Latest news with #AppleInc.
Mint
5 days ago
- Business
- Mint
Vietnam Urges US Business Group to Help in Tariff Talks: Media
Vietnamese Prime Minister Pham Minh Chinh called on a US business group to continue supporting his country's attempt to secure a final tariff agreement with the Trump administration after the two countries basically reached a consensus on the deal's framework, local media reported. Chinh made the request during a Friday meeting in Hanoi with the U.S.-Asean Business Council, The Investor website reported, citing the Vietnamese government's news portal. The group represents companies such as Apple Inc., Boeing Co. and Inc., according to its website. Leaders of the Southeast Asian nation were caught off guard by President Donald Trump's announcement last week that they had agreed to a 20% tariff, Bloomberg News reported. Vietnam seeks to lower the rate, people familiar with the matter said. Read More Vietnam Surprised by Trump Tariff Decision, Seeks Lower Rate Vietnam, which last year had the world's third-biggest trade surplus with the US, was the second country after the UK with which Trump announced a trade agreement. The US president has been issuing tariff letters to dozens of trading partners since then, slapping on duties as high as 50% ahead of an Aug. 1 deadline. Chinh said the two countries had basically reached a consensus on the deal's framework, but he called on the US business group to help Vietnam obtain a reasonable and detailed tariff agreement for individual products and for some groups of goods, The Investor reported. The prime minister urged council representatives to oppose the use of trade defense measures against Vietnamese exports and actions that would undermine bilateral ties between the two countries, according to the report. He also asked companies to push the US to recognize Vietnam as a market economy. This article was generated from an automated news agency feed without modifications to text.
NDTV
7 days ago
- Business
- NDTV
Apple Plans New MacBook Pro, iPhone 17e And iPads By Early 2026
Apple Inc. is planning an ambitious pipeline of new products for release during the first half of 2026, including a new low-end iPhone, multiple iPads and upgraded Macs. The lineup - due by spring of next year - includes updates to Apple's entry-level tablet and iPad Air, as well as an external Mac monitor, according to people with knowledge of the matter. The budget smartphone, dubbed the iPhone 17e, will be a follow-up to a $599 model that Apple launched earlier this year. The company is also working on upgraded MacBook Pros and Airs, said the people, who asked not to be identified because the plans are private. Though those computers were originally slated for a 2025 release, Apple is considering pushing them back to 2026, they said. The new products are part of a push to get back to more consistent revenue growth following this fall's iPhone launch. After a pandemic-fueled sales surge in the early part of the decade, Apple has suffered from spottier demand the past two years. A slower rollout of new models - including iPads - contributed to the slump. A spokesperson for Cupertino, California-based Apple declined to comment. The flurry of early-2026 products is poised to follow the company's typical fall upgrade cycle this year. That wave will include an all-new, slimmed-down iPhone 17, as well as redesigned Pro models. There will be new entry-level and high-end Apple Watches, upgraded iPad Pros and a faster version of the Vision Pro headset. The upcoming entry-level iPads - code-named J581 and J582 - and iPad Air models - code-named J707, J708, J737 and J738 - will be released relatively quickly after the current editions went on sale last March. Apple is aiming to launch the replacement for today's $349, low-end iPad around March or April. The new model will look like the current version but include a faster chip. Today's offering has an A16 processor that was first released in 2022. The new iPad Air models will be upgraded from the M3 chip to the M4 but otherwise have only limited changes. Though they're further ahead in the development process, the devices are on track to launch around the same time as the new low-end models. The iPad Air, the company's mid-tier tablet offering, has been a strong seller for Apple since a 13-inch version debuted in 2024. The combination of an iPad Pro-sized screen and a relatively affordable $800 price tag has made it a hot seller for consumers, businesses and schools. The iPad Pro, which is slated to get the M5 chip as early as October as part of upgrades code-named J817, J818, J820 and J821, currently starts at $999. It hasn't been updated since May of last year. The iPhone 17e will look similar to the 16e model but include the A19 processor to match this year's iPhone 17 line. Today's version has the A18 chip. The new device, code-named V159, is on track for release early next year. The current model was introduced in February. The quick transition from the 16e to 17e indicates Apple is moving to an annual update cadence for its entry-level iPhone, a shift from its prior strategy. The company's preceding iPhone SE line was only updated twice after debuting in 2016. The company had been planning to release new 14-inch and 16-inch MacBook Pros - code-named J714 and J716 - later this year with M5 chips. But Apple is now internally targeting a launch early next year, meaning that the current MacBook Pro release cycle may last a little longer than usual. The timing remains fluid, and Apple previously launched the M1, M3 and M4 MacBook Pros in either October or November. The lone exception during the era of in-house Apple chips was the M2 MacBook Pro, which debuted in January 2023. When they do roll out, the M5 MacBook Pro line will be the last with the current design, which was introduced in 2021. The follow-up models will include new cases and a move to OLED, or organic light-emitting diode, screens. That's the same, higher-contrast display technology that Apple adopted with the iPhone in 2017 and the iPad Pro in 2024. New MacBook Airs - code-named J813 and J815 - are also coming in the first half of next year. And the company is planning its first new Mac external monitor since debuting the Apple Studio Display in 2022. The new version, code-named J427, is currently slated for early 2026 as well. Besides updates to its main products, Apple continues to work on a smart home hub code-named J490. Originally planned for March of this year, the device was delayed indefinitely due to its reliance on new Siri voice assistant features that the company postponed. That device may now arrive in the first half of next year.
