Apple


Apple set to hit the road with its own EV

Apple set to hit the road with its own EV

(ATF) Apple blazed a trail on the information superhighway, now it wants to do the same on the actual highway.The iPhone maker plans to be building its own electric cars by 2024, according Reuters. People familiar with the plans said the vehicle could include the Californian company’s own breakthrough battery …

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Wistron’s India episode may land Apple in hot waters

Wistron’s India episode may land Apple in hot waters

(ATF) In the past, the US technology giant Apple, has faced several allegations of labour law violations against its suppliers and vendors in China, and now Apple may have to take responsibility for the violence at its contract manufacturer Wistron's India plant, say sources.A report by the Karnataka government has …

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Look beyond US tech stocks and find value in Asia

Look beyond US tech stocks and find value in Asia

(ATF) Given the extensive economic damage created by the Covid-19 pandemic, it may seem strange that global stock markets are near record highs. This is largely explained by a stunning recovery in the shares of leading technology companies, especially those in the US and China.Three factors are behind the rally …

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Tata plans to build on Apple business 

Apple, Tata join hands to boost handset production

(ATF) India's Tata Group is pivoting to phone components with a new plant that could build on business from Apple to win market share from China. Tata is setting up a globally scalable mobile phone and component contract manufacturing plant in India that will start by making iPhone parts, according …

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Chinese phone makers line up for new Snapdragon 888 chip

Chinese phone makers line up for new Snapdragon 888 chip

(ATF) Qualcomm has launched its latest 5G flagship mobile platform chip, the "Snapdragon 888", which was officially unveiled at the 2020 Snapdragon Technology Summit this week. The new chip has been met with great acclaim by Chinese phone brands, except Huawei, which is not permitted to use it. As Qualcomm’s …

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Foxconn to make iPads, MacBooks in Vietnam

Foxconn to make iPads, MacBooks in Vietnam

Foxconn is moving some iPad and MacBook assembly to Vietnam from China at the request of Apple, a person with knowledge of the plan has revealed, as the US firm diversifies production to minimise the impact of a Sino-US trade war.The development comes as the outgoing administration of US President …

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Huawei knocked off top spot, Xiaomi beats Apple in handset sales

Huawei knocked off top spot, Xiaomi beats Apple in handset sales

(ATF) As the global smartphone market begins to recover, Samsung has become the number-1 brand, but Chinese manufacturers – led by Huawei and Xiaomi – are still taking a big chunk of the pie. Huawei has slipped to second place, while Xiaomi has risen to third spot, ahead of Apple. …

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Apple CEO says China revenue will grow

Apple revenue in China down but Cook confident it will grow

(ATF) On October 30, Beijing time, Apple released its fourth fiscal quarter report as of Sept 26, 2020. The report showed that Apple’s fourth-quarter net revenue was $64.7 billion, a slight increase from $64 billion in the same period last year, and its diluted earnings per share were $0.73.By region, …

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Mixed Apple earnings cloud outlook for China’s Luxshare

Mixed Apple earnings cloud outlook for China’s Luxshare

(ATF) Anticipation of strong earnings from Apple and other technology giants helped US stocks to bounce back on Thursday from this week’s sell-off.When Apple released its fiscal fourth quarter earnings after the market close, there was disappointment at its failure to provide future revenue guidance, even though gross sales were …

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Big Tech's market dominance spurs numerous US probes

Big Tech's market dominance spurs numerous US probes

The US Justice Department is expected to file a lawsuit against Alphabet Inc's Google on Tuesday in what could be just the first in a series of legal salvos against high-profile tech companies.It has been known for more than a year that Amazon.com, Apple and Facebook also face an array …

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