Apple Inc. is cutting back production of iPhone 14 Plus and is increasing the output of the more expensive iPhone 14 Pro due to lukewarm demand for the mid-range model, market research firm TrendForce said Tuesday. The share of more expensive iPhone 14 Pro series has increased to 60 percent of the total output from…
Apple Is Cutting Back Production of iPhone 14 Plus Due to Weak Demand: TrendForce
US Boosts Crackdown on China Semiconductor Access
A potential dilemma emerges for Americans helping China advance its semiconductor industry. Will they keep their jobs, or their citizenship? Chinese leader Xi Jinping is vowing to win the U.S.-China tech war—despite sweeping U.S. sanctions. The UK is issuing a threat alert over China, recruiting former British Air Force pilots to train their own force….
Capitol Report (Oct. 17): DeSantis Rises in Polls Despite Martha’s Vineyard Controversy; DOJ Wants Jail Time for Bannon
October 17, 2022
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President Joe Biden is touting his student loan relief plan, which is starting to take applications. But a new poll finds that Republicans gain an edge as voters worry about the economy. Andy Puzder, former CEO of fast food chain Hardee’s and Carl’s Jr., joins us to discuss the impact of the spiraling economy. Early…
IDC Highlights Weak PC Market, Apple Being the Only Exception
Declines continued for the traditional PC market as global shipments totaled 74.3 million units during the third quarter of 2022, the International Data Corporation disclosed. Cooling demand and uneven supply have contributed to a year-over-year contraction of 15.0 percent. However, shipment volumes remained well above pre-pandemic levels when commercial refreshes largely drove PC volumes due…
Apple’s Global Manufacturing Strategy Tilts Towards India With Taiwan Factories Playing Leading Role
Apple’s latest phone model iPhone 14 is set to be produced and assembled in India, with Taiwan-based foundries Foxconn, Wistron, and Pegatron playing key roles. News that Apple has begun assembling iPhone 14 models in India, was released on Sept. 26 and is being seen as another indication that the tech giant’s global production strategy…
Apple Suppliers Slowly Boosting US Presence to Cut China Reliance
Apple Inc. suppliers are gradually establishing new production facilities in the U.S., with a focus on California, to move more manufacturing out of China. What Happened Apple released a supplier list for the financial year 2021, which shows that 48 of the company’s 180 suppliers had some operations in the U.S. as of September 2021….
Apple Is Bringing 5G for iPhone Users in India—but There’s a Catch
iPhone users in India would soon be able to enjoy 5G services on their devices. What Happened There has been some confusion regarding the availability of the 5G network on Apple Inc. devices in India. Airtel, one of India’s telecommunications services companies, has now said that iPhone users in the country would soon be able…
Apple Forced to Change Charger in Europe as EU Approves Overhaul
BRUSSELS—Apple will have to change the charger for its iPhones in the European Union from autumn 2024 to comply with new rules introducing a single charging port for most electronic devices. The reform passed by an overwhelming majority in the European Parliament on Tuesday, the first of its kind anywhere in the world, potentially strengthens…
Apple Supplier Foxconn Posts Record Q3 Revenue: Says ‘Cautiously Positive’ on Q4 Outlook
Apple Inc. supplier Hon Hai Precision Industry Co., Ltd., operating as Foxconn, said the company is “cautiously positive” about the outlook for the fourth quarter. What Happened The company said “the dynamics of inflation, the pandemic, and the supply chain still need to be closely monitored,” and added that the outlook for the entire year…
Top Apple Executive Leaving Company After Making Crude Remarks About Women in Viral TikTok
An Apple spokesperson has confirmed that a top executive is departing the company following backlash over a viral TikTok video in which he made a vulgar comment about women. A spokesperson told CNBC that the tech giant’s vice president of procurement, Tony Blevins, is leaving the company, stating simply that “Tony is leaving Apple.” His departure was first reported by Bloomberg….
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