Apple to increase its investment in China, Tim Cook says
5 months ago

Apple to increase its investment in China, Tim Cook says

China Daily  

Apple to increase its investment in China, Tim Cook says By Cheng Yu chinadaily.com.cn Updated: Oct 23, 2024 Consumers select products at an Apple store in Chengdu, Sichuan province, Feb 23, 2024. Tim Cook, CEO of Apple Inc, said the company will continue to increase investment in China and contribute to the industrial and supply chains, as he met with China's top industry regulator on Wednesday. In a meeting with the Minister of Industry and Information Technology Jin Zhuanglong on Wednesday, Cook said that Apple is willing to actively seize the opportunities of China's opening-up to the outside world. Cook said that Apple will continue to increase investment in China and contribute to the high-quality development of the industrial and supply chains.

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History of this topic

Apple to keep investing in China 'in a big way'
2 days, 9 hours ago

Apple to keep investing in China 'in a big way'

China Daily  

Jeff Williams, Apple's chief operating officer, talks with Wang Laichun, chairwoman and founder of electronics manufacturer Luxshare Precision, in a factory in Changshu, Jiangsu province, on Tuesday. Apple will continue to invest in China "in a big way", as the country is a central part of the US tech company's critical supply chain, said Jeff Williams, Apple's chief operating officer, …

Apple to Invest $500B in US as Tariff Threats Loom
1 month ago

Apple to Invest $500B in US as Tariff Threats Loom

Deccan Chronicle  

Apple announced Monday that it plans to invest more than $500 billion in the United States over the next four years, including plans to hire 20,000 people and build a new server factory in Texas.The move comes just days after President Donald Trump said Apple CEO Tim Cook promised him that the tech giant’s manufacturing would shift from Mexico to …

Apple joins slew of companies touting more US jobs. How Much is new?
1 month ago

Apple joins slew of companies touting more US jobs. How Much is new?

Live Mint  

iPhone boxes carry a stamp saying they are designed by Apple in California. Apple’s new jobs promises are slightly ahead of the company’s recent four-year pace, and the spending pledge is roughly on track with its recent investments, according to a Wall Street Journal analysis. Last month, Trump adviser and artificial-intelligence executive Elon Musk publicly questioned whether a $500 billion …

Apple announces $500 billion investment in US amid tariff threats that could affect the iPhone
Top News
1 month ago

Apple announces $500 billion investment in US amid tariff threats that could affect the iPhone

The Hindu  

Apple announced Monday that it plans to invest more than $500 billion in the United States over the next four years, including plans to hire 20,000 people and build a new server factory in Texas. The move comes just days after President Donald Trump said Apple CEO Tim Cook promised him that the tech giant’s manufacturing would shift from Mexico …

Apple announces $500 billion investment in US amid tariff threats that could affect the iPhone
1 month ago

Apple announces $500 billion investment in US amid tariff threats that could affect the iPhone

Associated Press  

NEW YORK — Apple announced Monday that it plans to invest more than $500 billion in the United States over the next four years, including plans to hire 20,000 people and build a new server factory in Texas. The move comes just days after President Donald Trump said Apple CEO Tim Cook promised him that the tech giant’s manufacturing would …

Apple announces $500 billion investment including huge AI factory
1 month ago

Apple announces $500 billion investment including huge AI factory

The Independent  

Sign up to our free weekly IndyTech newsletter delivered straight to your inbox Sign up to our free IndyTech newsletter Sign up to our free IndyTech newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Apple will spend $500 billion on investments in the US – including a …

Apple, facing tariffs on Chinese imports, says it will invest $500 billion in US facilities
1 month ago

Apple, facing tariffs on Chinese imports, says it will invest $500 billion in US facilities

CNN  

New York CNN — Apple said Monday it will invest $500 billion on expanding US facilities over the next four years, a move that could help it avoid new tariffs on goods imported from China. And the company will double its investment in its US Advanced Manufacturing Fund to $10 billion to promote “advanced manufacturing and skills development throughout the …

