China's access to some chip technology.
China retaliated by restricting exports of two materials key to the semiconductor industry.
Beijing is also reportedly preparing a new $40bn investment fund to boost its chip making industry.
Last week, during US Commerce Secretary Gina Raimondo's visit to Beijing, Chinese tech giant Huawei unexpectedly unveiled its Mate 60 Pro smartphone.
Canada-based technology research firm, TechInsights, said the phone contained a new 5G Kirin 9000s processor, developed for Huawei by China's largest contract chipmaker SMIC.
TechInsights analyst Dan Hutchenson said it "demonstrates the technical progress China's semiconductor industry has been able to make".
This is a "big tech breakthrough for China," investment firm Jefferies said in a research note.
This week, US congressman Mike Gallagher, who is the chairman of the House of Representatives committee on China, called on the Commerce Department to further restrict exports to Huawei and SMIC.
Latest Stories
-
Wontumi’s lawyers secure second surety for GH₵50m bail conditions
32 minutes -
Black Queens second half collapse sees them draw with Côte d’Ivoire
35 minutes -
Investigate National Cathedral Project or risk public disappointment – Dormaahene urges Mahama
49 minutes -
EOCO defends handling of Wontumi, says critics are blowing matters out of proportion
1 hour -
The Principle of End-Consumers-Turned-Suppliers: Rethinking household participation in sustainable waste management systems in Sekondi-Takoradi
2 hours -
Police intercept nearly 6k parcels of suspected Indian hemp on Volta Lake; 3 arrested
2 hours -
Extend trainee allowances to engineering students – IET President tells gov’t
2 hours -
‘Menstruation is not a taboo’: North Tongu DCE champions dignity and access for girls
2 hours -
Revoking Nyaho-Tamakloe’s ‘founding member’ status likely to be considered at NPP NEC meeting – JFK
3 hours -
Wontumi arrest: Posterity will judge you – Afenyo-Markin tells NDC
3 hours -
Wontumi arrest: JFK condemns Dr. Nyaho-Tamakloe’s ‘Where is NPP Chairman’ comments
3 hours -
Bawumia calls for calm amid Wontumi’s detention
3 hours -
Two dead, others injured in Juaso-Nkawkaw Highway crash
3 hours -
We’re disappointed we didn’t see Wontumi – Dr Bawumia
4 hours -
GH₵50m bail deliberately set to block Wontumi’s release – Bawumia
4 hours