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The M series of Apple SoC for consumer computers and tablets is made by TSMC. [12] During the 2022 COVID-19 protests in China, Chinese state-owned company Wingtech was reported by The Wall Street Journal to gain an additional foothold in Apple's supply chain following protests at a Foxconn factory in the Zhengzhou Airport Economy Zone. [13]
In July 2022, Apple reported an 11% decline in Q3 profits compared to 2021. Its revenue in the same period rose 2% year-on-year to $83 billion, though this figure was also lower than in 2021, where the increase was at 36%. The general downturn is reportedly caused by the slowing global economy and supply chain disruptions in China. [309]
Apple's CEO just wrapped up a five-day tour of Southeast Asia, stopping by Vietnam, Indonesia and Singapore in a trip that could be an effort by the company to "hedge its supply chain bets" and ...
A Reuters analysis of Apple's supply chain data shows China's prominence in the company's global manufacturing is declining: In the five years to 2019, China was the primary location of 44% to 47% ...
Dan Ives' supply chain checks indicate that consumers like Apple's AI strategy, suggesting that the iPhone 16 cycle could be "a historical one." Apple stock has 26% upside as its AI strategy ...
Apple Inc. has received both praise and criticism for its environmental practices – the former for its usage reduction of hazardous chemicals in its products and transition to clean energy supplies, and the latter for its wasteful use of raw materials in manufacturing, its vigorous opposition to right to repair laws, and the amount of e-waste created by its products.
This story was first published on the Benzinga India portal. In a strategic move to diversify its supply chain away from China, Apple Inc (NASDAQ: AAPL) is reportedly strengthening the amount of ...
To any Mac owner over the past roughly five years: have you ever put much thought into that tiny green light that blinks on whenever the built-in iSight/FaceTime camera turns on? Didn't think so.