“Scared” Chinese manufacturers of Western electronics components are being starved of electricity by their own government, causing some to consider leaving the country — and putting a real pinch on this year’s Christmas shopping.
Some of the largest tech companies have decided to respond to the semiconductor shortage by designing their chips internally. Tech analysts and business people have spoken about the semiconductor shortage and how the coronavirus pandemic has severely drained the resources required to make the chips and parts needed for everyday electronic devices.
South Korea’s National Assembly approved legislation on Tuesday that bans app store operators such as Google and Apple from forcing developers to use their in-app payment systems.
Apple CEO Tim Cook will collect the 10th and final installment of a pay deal he received a decade ago in August 2011 when he took the reins former CEO and Apple co-founder Steve Jobs, who died in October 2011.
Apple Inc. has a tried-and-true approach to launching new products: The company designs in-house, sources its own components, and works with a contract manufacturer to assemble it for sale.