"Squishy": Apple's $500B investment comes amid tariff threat
1 month ago

"Squishy": Apple's $500B investment comes amid tariff threat

Salon  

Apple revealed a plan on Monday to spend $500 billion in the United States over the next four years, an announcement touted as the company's “largest-ever spend commitment.” But it may not be as impressive as it seems. Andrew Ross Sorkin, co-anchor of CNBC’s "Squawk Box" and a financial columnist for The New York Times, described Apple’s monetary pledge as …

Apple to hire 20,000 people, invest $500 billion in the U.S. amid Trump tariffs
1 month ago

Apple to hire 20,000 people, invest $500 billion in the U.S. amid Trump tariffs

LA Times  

People walk past the Apple store in the Americana at Brand shopping center in Glendale. Apple said Monday that it plans to invest $500 billion in the United States, hire 20,000 people and open a new manufacturing factory in Texas over the next four years. “We are bullish on the future of American innovation, and we’re proud to build on …

Apple, facing tariffs on Chinese imports, says it will invest $500 billion in US facilities
1 month ago

Apple, facing tariffs on Chinese imports, says it will invest $500 billion in US facilities

CNN  

New York CNN — Apple said Monday it will invest $500 billion on expanding US facilities over the next four years, a move that could help it avoid new tariffs on goods imported from China. And the company will double its investment in its US Advanced Manufacturing Fund to $10 billion to promote “advanced manufacturing and skills development throughout the …

Apple announces $500bn investment in the US
1 month ago

Apple announces $500bn investment in the US

Al Jazeera  

The move comes on the heels of threats by US President Donald Trump to impose tariffs that would make iPhones made overseas more expensive. The move, announced on Monday, comes just days after US President Donald Trump said Apple CEO Tim Cook promised him that the tech giant’s manufacturing would shift from Mexico to the US. The announcement is similar …

iPhone component maker Murata plans to shift supply chain to India, China trying to block move
1 month, 1 week ago

iPhone component maker Murata plans to shift supply chain to India, China trying to block move

Firstpost  

Other than material constraints, China has also limited the movement of Apple’s Chinese technicians to India, restricting the transfer of expertise that could accelerate India’s manufacturing capabilities India’s manufacturing push is showing results, with forecasts suggesting that by 2025, more than 20 per cent of global iPhone production will come from the country. Image Credit: Reuters Murata Manufacturing, a key …

iPhone component maker Murata plans to shift supply chain to India, China trying to block move
1 month, 1 week ago

iPhone component maker Murata plans to shift supply chain to India, China trying to block move

Firstpost  

Other than material constraints, China has also limited the movement of Apple’s Chinese technicians to India, restricting the transfer of expertise that could accelerate India’s manufacturing capabilities India’s manufacturing push is showing results, with forecasts suggesting that by 2025, more than 20 per cent of global iPhone production will come from the country. Image Credit: Reuters Murata Manufacturing, a key …

Alibaba to partner with Apple on AI features
1 month, 2 weeks ago

Alibaba to partner with Apple on AI features

Deccan Chronicle  

Alibaba will partner with Apple to support iPhones' AI services offering in China, its chairman said on Thursday, a move likely to help the U.S. company ease falling smartphone sales in its key market. While Apple's phones outside China utilize a combination of its proprietary Apple Intelligence and OpenAI's ChatGPT, Tsai did not specify whether the Alibaba partnership would follow …

New import tariffs could make Apple products more expensive in US
1 month, 3 weeks ago

New import tariffs could make Apple products more expensive in US

India Today  

Apple fans in the US might soon have to dig deeper into their pockets as the company faces a new 10 per cent tariff on products imported from China. The tariff, imposed by the Donald Trump-led US government, applies to all goods arriving from China and could lead to price hikes for iPhones, iPads, Macs, and other Apple devices. While …

Apple’s iPhone sales during the holiday season slipped despite a highly anticipated AI rollout
Trending News
1 month, 4 weeks ago

Apple’s iPhone sales during the holiday season slipped despite a highly anticipated AI rollout

The Hindu  

Apple on Thursday disclosed its iPhone sales dipped slightly during the holiday-season quarter, signaling a sluggish start to the trendsetting company’s effort to catch up to the rest of Big Tech in the race to bring artificial intelligence to the masses. Apple’s iPhone year-over-year shipments in China declined nearly 10% in the most recent quarter, while native companies Huawei and …

