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China discounts iPhone to cushion Apple from demand blow

SHANGHAI (Technology) – Apple Inc’s discounts on the iPhone 11 in China and the release of a new low-price SE model have put the company in a better position than rivals to weather a coronavirus-related plunge in global smartphone demand. While China, which accounts for roughly 15% of Apple’s revenue, appears to be a rare […]
Tech

Apple delays mass production of 2020 flagship iPhones

(Technology) – Apple Inc is delaying the production ramp-up of its flagship iPhones coming later this year by about a month as the coronavirus pandemic has weakened global consumer demand and disrupted manufacturing across Asia, the Wall Street Journal reported citing people familiar with the matter. Apple is forging ahead with plans to release four […]
Tech

Germany now supports Apple, Google on smartphone contact tracing

BERLIN (Tech) – Germany changed course on Sunday over which type of smartphone technology it wanted to use to trace coronavirus infections, backing an approach supported by Apple and Google along with a growing number of other European countries. Chancellery Minister Helge Braun and Health Minister Jens Spahn told the Welt am Sonntag newspaper that […]
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LG Display posts wider Q1 operating loss

SEOUL (Technology) – South Korea’s LG Display Co Ltd reported its fifth straight quarter of operating losses on Thursday, hit hard as demand for smartphones and televisions slumped due to the coronavirus pandemic. The operating loss for the first quarter ended March widened to 362 billion won (238.37 million pounds), from a loss of 132 […]