Apple Tag

16 Apr Xiaomi’s success means more trouble for battered China electric vehicle stocks

Posted at 02:41h in Asia

In stark contrast to Apple’s failed car dreams, Xiaomi and Huawei Technologies are demonstrating early success in transferring their smartphone prowess into the crowded EV market, where rampant price competition is taking a toll.Strong sales of Xiaomi’s ‘game changer’ SU7 turbocharges China’s EV price war“The...

Read More

11 Apr iPhone maker Foxconn considers rotating CEOs in management reshuffle similar to Huawei, sources say

Posted at 03:25h in Asia

Apple supplier Foxconn is considering introducing a rotating chief executive system in a major overhaul of its management structure designed to nurture future talent, three sources briefed on the matter told Reuters.For companies around the world, the rotating chief executive structure is uncommon, but analysts...

Read More

10 Apr TSMC’s sales surge most since 2022 after riding AI chip boom

Posted at 12:43h in Asia

Taiwan Semiconductor Manufacturing Co’s quarterly revenue grew at its fastest pace in more than a year, shoring up expectations that a global boom in artificial intelligence (AI) development is fuelling demand for high-end chips and servers.The main chip maker to Nvidia and Apple reported a...

Read More

05 Apr Apple cut at least 600 jobs when it axed car, smartwatch screen projects

Posted at 03:30h in Asia

Apple laid off more than 600 employees in California as part of the decisions to end its car and smartwatch display projects, according to filings with the California Employment Development Department.The Cupertino, California-based company filed eight separate reports to the state to comply with the...

Read More

04 Apr Taiwanese semiconductor giant TSMC restarts operations after earthquake, easing concerns of chip supply disruption

Posted at 12:30h in Asia

The world’s largest independent contract chip manufacturer, which supplies 90 per cent of the world’s most advanced semiconductors to technology giants like Apple and Nvidia, restarted operations within 10 hours after work was suspended because of the worst earthquake to hit Taiwan in 25 years....

Read More

04 Apr Apple’s ‘next big thing’: home robotics take precedence at iPhone maker after electric car cancelled

Posted at 04:04h in Asia

Apple has teams investigating a push into personal robotics, a field with the potential to become one of the company’s ever-shifting “next big things”, according to people familiar with the situation.Engineers at Apple have been exploring a mobile robot that can follow users around their...

Read More

03 Apr Hong Kong pledges to step up expansion of innovation and technology talent pool, bolstering city’s hi-tech hub ambitions

Posted at 10:30h in Asia

He also cited how China’s 14th five-year plan for 2021-25 supports the city’s “development into an international I&T centre”.Some of the prominent speakers and guests at the 2nd Global Innovation & Technology Summit, held at the Hong Kong Science Park in Sha Tin, on April...

Read More

30 Mar Huawei founder Ren Zhengfei focuses on digital transformation, tech innovation in meeting with PetroChina chairman

Posted at 06:49h in Asia

Ren on Thursday met Dai Houliang, chairman of both the state-owned China National Petroleum Corp (CNPC) and its listed arm PetroChina, in Shenzhen where they discussed “improving corporate governance, digital transformation and intelligent development, as well as scientific and technological innovation”, according to a report...

Read More

29 Mar Smartphone maker Xiaomi makes waves in crowded EV market with its keenly-priced SU7 model

Posted at 11:30h in Asia

Xiaomi has got off to a racing start in the country’s crowded electric vehicle (EV) market, after saying it sold around 50,000 vehicles within half an hour of the launch of its new model, the SU7.The Chinese smartphone and gadget maker, which has been competing...

Read More

27 Mar Apple’s iPhone shipments slumped in February, highlighting why CEO Tim Cook went on a charm offensive in China

Posted at 13:00h in Asia

Apple’s iPhone shipments in China fell by about one third in February from a year ago, according to official state data released Tuesday, a sign that the US tech giant is losing ground to Chinese smartphone brands in the world’s second-largest economy.Apple chief executive Tim...

Read More