Apple has warned its component suppliers that demand for the iPhone 13 lineup has weakened ahead of the holiday season, Bloomberg said. Apple had already cut its goals for production by 10 million down from 90 million units, Bloomberg said, based on supply shortages of components that have affected everything from cars to computers. Apple had initially told its suppliers it expected output...
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Opinion Asia Policy
China’s Tech Crackdown Is a Geopolitical Play
It hardly bears repeating that 2021 was a rough year for China’s platform companies. The firehose of new regulations and rolling crackdowns on everything from data security to overseas listings cost Chinese shares—including those of Didi, Meituan, Pinduoduo, JD.com, Tencent, and ByteDance—42% of their cumulative value in the U.S. and Hong Kong. Not so long ago, China held up...
China Plans to Require Big Internet Firms to Gain Approvals for Deals
Beijing Olympics Covid-Tracker App Has Security Flaws
NFT Gaming Company Animoca Brands Raised $360 Million at $5 Billion Valuation
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