Thursday, January 20, 2022


Apple breaches US$3 trillion market value again

Apple plans to expand into categories such as self-driving cars and augmented reality as it looks to reduce its reliance on its top-selling iPhones that make up for more than half of its revenue.

Foxconn India plant unlikely to reopen until Jan 7, says govt official

The company, officially known as Hon Hai Precision, has told the Tamil Nadu state government it is working to address Apple's concerns over workers' living conditions.

Apple becomes first US company to hit US$3 trillion market value

On the first day of trading in 2022, the company's shares hit a record of US$182.88 in mid-day trading.

Apple puts India iPhone plant ‘on probation’ after mass food poisoning

Some 250 women working at Foxconn's iPhone factory in the southern Indian state of Tamil Nadu were treated for food poisoning this month, 159 of whom were hospitalised.

Foxconn’s India plant to stay shut this week after protests, say government sources

The unrest at Foxconn is the second such involving an Apple supplier factory in India in a year.

Apple sues Israeli spyware maker for targeting its users

The suit from the Silicon Valley giant adds new trouble for NSO, which was engulfed in controversy over reports that tens of thousands of activists, journalists and politicians were listed as potential targets of its Pegasus spyware.

Apple to start letting people fix their own iPhones

Apple's new Self Service Repair programme will start in the US and be rolled out in other countries during the course of next year, and expanded to include some Mac computers.

Original Apple computer built by Jobs and Wozniak sells for US$400,000

The functioning Apple-1, the great-great-grandfather of today's sleek chrome-and-glass Macbooks, had been expected to fetch up to US$600,000 when it went under the hammer in California.

Apple cuts iPad production to feed chips to iPhone 13, says report

Production of the iPad was down half from Apple's original plans for the past two months, the report said, adding that parts intended for older iPhones were also being switched to the iPhone 13.

Amazon, Apple weighed down by supply and chip troubles

Apple said sales of its signature iPhone and iPad were held back due to supply constraints, while Amazon struggled to get products and enough workers to meet demand.

Apple likely to slash iPhone 13 production due to chip crunch, says report

Shares of Apple fell 1.2% in after-hours trading, while Texas Instruments and Broadcom were both down about 1%.

Facebook ad business hit by new Apple privacy rules

The move by Apple earlier this year has sparked a rift with Facebook and other tech rivals and could have major implications for data privacy and the mobile ecosystem.

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