Foxconn fine for unauthorised China investment likely to be imposed soon – source
Foxconn, the world’s largest contract electronics maker, is likely to be fined soon by Taiwan’s government for an unauthorised investment in a Chinese chip maker, a person with direct knowledge of the situation said on Monday.
Taiwan seeks to reassure on TSMC commitment to island despite U.S. investment
Taiwan’s economy minister said on Wednesday that the island remains chipmaker TSMC’s most important production base after the company announced it would more than triple planned investment at its new Arizona plant to $40 billion.
Apple supplier Foxconn adjusts production to avoid holiday blues
Apple Inc supplier Foxconn said on Thursday it expected smartphone revenue to fall this quarter and is adjusting production to prevent recent COVID-19 curbs at a massive iPhone factory in China from impacting holiday orders.
Shares dip, dollar strengthens as markets eye U.S. inflation data
Shares dipped slightly and the dollar firmed on Thursday, ahead of U.S. inflation data that will influence the Federal Reserve’s rate plans, while the likely collapse of a major digital asset exchange rattled crypto investors.
Chipmaker TSMC plans Arizona factory expansion
TSMC, the world’s largest contract chipmaker and a major supplier to Apple Inc, said on Wednesday it was constructing a building that could serve as its second chip factory in Arizona in the United States.
Kanye West to buy social media app Parler
American rapper Kanye West, who now goes by Ye, has proposed to buy Parler, the social media platform popular among U.S. conservatives, parent Parlement Technologies said on Monday.
Exclusive: Samsung, SK Hynix to be spared brunt of China chip crackdown by U.S.
The Biden administration plans to spare SK Hynix and Samsung from the brunt of new restrictions on memory chipmakers in China aimed at thwarting Beijing’s technological ambitions and blocking its military advances, sources said.
On news that the business is abandoning ambitions to increase new iPhone production, Apple shares decline!
Apple shares dipped roughly 3% on Wednesday after it was reported that the company has informed suppliers to cancel plans to raise iPhone 14 manufacturing. According to Bloomberg, demand for the new models did not exceed expectations. According to the source, Apple would no longer aim to raise manufacturing by 6 million devices in the […]
Apple to raise App Store prices in some countries in Europe, Asia
Apple Inc (AAPL.O) said on Tuesday it will raise prices of apps and in-app purchases on its App Store from next month in all of the euro zone and some countries in Asia and South America.
Apple plans to cut iPhone 14 production lag between China, India – Bloomberg
Apple Inc (AAPL.O) plans to start making the iPhone 14 in India about two months after its release out of China, in a move that will narrow the gap from the typical six to nine months for previous launches, Bloomberg News reported on Tuesday.