Apple’s iPhone sales during the holiday season slipped despite a highly anticipated AI rollout
1 month, 4 weeks ago

Apple’s iPhone sales during the holiday season slipped despite a highly anticipated AI rollout

New Indian Express  

SAN FRANCISCO: Apple on Thursday disclosed its iPhone sales dipped slightly during the holiday-season quarter, signaling a sluggish start to the trendsetting company’s effort to catch up to the rest of Big Tech in the race to bring artificial intelligence to the masses. The iPhone’s roughly 1% drop in revenue from the previous year’s October-December period wasn’t entirely unexpected, given …

Apple’s iPhone sales during the holiday season slipped despite a highly anticipated AI rollout
1 month, 3 weeks ago

Apple’s iPhone sales during the holiday season slipped despite a highly anticipated AI rollout

Associated Press  

SAN FRANCISCO — Apple on Thursday disclosed its iPhone sales dipped slightly during the holiday-season quarter, signaling a sluggish start to the trendsetting company’s effort to catch up to the rest of Big Tech in the race to bring artificial intelligence to the masses. Apple’s iPhone year-over-year shipments in China declined nearly 10% in the most recent quarter, while native …

Why Trump's tariff wars may hurt Apple & TSMC's partnership
1 month, 3 weeks ago

Why Trump's tariff wars may hurt Apple & TSMC's partnership

Firstpost  

Although Trump’s tariff plans have targeted several industries, his focus on semiconductors is particularly concerning for Apple. Trump has long pushed for reshoring manufacturing to the US, and his latest comments indicate that he plans to achieve this through tariffs rather than incentives President Trump’s proposed tariffs could have a significant impact on Apple’s ongoing partnership with Taiwanese chipmaker TSMC. …

Apple CEO Tim Cook committed massive investment, more jobs in the US, says Pres Trump
2 months, 1 week ago

Apple CEO Tim Cook committed massive investment, more jobs in the US, says Pres Trump

Firstpost  

Trump revealed that he had spoken with Apple CEO Tim Cook, who reportedly committed to a major investment in the country. While Apple hasn’t revealed exactly what this new investment will look like, it’s clear that the company is focusing more on US-based operations Apple has always been a big supporter of creating jobs and manufacturing in the United States. …

Apple dethroned as top smartphone seller in China, replaced by Vivo & Huawei
2 months, 1 week ago

Apple dethroned as top smartphone seller in China, replaced by Vivo & Huawei

Live Mint  

Apple has been replaced as the highest smartphone seller in China as rivals Vivo and Huawei overtook the US-based company after annual shipments in the country declined to 17% in 2024, the New York Post reported, citing data from research firm Canalys. Market share in China Smartphone maker Vivo captured a market share of 17% in 2024, while Huawei had …

Apple no longer the best selling smartphone brand in China, loses crown to Vivo
2 months, 1 week ago

Apple no longer the best selling smartphone brand in China, loses crown to Vivo

Firstpost  

Vivo emerged as the market leader in 2024, claiming 17 per cent of China’s smartphone market, while Huawei closely followed with a 16 per cent share. Research from Canalys reveals that Apple’s shipments in China dropped by 17 per cent in 2024, marking its largest-ever annual decline in the region. Vivo and Huawei surge ahead Vivo emerged as the market …

China trying to slow Apple's supply chain expansion in India, Vietnam, blocks critical materials & machinery
2 months, 1 week ago

China trying to slow Apple's supply chain expansion in India, Vietnam, blocks critical materials & machinery

Firstpost  

India has quickly becoming a major hub for iPhone assembly, tapping into its large, affordable workforce and government incentives. Rare earth minerals and high-precision tools used in Apple’s manufacturing means it’s nearly impossible for Apple to completely cut ties with China. Image Credit: Reuters, Reuters Apple’s efforts to shift its supply chain away from China are hitting some roadblocks, as …

Apple AI in China: In talks with Tencent, ByteDance to roll out AI features, sources say
3 months, 1 week ago

Apple AI in China: In talks with Tencent, ByteDance to roll out AI features, sources say

