The US tech giant is said to be planning to increase output outside China at sites it has shortlisted in India and Vietnam after being hit hard by Covid lockdowns

Texas-based Fintiv claims PayPal infringed five of its digital payment patents and has also accused Apple Pay and Walmart. Read...

The power transfer puts the spotlight on the growing expertise of the local workforce, though major decisions and key tasks are still undertaken at Apple's headquarters in California

Ian Goodfellow, Apple’s director of machine learning, wrote to his staff that ‘more flexibility would have been the best policy’ for the team

Some US companies see a massive decline in revenues this quarter while others see output slashed by half

Luca Maestri, the tech company's financial chief, told analysts that supply-chain issues would hurt sales in the quarter by $4 billion to $8 billion

In China, the world's largest smartphone market, total phone shipments this year are expected to be 300 million units, down from about 325 million units last year

Texas-based Fintiv claims PayPal infringed five of its digital payment patents and has also accused Apple Pay and Walmart

China’s Ministry of Industry and Information Technology says it will assist 666 firms making semiconductors, automobiles and medical supplies to get back to work

Sideloading, the practice of downloading apps without using an app store, is among the reforms lawmakers hope will open up the market

Momentum has gathered on reconditioned models that can be put back on the market, and the recycling of plastics and rare metals used in their manufacture

Meta Platforms is its largest holding at 6.38%, while Roblox, Nvidia and Unity as well as Apple, Snap, Sony and Tencent are among constituents