Foxconn may sell newly-founded $8.8B Chinese display factory
Apple assembly partner Foxconn is reportedly considering the sale of an $8.8 billion display panel factory in China in reaction to the ongoing U.S.-China trade war.
Apple assembly partner Foxconn is reportedly considering the sale of an $8.8 billion display panel factory in China in reaction to the ongoing U.S.-China trade war.
In the latest chapter of the ongoing trade war, President Donald Trump has threatened to levy a 10% tariff on electronics from China, including most of Apple's product line, in retaliation for moves by the Chinese government.
Apple's share of the global smartphone market fell year-over-year in the June quarter from 11.3% to 10.1%, attributable by a research firm mostly because of better performance by Chinese vendors and Korea's Samsung.
Following a previous decline in sales, and increases in both exchange rates and rising trade tensions between the U.S. and China, Apple's Tim Cook sees positive signs for the future.
Apple CEO Tim Cook has responded to questions about moving production away from China by saying that he expects the company's global production to continue on its current trajectory, but also that it is investing to increase U.S. manufacturing.
Despite a recent petition, Apple won't get any tariff exemptions for Mac Pro parts made in China, U.S. President Donald Trump said on Friday.
Apple has made a request to the Trump Administration to keep parts used in the new Mac Pro from being affected by import tariffs, a move that aims to keep the cost of the premium macOS workstation as low as possible for its release to consumers in the United States.
A new House bill proposed by Texas Republican Rep. Michael McCaul seeks to make the U.S. more prominent in 5G networking — and specifically to deflect Chinese influence.
Hong Kong residents will finally be able to use their Octopus transit cards in Apple Pay "later this year," Octopus Cards Limited has confirmed, likely alongside this fall's iOS 13.
Following a similar scheme in Bangalore, Apple has begun a Design and Development Accelerator program in Shanghai, which is designed to teach and support local developers.
In an attempt to gain support from mainland Chinese tourists, anti-extradition protesters in Hong Kong are reportedly using Apple's AirDrop feature to distribute digital pamphlets.
After reports that Apple is investigating a production shift out of China, other firms including Sony, Dell and Nintendo are also planning to move manufacturing of devices such as consoles and smart speakers away from the country because of U.S. tariffs.
Supply chain sources claim Apple intends to make an exclusive China iPhone which will drop Face ID and instead use an under-the-screen fingerprint sensor.
Apparently detoothing a U.S. Commerce Department ban, President Donald Trump said on Saturday that American companies can do business with China's Huawei.
Steven Mnuchin says the US and China are close to concluding a deal that would mean an end to the trade war affecting both countries, and if completed soon, would mean that no tariffs would be applied by the federal government on iPhones, Macs, and other tech products.
Consumer electronics — devices like iPhones, iPads, and Macs — will account for about $167 billion of the $300 billion in Chinese imports the government is preparing to level new tariffs on, a trade industry group warned this week.
A Chinese government-backed group called APT 10 could be behind an unprecedented hack that granted high level access to at least ten global telecommunications carriers, permissions that were subsequently used to track specific spies, law enforcement, military personnel and dissidents linked to China.
Apple has formally requested that the U.S. not impose tariffs upon its imported products in a letter, saying that it would greatly impact Apple's business, and unfairly benefit competitors.
Apple's iPhone install base in China continued its fifth consecutive month of year-over-year growth in May, according to Morgan Stanley analyst Katy Huberty.
Apple managed to secure 47% of the global "premium" smartphone market during the March quarter, but falling iPhone shipments helped bring down the segment's overall performance and make Samsung more prominent.
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