The Hindu  

Apple is in talks with Tencent and TikTok owner ByteDance about integrating their artificial intelligence models into iPhones sold in China, according to three sources familiar with the matter. ChatGPT is not available in China and the country's regulatory requirements mandate that generative AI services obtain government approval before public release, forcing Apple to seek local partners for its AI …

Apple moves to work closely with Chinese partners
3 months, 3 weeks ago

Apple moves to work closely with Chinese partners

China Daily  

Apple CEO Tim Cook attends the opening of a new flagship Apple store in Shanghai in March. CHINA DAILY BEIJING — The second China International Supply Chain Expo, which concluded on Saturday, offered visitors a rare chance to peep into the complex supply chain of Apple Inc, which staged a joint show with four select Chinese suppliers at its booth. …

Apple moves to work closely with Chinese partners
3 months, 3 weeks ago

Apple moves to work closely with Chinese partners

China Daily  

Apple CEO Tim Cook attends the opening of a new flagship Apple store in Shanghai in March. CHINA DAILY BEIJING — The second China International Supply Chain Expo, which concluded on Saturday, offered visitors a rare chance to peep into the complex supply chain of Apple Inc, which staged a joint show with four select Chinese suppliers at its booth. …

Apple moves to work closely with Chinese partners
3 months, 3 weeks ago

Apple moves to work closely with Chinese partners

China Daily  

A view of Apple's booth during the second China International Supply Chain Expo in Beijing on Nov 26. WANG JING/CHINA DAILY This was his third visit to China this year, sending a clear signal that Apple is continuing to strengthen supply chain cooperation with the world's second-largest economy. Apple's supply chain is truly global, with products designed in California and …

Building Apple products has become a side hustle for China’s biggest EV maker
3 months, 3 weeks ago

Building Apple products has become a side hustle for China’s biggest EV maker

Live Mint  

Apple products say on the box “assembled in China," leaving the mystery of who did the assembling. BYD, known globally as Tesla’s most formidable EV competitor, has a second business manufacturing electronics, and it has grown to assemble more than 30% of Apple’s tablets, according to industry executives and analysts. Cook said on Chinese social media that BYD was among …

Apple CEO Tim Cook visits China again, this time to remove hurdles blocking Apple Intelligence
4 months ago

Apple CEO Tim Cook visits China again, this time to remove hurdles blocking Apple Intelligence

Firstpost  

Apple Intelligence has been facing some major regulatory hurdles in China, mainly because of the way the country handles user data, and forces companies working there to share all data with the CCP This marks Cook’s third visit to China in 2024, underscoring the importance of the region to Apple’s operations. File image Apple CEO Tim Cook is back in …

Top executives in Beijing for supply chain expo
4 months ago

Top executives in Beijing for supply chain expo

China Daily  

The booth of Apple Inc at the China International Supply Chain Expo. WANG JING/CHINA DAILY Tim Cook, CEO of Apple Inc, reaffirmed the critical role of China's supply chains in supporting the US tech giant during his recent visit to China, aligning with other multinational companies in committing to the Chinese market and integrating more deeply into global industrial and …

Apple ramps up components manufacturing in India to avoid Trump's Chinese tariffs
4 months ago

Apple ramps up components manufacturing in India to avoid Trump's Chinese tariffs

Firstpost  

Apple’s has been working for years to expand its supply chain away from China and into India. The company is now evaluating potential suppliers to determine which components can be locally sourced Tim Cook at the opening of Apple's first retail store in India, in BKC, Mumbai. Image Credit: Reuters Apple is stepping up its efforts to shift component manufacturing …

China’s iPhone city pivots to manufacturing EVs as India emerges as new Apple smartphone hub
4 months, 1 week ago

China’s iPhone city pivots to manufacturing EVs as India emerges as new Apple smartphone hub

Firstpost  

With Apple winding up from China and increasing assembling of iPhone in India, Chinese city, Zhengzhou is now gradually becoming a manufacturing zone of EVs. Aim to produce over 1.5 million new EVs in 2025 In September this year, Zhengzhou Mayor He Xiong said that the city plans to produce over 1.5 million new energy vehicles in 2025. The Nikkei …

Apple’s Sales in China Are Stalling. What Will It Sacrifice to Turn Things Around?
5 months ago

Apple’s Sales in China Are Stalling. What Will It Sacrifice to Turn Things Around?

