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Apple plans to transition Macs and iPads to OLED displays over the next few years, but a new report out of Korea claims panel suppliers are holding back key investment in next-gen OLED production lines over rising concerns about slumping Mac sales. Apple will launch its first OLED iPads next year and South Korean panel makers intend to use their existing Gen 6 OLED lines to cover Apple's 2024 supply needs. But for iPads and MacBooks after that, Samsung Display and LG Display plan to build Gen 8 production lines, which yield more OLED panels per substrate than Gen 6 lines and are more cost effective. However, according to The Elec, the two panel makers have yet to place orders…
Tech companies have cut back on spending the easiest way that they know how with mass layoffs, but Apple has avoided layoffs so far, with CEO Tim Cook calling it a "last resort."Apple isn't planning for mass layoffsSilicon Valley hired a mass of people during the pandemic to account for increased demand. As the pandemic ended and an economic downturn began, demand for those products waned, and mass layoffs began. Read more...
Tech companies have cut back on spending the easiest way that they know how with mass layoffs, but Apple has avoided layoffs so far, with CEO Tim Cook calling it a "last resort."Apple isn't planning for mass layoffsSilicon Valley hired a mass of people during the pandemic to account for increased demand. As the pandemic ended and an economic downturn began, demand for those products waned, and mass layoffs began. Read more...
Tech companies have cut back on spending the easiest way that they know how with mass layoffs, but Apple has avoided layoffs so far, with CEO Tim Cook calling it a "last resort."Apple isn't planning for mass layoffsSilicon Valley hired a mass of people during the pandemic to account for increased demand. As the pandemic ended and an economic downturn began, demand for those products waned, and mass layoffs began. Read more...
Apple’s revenue from India grew by 50% in the recently concluded fiscal year, according to reports. The company’s steps to increase production and improve its retail footprint in the country could help to sustain this impressive momentum. Apple’s focus on increasing sales in India could reap rich rewards in the long run, thanks to the country’s massive addressable market. Here are some of the key factors that contributed to Apple’s growth in India: • Increased production: Apple has been increasing its production of iPhones in India in recent years. Due to avoiding high import tariffs, shipping, and other factors, this has made its products more affordable and accessible to Indian consumers. • Improved retail footprint: Apple has also been expanding its retail…
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