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Apple expected to kick off iPhone 13 production in India starting February 2021 as trials begin

As per the report, 20-30% of the iPhones produced in India are exported to other countries s…

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1 min read

Apple will likely have to cut its iPhone 13 production goals for 2021 due to the global chip shortage

Apple may make 10 million fewer of its newest iPhones than originally planned as the supply-chain d…

Tyler Sonnemaker   


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1 min read

Apple has told suppliers demand for the iPhone 13 is falling ahead of the holidays, Bloomberg reports

The tech giant had already cut its iPhone 13 production target for 2021 by as many as 10 million un…

Huileng Tan   


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2 mins read

Apple and Amazon are warning that supply chain snarls and staffing challenges could dampen the holiday season

Both companies reported weaker-than-expected quarterly earnings and a bleak outlook for the upcomin…

Avery Hartmans   


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2 mins read

Apple falls from record highs as the tech heavyweight reportedly sees slower demand for iPhone 13

Apple is telling suppliers about waning iPhone 13 demand, Bloomberg reported, indicating some consu…

Carla Mozée   


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4 mins read

Apple iPhone 13 series – features, price, release date, design and everything we know so far

The iPhone 13 launch is just around the corner, and the rumour mill has given us plenty to chew on.…

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2 mins read

Apple stock must navigate 'brutal' iPhone supply shortages as China factory protests may cut production by up to 10%, Wedbush says

"In many Apple stores we are seeing major iPhone 14 Pro shortages of up to 35%/40% of typical inven…

Carla Mozée   


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2 mins read

Apple has paid a $13 million fine that will go directly into Russia's state budget as Putin ramps up war spending, report says

The US tech giant paid the 1.18 billion roubles ($13.3 million) fine on January 19, according to a …

Tom Carter   


Grace Dean   


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2 mins read

McDonald's restaurants are open 10% fewer hours than before the pandemic, CEO says

Chris Kempczinski, CEO of McDonald's, told The WSJ the company's 13,000 US locations were open for …

Grace Dean   


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2 mins read

Intel CEO says global chip shortage will not end before 2023

Intel CEO Pat Gelsinger told CNBC late on Thursday that he didn't expect the semiconductor short…

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3 mins read

Moody's warns of 'dark clouds ahead' for the global supply chain as 77% of the world's largest ports face backlogs

The credit rating agency said disruptions "will get worse before they get better." The largest US p…

Grace Kay   


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2 mins read

JioPhone Next launch delayed until Diwali due to chip shortage

The telco added that along with Google it has started testing the JioPhone Next with select us…

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3 mins read

Apple suppliers to invest ₹2,800 cr in UP as iPhone maker to move more manufacturing to India

​​​With Apple eyeing to ramp up manufacturing in India amid Covid-related supply chain issues in Ch…

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2 mins read

McDonald's franchises are offering emergency childcare as a draw for fast-food workers

McDonald's has pledged millions of dollars to support franchisees extend their program of employee …

Stephen Jones   


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Grace Dean   


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2 mins read

A Nantucket restaurant is considering hiring 8th graders because of the lack of available workers amid the US labor shortage

The restaurant's chef told Fox Business that its Nantucket location meant it was worse hit by the l…

Grace Dean   


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3 mins read

The US labor shortage could last months, the Federal Reserve said. It's already causing some companies to limit production and slash operating hours.

Companies are especially struggling to find low-wage hourly workers, truck drivers, and skilled tra…

Grace Dean   


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3 mins read

Worker shortages across Vietnam, Malaysia, and Thailand may lead to big delays in holiday shipping this year

Global supply chain snarls are wracking Southeast Asia as manufacturers face worker shortages due t…

Huileng Tan