Wired  

“Our objective is to move as fast as we can, obviously, because our objective is always to get features out there for everyone. We have to understand the regulatory requirements before we can commit to doing that and commit a schedule to doing that.” In this context, Apple’s decision to open up its biggest research center outside of the US …

Apple CEO to Increase Investment in China, Boosting Tech Ecosystem
5 months ago

Apple CEO to Increase Investment in China, Boosting Tech Ecosystem

China Daily  

Apple CEO Tim Cook pledges to increase investment in China, highlighting the importance of the Chinese market to the American tech giant. During his Beijing visit, Cook met with China's Minister of Industry and Information Technology Jin Zhuanglong, discussing topics including Apple's development in China, online data security management and cloud services.

Apple breaks out of recent sales slump as it gears up to make its leap into the AI craze
7 months, 3 weeks ago

Apple breaks out of recent sales slump as it gears up to make its leap into the AI craze

Associated Press  

Apple snapped out of a prolonged sales slump during its most recent quarter as the trendsetting company prepares to launch into the artificial intelligence craze with an arsenal of new technology that’s expected to juice demand for its next iPhone. Sales of the iPhone — Apple’s marquee product — remained on a downward slope though, dipping 1% from last year …

Foxconn to invest 1b yuan in new headquarters
8 months ago

Foxconn to invest 1b yuan in new headquarters

China Daily  

The logo of Foxconn is seen at Longhua district, Shenzhen, Guangdong province, Sept 3, 2022. Foxconn Technology Group, the world's largest electronics manufacturing contractor, plans to invest 1 billion yuan to establish a new business headquarters in Zhengzhou, Henan province, as it has signed a strategic partnership with the provincial government. With a construction area of approximately 70,000 square meters, …

Apple records highest growth as the global PC market continues its recovery in Q2 2024
8 months, 2 weeks ago

Apple records highest growth as the global PC market continues its recovery in Q2 2024

The Hindu  

The global PC market delivered its second quarter of growth following seven consecutive quarters of decline. Worldwide shipments reached 64.9 million units in the second quarter of 2024 with the overall market benefitting from commercial refresh cycles, hype around AI PCs and promotional activity from consumer-oriented brands, IDC shared in a blog post. While there is buzz around AI, a …

For Apple’s AI push, China is a missing piece
9 months, 1 week ago

For Apple’s AI push, China is a missing piece

Live Mint  

Apple’s presentation on artificial intelligence this month offered examples of how American iPhone users could soon enjoy AI tools such as a custom emoji generator. OpenAI’s ChatGPT and other Western AI models aren’t available in China, and that is prompting Apple to look for a Chinese partner to help offer its Apple Intelligence services, said people in the industry. Apple …

Execs, experts endorse nation's pursuit of cutting-edge growth
10 months, 1 week ago

Execs, experts endorse nation's pursuit of cutting-edge growth

China Daily  

Business titans' backing Tim Cook, CEO of Apple, said in an interview with China Daily that China's sharpened focus on cultivating new quality productive forces "is essential", adding "it is the future". Highlighting that "Apple and China grew together over the past three decades, a symbiotic kind of relationship both enjoyed," Cook said Apple's Chinese suppliers now have the most …

India emerged as the most preferred market for tech giants: Apple CEO Tim Cook
10 months, 3 weeks ago

India emerged as the most preferred market for tech giants: Apple CEO Tim Cook

Deccan Chronicle  

New Delhi: India has become a key market for global tech giants, with a burgeoning developer base attracting significant attention. Tim Cook, CEO of Apple, expressed his contentment with India's growing developer community, underlining Apple's holistic approach covering everything from developer support to market strategies and operational efficiency. MoS Electronics and Technology, Rajeev Chandrasekhar tweeted that the CEO of Apple, …

Apple suffers steepest sales fall in a year amid China iPhone slump
10 months, 3 weeks ago

Apple suffers steepest sales fall in a year amid China iPhone slump

The Independent  

Sign up to our free weekly IndyTech newsletter delivered straight to your inbox Sign up to our free IndyTech newsletter Sign up to our free IndyTech newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. “We are also raising our quarterly dividend for the 12th year in a row.” The revenue decline …

