Apple designs and sells consumer electronics and personal computers, and also operates retail stores and streaming service Apple TV+. It is one of the world’s biggest companies and the second-largest mobile phone-maker after Samsung.
The Taiwanese company, formally known as Hon Hai Precision Industry, has been diversifying its business outside mainland China, as tensions rise between Washington and Beijing.
The company says it reached the milestone in the second quarter, with most devices sold outside China.
China’s smartphone market saw a 5 per cent bump in sales volume during the Singles’ Day shopping festival, driven by demand for handsets from local tech champion Huawei.
The International Supply Chain Expo kicks off next week and is expected to show progress in China’s self-sufficiency drive as ‘de-risking’ becomes more prevalent in a time of geopolitical uncertainties.
Honor is bringing in a new chairman as part of efforts to pursue an initial public offering, according to a Chinese media report.
New Delhi will provide subsidies under a scheme to boost domestic manufacturing and strengthen the South Asian country’s bid to become a major hub in the global electronics supply chain.
Xiaomi returns to revenue growth in third quarter as it targets more AI enhancements to its smartphones.
The M3 Max MacBook Pro offers an upgrade on the Apple M2 Max’s already world-beating processing power, graphics, audio and battery life, and leads the market in laptop CPUs and GPUs.
Smartphone sales in China rose 11 per cent in the first four weeks of October compared to last year, in the latest sign that the market is recovering from an eight-month slump , as top domestic brands beat rival Apple in growth.
The current production capacity for Huawei’s Mate 60 Pro 5G smartphone cannot meet demand, resulting in wait time for orders of up to three months.
Foxconn-made LEO satellites took off aboard a SpaceX rocket from southern California on Saturday in a bet on corporate and government use.
Apple supplier Luxshare Precision to invest an additional US$330 million in planned plant in Vietnam as US tech giant’s supply chain diversification continues.
The Ai Pin is designed to be worn on clothing, and users can interact with it using voice and a laser system that projects text on the hand.
China’s largest chip maker helped Huawei build the advanced processor for the new Mate 60 Pro-series 5G smartphones.
Wozniak hospitalised with vertigo-like symptoms in Mexico City.
Xiaomi CEO Lei Jun said sales of the flagship phone, running Qualcomm’s latest Snapdragon 8 Gen 3 chipset, topped 1 million in less than two weeks.
Top labels such as Burberry, Chanel, Christian Dior and Gucci among fakes seized, while three people arrested.
Apple has delayed development work on next year’s software updates for the iPhone, iPad, Mac and other devices so that it can root out glitches in the code, according to people with knowledge of the decision.
While the specific size of the job cuts is not known, reports by Chinese local media said the planned lay-offs are expected to affect hundreds of jobs at Pico.
Apple’s CEO Tim Cook expresses optimism about China, stating that iPhone demand was strong in the face of rising competition and regulatory challenges.
Proportion of India-made iPhones is expected to reach 20 to 25 per cent of the total next year if production expansion goes smoothly, with China output shrinking, TF analyst says.
Rising sales in China drove US chip giant Qualcomm to better-than-expected earnings in the past quarter, prompting the company to make a target-beating revenue forecast for the current quarter.
Apparel makers and factory owners who shifted their production to Southeast Asia are now moving back to the mainland. Rising wages have reduced the region’s cost competitiveness.
The M3 chip line-up, which marks the first time Apple has moved to advanced 3-nanometer manufacturing technology, can handle graphics processing more efficiently, the company says.
Honor reclaimed the top smartphone vendor spot in the third quarter with an 18 per cent share and total shipments of 11.8 million units, as the mainland market posted a modest decline.
Chinese authorities are conducting tax audits and reviewing land use by Taiwan’s Foxconn Technology Group on the mainland, state media reported over the weekend.
JD.com said its user orders and overall transaction volume grew over four times last year’s figures within 10 minutes of its promotion’s start on Monday. Its campaign runs through November 13.
Nvidia and AMD, which also plans to make chips for PCs with Arm technology, could sell those chips as soon as 2025, sources say.
Apple’s new iPhone 15 handset is being discounted on Chinese e-commerce sites in the run up to Double 11 sales festival and amid stiff competition from Huawei’s Mate 60 Pro.