Apple and Samsung smartphone screen supplier expands Vietnamese production capacity January 11, 2023 Chinese technology group BOE, which supplies both Apple and Samsung, is preparing to build two new factories in Vietnam. The smart display company plans to invest up to £330m ($400m) in its expansion, according to Reuters. It wants to rent up to 100 hectares of land in the northern region, 80 per cent of which will [...]
UK class-action lawsuits against Google, Apple and Sony see value of competition claims surge to £26bn January 9, 2023 The value of UK competition class-actions surged last year, according to new data published today, following the filing of a series of multi-billion-pound claims against some of the world’s biggest tech companies, including Apple, Google and Sony. The value of class-action lawsuits filed in the UK over claims around anti-competitive behaviour surged six-fold over the [...]
Apple share prices plunge, taking valuation below $2tn January 4, 2023 Apple’s shares plummeted in value by three percent yesterday, meaning the the tech giant’s valuation tanked $2tn (£1.66 trillion) for the first time since May 2022. The company’s share value dropped to a price of $130.20 per share yesterday, marking a year-low, and giving the company a valuation of $1.99 trillion (£1.65 trillion) at market [...]
Spotify asks Apple to play nice, tiff between tech giants gets heated December 15, 2022 A podcast featuring Spotify’s CEO called Apple out for making the tech market unfair. Spotify has been campaigning for years to have free and fair market competition in the tech sector and have levelled accusations that Apple is harming developers and other streaming services. Over the years Apple has refused to allow competing app stores [...]
Apple expands data-encryption practices in security push December 7, 2022 Apple plans to to significantly expand its data-encryption practices, allowing users to make photos and notes stored on its iCloud service even more private. The tech giant said it would expanding the end-to-end encryption protections in its iCloud service as the security threats increase across the world. The feature, known as Advanced Data Protection for [...]
Apple expands DIY repair service to UK December 6, 2022 Apple has expanded its iPhone self-repair service to the UK as Brits hoard their phones for longer than ever before. The tech giant said today that the Self Service Repair is now available in eight European countries, providing repair manuals and genuine Apple parts and tools. The service will apply to iPhone 12 and iPhone [...]
Foxconn faces revenue slump after iPhone factory fallout December 5, 2022 Revenues slumped for Foxconn as the iPhone manufacturing partner feels the sting on ongoing unrest over Covid restrictions and pay. The company reported NT$551bn (£14.7bn) in revenue last month, tumbling 29 per cent from October, and 11 per cent on the year before. November is usually a prosperous period for the firm, as it gears [...]
Foxconn boosts efforts to lure in staff as iPhone supply concerns mount December 1, 2022 Apple’s iPhone supplier Foxconn has boosted efforts to lure new employees as unrest continues in the crucial Zhengzhou region. Foxconn is now offering a 1000 yuan award (£117) to any employee that successfully refers a friend or family member to work at the plant. This new employee will need to work at the company for [...]
Mayhem in Chinese hub could mean 6m iPhones losses for Apple November 28, 2022 Mayhem at Apple’s key iPhone hub could mean that six million Pros models are lost this year, in a major blow to the tech firm in the run up to the all-important Christmas period. Production has been stunted by protests at Foxconn Technology’s Zhengzhou production factory over the past few weeks, as well as impending [...]
Foxconn apologises for pay issue after iPhone factory protests November 24, 2022 Apple’s iPhone partner Foxconn has apologised for a pay-related “technical error” when hiring new staff at the Covid battered Zhengzhou plant. Protests erupted this week across the world’s biggest iPhone factory, with videos circulating on social media of workers taking action against strict lockdown measures and pay issues. Foxconn said in a statement this morning: “Our [...]