Here's what Tim Cook said after seeing Apple's growth in March quater in India
10 months, 3 weeks ago

Here's what Tim Cook said after seeing Apple's growth in March quater in India

India TV News  

During an analyst call announcing its fiscal 2024 second quarter results with revenue of $90.8 billion, Apple's CEO, Tim Cook, shared that the company experienced strong double-digit growth in India in the March quarter. Cook said that the company is continuing to expand its channels and also working on the developer ecosystem in India as well. Cook said that the …

Apple CEO Tim Cook reveals plans to invest more in Vietnam as part of its China Plus One Policy
11 months, 1 week ago

Apple CEO Tim Cook reveals plans to invest more in Vietnam as part of its China Plus One Policy

Firstpost  

Apart from India, Apple is also investing heavily into Vietnam as it continues to move away from China under its China Plus One Policy. During his recent visit to Vietnam, Apple CEO Tim Cook announced that the company will invest more in its supply chain in Vietnam As Apple continues to move away from China as part of its China …

Apple CEO says that he wants to increase investments in Vietnam
11 months, 1 week ago

Apple CEO says that he wants to increase investments in Vietnam

Associated Press  

HANOI, Vietnam — Apple CEO Tim Cook said Tuesday that he wants to further increase investment in Vietnam a day after the company announced it would spending on suppliers in the Southeast Asian manufacturing hub. The company began looking at moving its production to countries like Vietnam, and more recently India, after shutdowns to fight COVID-19 in China repeatedly disrupted …

Apple to move half of its supply chain from China to India, employ 5 lakh people in 3 years
11 months, 2 weeks ago

Apple to move half of its supply chain from China to India, employ 5 lakh people in 3 years

Firstpost  

Apple and its ecosystem has directly created 1,50,000 jobs in India and an additional 3,00,000 jobs when we consider indirect jobs. As Apple plans to move half of its supply chain to India from China, Apple plans to create 5,00,000 direct jobs Apple, who have already created 1,50,00 direct jobs through its ecosystem, plans to employ about 5,00,000 people in …

Apple tumbling in China, iPhone shipments in February fell by about one-third from a year ago
11 months, 3 weeks ago

Apple tumbling in China, iPhone shipments in February fell by about one-third from a year ago

Firstpost  

Apple’s sales in China continue to slide. Apple’s iPhone shipments in China, plummeting by approximately one-third compared to the previous year. In January of 2024, Apple saw a 39 per cent year-on-year decrease Apple’s fortune continues to be on precarious ground in China. Official state data released on Tuesday indicates a significant decline in Apple’s iPhone shipments in China, plummeting …

Apple CEO highlights Chinese supplier's contribution to carbon emission reduction
1 year ago

Apple CEO highlights Chinese supplier's contribution to carbon emission reduction

China Daily  

Shoppers look at products at an Apple Store on Nanjing Road Walkway in Shanghai on Aug 23, 2023. Tim Cook, CEO of Apple, highlighted that the company's Chinese suppliers have made a significant contribution to carbon emission reductions. The largest carbon emissions are from the supply chain and the customer uses, and Apple has set its goal to be carbon …

China has a ‘critical’ role in Apple’s business, says CEO Tim Cook, pledges more investment
1 year ago

China has a ‘critical’ role in Apple’s business, says CEO Tim Cook, pledges more investment

Firstpost  

Apple CEO Tim Cook said in a statement that China plays a critical and vital role in their global business. Image Credit: Reuters Tim Cook, Apple’s CEO, emphasized the significance of China to the company’s operations during his recent visit to the country, where there are indications of waning interest among consumers in iPhones and American technology. Cook has been …

Apple CEO: China's supply chain is most critical to firm
1 year ago

Apple CEO: China's supply chain is most critical to firm

China Daily  

Apple CEO Tim Cook and Wang Chuanfu, CEO of BYD, at Apple's Shanghai office on March 20, 2024. Cooperation: Nation's advantage in manufacturing highlighted There's no supply chain in the world more critical to Apple than that of China, Apple CEO Tim Cook said in an interview with China Daily in Shanghai on Wednesday, as the senior executive highlighted the …

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