Apple plans to begin manufacturing the iPhone 14 in India about two months after the product’s initial release out of China.
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Apple is aiming to hold a launch event on 7 September to unveil the iPhone 14 line, according to people with knowledge of the matter.
China lashed out at the $52-billion programme to expand American chip-making, saying it violates fair market principles.
The divide between the biggest chip makers and those highly dependent on demand for mainstream products is set to worsen.
Mounting concern over semiconductor demand is sending shudders through Asia’s high-tech exporters, which historically serve as a bellwether for the international economy.
Even in an industry famous for its roller-coaster cycles, chip makers are bracing for a particularly severe shift in coming months.
Apple has asked suppliers to build at least as many of its next-generation iPhones this year as in 2021.
Samsung Electronics unveiled its latest high-end foldable smartphones on Wednesday, keeping prices at the same level as last year.
China’s top leadership has grown increasingly frustrated with a years-long failure to develop semiconductors that can replace US circuitry.
Amazon.com will acquire iRobot in an all-cash deal for about $1.7-billion, the robot vacuum cleaner maker said on Friday.