India Today
10-07-2025
- Business
- India Today
Education qualifications of Apple's next COO Sabih Khan
Apple Inc. has appointed Sabih Khan as its new Chief Operating Officer (COO), marking a significant milestone in his nearly 30-year career with the tech giant. Khan's academic credentials include dual bachelor's degrees in mechanical engineering and economics from Tufts University, followed by a master's degree in mechanical engineering from Rensselaer Polytechnic Institute (RPI).Khan's educational background has been integral to his success at Apple, where he has managed the company's intricate global supply chain and his tenure at Apple began in 1995, Khan worked at GE Plastics as an applications development engineer, which laid the foundation for his extensive career in operations Moradabad to Silicon Valley Born in Moradabad, Uttar Pradesh, in 1966, Khan relocated to Singapore during his school years. His journey with Apple started in 1995, and over the years, he climbed the corporate ladder to become the Senior Vice President of Operations in 2019. This role was critical in his elevation to Apple's executive leadership contributions to Apple have been substantial, particularly in managing the company's complex supply chain operations. His leadership style is expected to continue shaping Apple's operational strategies as he takes on the role of at Tufts and RPITufts University, where Khan completed his undergraduate studies, is ranked among the top 50 national universities in the United Polytechnic Institute, where Khan pursued his master's, falls between the 601-610 range in the QS World University Global Impact and InnovationApple, based in Cupertino, California, is renowned for its innovative products and services, including the iPhone, iPad, Mac, and Apple Watch, as well as software platforms like iOS and macOS. Founded by Steve Jobs, Steve Wozniak, and Ronald Wayne in 1976, Apple has grown to become one of the most valuable and influential companies COO, Khan will oversee Apple's operations at a time when the company continues to expand its product and service offerings. His experience and expertise are expected to drive further innovation and efficiency within Apple's global appointment as COO reflects Apple's ongoing commitment to leadership and operational excellence, ensuring that its supply chain and product development processes remain at the forefront of the industry.- Ends
Malaysian Reserve
09-07-2025
- Business
- Malaysian Reserve
Apple supplier Lens Technology to debut in Hong Kong after US$607m float
LENS Technology Co., a Chinese manufacturer of touch-screen covers for Apple Inc.'s iPhone, rose in its Hong Kong trading debut after a HK$4.8 billion ($607 million) stock offering in the city. The shares closed at HK$19.84 on Wednesday, up 9.1%. In the stock offering, the shares were priced at the high end of the marketed range, and attracted cornerstone investors such as Xiaomi Corp., UBS Asset Management AG and Oaktree Capital Management. Headed by China's second-richest woman, Lens Technology is the latest China-traded company to set its sights on Hong Kong. Chinese companies have flocked to the city to list their shares amid a rally in the benchmark Hang Seng Index, which is forecast to double to more than $22 billion this year. Lens Technology is the biggest debutant in what was the busiest day for share listings in Hong Kong this year. Wuhan Dazhong Dental Medical Co., Beijing Xunzhong Communication Technology Co., Beijing Geekplus Technology Co. and Fortior Technology Shenzhen Co. all ended the day up. The company, which also makes other components for consumer electronics, saw sales and profit rise at least 20% last year, fueled by demand for smart gadgets. But Lens Technology remained heavily dependent on a few major clients, most notably Apple, which accounted for nearly half of its total sales. 'Lens Tech is one of the few global consumer electronics solution providers with advanced capabilities in both glass and metal processing,' SDICS International Securities analyst Alex Wang wrote in a note. Still, the company faces risks including 'high customer concentration and intensifying industry competition,' according to the note. –BLOOMBERG
India.com
09-07-2025
- Business
- India.com
What is the connection of Apple COO Sabih Khan with Rampur and Moradabad in UP?
Apple Inc. has appointed India-origin executive Sabih Khan as its new Chief Operating Officer (COO), marking a significant step in the company's ongoing leadership transition. Khan, 58, who has been with Apple for three decades and currently serves as Senior Vice President of Operations, will take over from Jeff Williams later this month, the iPhone maker announced in a statement. Before joining Apple's procurement group in 1995, he worked as an applications development engineer and key account technical leader at GE Plastics. What Is Apple COO Connection With Uttar Pradesh? Born in 1966 in Moradabad, Uttar Pradesh, Khan moved to Singapore during his school years before settling in the US. He holds dual bachelor's degrees in economics and mechanical engineering from Tufts University, and a master's in mechanical engineering from Rensselaer Polytechnic Institute (RPI). Sabih Khan's father Saeed Ullah Khan was a resident of Rampur who had settled in Singapore decades ago. Sabih received his primary education there, after which he moved to America and received higher education from there. Sabih Khan's Career In Apple He has spent nearly three decades in key roles across the company. He rose through the ranks to become senior vice president of operations in 2019. Over the past six years, he has led Apple's global supply chain, overseeing planning, procurement, manufacturing, logistics, and product fulfilment. He has also overseen Apple's supplier responsibility programmes that focus on worker protection, education, and environmental sustainability. Apple highlighted his pivotal contribution in 'delivering each of Apple's innovative products to market'. Williams will continue reporting to CEO Tim Cook and overseeing the design team and Apple Watch. Upon his retirement later this year, the design team will report directly to Cook. Until now, Khan served as Apple's Senior Vice President of Operations, reporting to outgoing COO Jeff Williams. He will officially step into the COO role later this month. 'Sabih is a brilliant strategist who has been one of the central architects of Apple's supply chain,' the statement quoted Cook as saying. 'While overseeing Apple's supply chain, he has helped pioneer new technologies in advanced manufacturing, overseen the expansion of Apple's manufacturing footprint in the United States, and helped ensure that Apple can be nimble in response to global challenges.' The CEO also commended Khan for advancing Apple's sustainability goals. 'He has advanced our ambitious efforts in environmental sustainability, helping reduce Apple's carbon footprint by more than 60 per cent,' Cook said. (With Inputs From PTI)
