07:07 AM EDT, 07/03/2024 (MT Newswires) -- Apple ( AAPL ) is seeking to convince a Chinese court to remove references to the company's "dominant position" in a court ruling that was in its favor, Bloomberg reported Wednesday, citing excerpts from the petition.

Apple ( AAPL ) is likely trying to downplay its market position in China, where it is a major foreign player competing against local companies such as Huawei Technologies.

In addition to local rivals, the company is contending with a ban on foreign devices in state companies.

Apple ( AAPL ) did not immediately reply to MT Newswires' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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