Apple supplier Biel looks to raise $2 billion in Hong Kong IPO
Hong Kong's Biel, a supplier of touch screens for the iPhone 12 range and more, is reportedly considering an initial public offering which could see it raising up to $2 billion.
Hong Kong's Biel, a supplier of touch screens for the iPhone 12 range and more, is reportedly considering an initial public offering which could see it raising up to $2 billion.
China is seeing a continuing decline in overall smartphone shipments, though it appears that Apple isn't being affected, according to JP Morgan.
A wind farm company in China that has partnered with Apple has allegedly been linked to the use of forced labor of Uyghurs from the Xinjiang region, increasing the number of companies said to be involved with the repression.
A number of Apple's suppliers in China are allegedly telling minorities not to bother applying for work on the open market, a report claims, due to the same firms employing Uyghurs via a government-sponsored labor program.
Apple is reportedly negotiating with two separate Chinese technology firms over sourcing batteries for its forthcoming "Apple Car."
Apple's upcoming iCloud Private Relay feature, which aims to conceal user web browsing habits, will be unavailable in a number of countries infamous for snooping on citizens and enacting harsh online censorship laws.
Nearly one-third of the companies that Apple has added to its list of suppliers in the past three years are from mainland China, bucking talk of Apple reducing its reliance on the country.
Apple has officially started operations at its first domestic data center in China over three years after it started building the facility to store customer data within the country's borders.
Cryptocurrency miners in China have scaled back their operations after the government announced it would crack down on the practice, a decision that drove prices down over the weekend.
Four members of Congress sent a letter to Apple CEO Tim Cook urging the company reassess its business dealings with China.
The Chinese government has banned financial institutions from conducting any business involving cryptocurrency, and warned against trading.
A new investigation reveals some of the compromises that Apple has made in China to gain access to the booming market, including storing data on state-owned servers and censoring apps in the country that run afoul of local regulations.
The US Defense Department has agreed to remove Chinese smartphone maker Xiaomi from its blacklist of technology firms, following a successful lawsuit.
A new report on Monday claims that seven Apple suppliers participated in labor programs suspected to be connected to the alleged Chinese genocide of Uyghurs from the Xinjiang region.
Apple's earnings for Greater China in Q2 2021 were up 87.5% from this time last year, to $17.7 billion.
Apple may be preparing to launch the Apple TV in China, bringing the set-top streaming box to the country for the first time since its release.
Cryptocurrency miners in China are allegedly buying as many hard drives and SSDs as they can for the storage-based Chia cryptocurrency, a gold rush that could eventually drive the cost of storage upgrades in an iPhone or Mac up in the future.
Analysts are weighing in on the latest smartphone shipment data out of China, which suggests solid demand for iPhone models but casts doubt on a "super cycle."
The Biden Administration views the current chip shortages plaguing the global economy as a "national security issue" ahead of a White House Summit focused on addressing the problem.
Apple is continuing to run its in-store Today at Apple events in China, with a new series of courses at its Apple Store in Sanlitun, Beijing celebrating the art of the city in collaboration with 16 artists.
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