Tuesday, February 14, 2023

Apple faces obstacles in move to boost India manufacturing: Report

At a casings factory in southern India run by conglomerate Tata Group, only about half of the components from the production line are in good enough shape to be sent to Apple's supplier Foxconn, FT reported. Apple has been shifting production away from China after the country's strict COVID-related restrictions dented supply chains across industries. https://ift.tt/CFrfVny

US financial regulators are rapidly closing crypto's key routes to the banking system, accelerating since FTX collapsed, pushing the industry to the fringes (Bloomberg)

Bloomberg:
US financial regulators are rapidly closing crypto's key routes to the banking system, accelerating since FTX collapsed, pushing the industry to the fringes  —  Crypto's free pass is getting yanked as the most powerful US financial regulators rapidly close key doors to the country's banking system.



Chinese chip designer Unisoc seeks to raise $1.5 billion in private funding

Unisoc has approached several state-backed investment funds for the round, tapping increased local investor interest in China's domestic chip industry, which is gearing up to be more self-sufficient in the face of U.S. pressure, the people said. https://ift.tt/STxHFdQ

Samsung to use 100% recycled plastics in all its mobile phones by 2050

Samsung Electronics said it aims to broaden the use of eco-conscious materials to all its smartphone products in the coming years. https://ift.tt/lP1VItQ

Epic Games alleges Google not complying with Indian antitrust order

US firm Epic Games is challenging Google in an Indian tribunal for not complying with some portions of an antitrust directive, alleging that the tech giant is not hosting the gaming company's app store on Google's Play Store app. https://ift.tt/xtFaP4C

Sources: the US State Department ordered embassies to push back against foreign influence campaigns, as officials worry anti-US views are taking root worldwide (New York Times)

New York Times : Sources: the US State Department ordered embassies to push back against foreign influence campaigns, as officials worry ...