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☆ Adobe unveils new image generation tools in AI push
▼ + stars: | 2023-10-10 | by ( Stephen Nellis | ) www.reuters.com time to read: +2 min

Image-generating technology from firms like Midjourney and Stable Diffusion have threatened Adobe's customer base of creative professionals who use its tools like Photoshop. The new generation of tools announced on Tuesday will include a feature called "Generative Match". Like Adobe's earlier tool, it will allow users to generate an image from a few words of text. "Some amount of photography is going to move to virtual photography, where you're generating from whole cloth. Adobe on Tuesday also rolled out tools that generate vector graphics, which can easily be resized and are commonly used for logos and product labels, as well as tools for generating templates for brochures and other items.

Persons: Dado Ruvic, Ely Greenfield, Greenfield, Stephen Nellis, Sonali Paul Organizations: REUTERS, Adobe, Reuters, Thomson Locations: San Jose , California, San Francisco

☆ Apple updates iPhone 12 software to address France's radiation testing
▼ + stars: | 2023-10-10 | by ( Stephen Nellis | ) www.reuters.com time to read: +2 min

Apple has disputed the findings of French regulators who said that the iPhone 12, which has been on the market for three years, gave off more than permissible amounts of radiation and halted sales of the device. On Tuesday, Apple gave its fullest explanation yet of the discrepancy between France's findings and those in other countries where the iPhone 12 has been approved for sale. In a statement, Apple said that the iPhone 12 is still safe to use even without the software update. "We want all iPhone 12 users to know that iPhone 12 is safe to use and always has been. IPhone 12 was certified to meet applicable worldwide energy transmission regulations and standards when it first shipped in 2020 and no changes have been made since then that would affect energy transmission," Apple said in the statement.

Persons: Apple, iPhones, Chavi Mehta, Sriraj Kalluvila, Lisa Shumaker, Sandra Maler Organizations: Apple, L'Agence Nationale des, Thomson Locations: France, Bengaluru

☆ RISC-V group says restrictions on open technology would slow innovation
▼ + stars: | 2023-10-09 | by ( Stephen Nellis | ) www.reuters.com time to read: +2 min

The comments come after Reuters last week reported that a growing group of U.S. lawmakers are calling on the Biden administration to impose export control restrictions around RISC-V, the open-source technology overseen by the RISC-V International nonprofit foundation. RISC-V technology can be used as an ingredient to create chips for smartphones or artificial intelligence. In a blog post, Calista Redmond, chief of RISC-V International, which coordinates work among companies on the technology, said RISC-V is no different than other open technology standards like Ethernet, which helps computers on the internet talk with each other. Redmond wrote that RISC-V has drawn contributions in equal measure from North America, Europe and Asia. "Having access to open standards allows companies to innovate faster and spend their time creating differentiated products, rather than trying to reinvent the wheel."

Persons: Florence Lo, Biden, Calista Redmond, Redmond, Stephen Nellis, Matthew Lewis Organizations: REUTERS, V, Reuters, V International, U.S, Qualcomm, Google, Huawei Technologies, Arm Holdings, San, Thomson Locations: U.S, North America, Europe, Asia, San Francisco

At issue is RISC-V, pronounced "risk five," an open-source technology that competes with costly proprietary technology from British semiconductor and software design company Arm Holdings (O9Ty.F). RISC-V can be used as a key ingredient for anything from a smartphone chip to advanced processors for artificial intelligence. The RISC-V technology came from labs at the University of California, Berkeley, and later benefited from funding by the Pentagon's Defense Advanced Research Projects Agency (DARPA). Its executives said in August they believe RISC-V will speed up chip innovation and transform the tech industry. Jack Kang, vice president of business development at SiFive, a Santa Clara, California-based startup using RISC-V, said potential U.S. government restrictions on American companies regarding RISC-V would be a "tremendous tragedy."

Persons: Florence Lo, Joe Biden's, Marco Rubio, Mark Warner, Mike Gallagher, Biden, Michael McCaul, McCaul, " Rubio, Warner, Jack Kang, Kang, Kevin Wolf, Akin Gump, Barack Obama, Wolf, Max A, Cherney, Stephen Nellis, Will Dunham, Kenneth Li Organizations: REUTERS, U.S ., Arm Holdings, Republican, Democratic, Reuters, Commerce Department, People's, CCP, Chinese Communist Party, House Foreign Affairs, of Industry, Security, Commerce, University of California, Pentagon's Defense, Research Projects Agency, DARPA, HUAWEI, Huawei Technologies, Qualcomm, Google, Thomson Locations: China, U.S, Beijing, People's Republic of China, Communist China, Swiss, Berkeley, United States, SiFive, Santa Clara , California, San Francisco

☆ US lawmakers press White House for tougher enforcement of China chip rules
▼ + stars: | 2023-10-06 | by ( Stephen Nellis | ) www.reuters.com time to read: +2 min

REUTERS/Florence Lo/Illustration/File Photo Acquire Licensing RightsOct 6 (Reuters) - Two senior Republican lawmakers in the U.S. House of Representatives on Friday pressed the Biden administration for tougher enforcement of export controls on sending advanced computing chips and the tools to make them to China. "The October 7 rules and SMIC’s growing capabilities reveal a stagnant, obscured bureaucracy that does not understand China’s industrial policy, does not understand China’s military goals, and does not understand technology at all - and does not have the will to act," McCaul and Gallagher said in the letter. The lawmakers urged the Biden administration to update the rules and take immediate action against Huawei and SMIC. Reuters reported this week that the Biden administration has warned China it plans to update the rules. Reporting by Stephen Nellis in San Francisco Editing by Matthew LewisOur Standards: The Thomson Reuters Trust Principles.

Persons: Florence Lo, Biden, Jake Sullivan, Michael McCaul, Mike Gallagher, McCaul, Gallagher, Stephen Nellis, Matthew Lewis Organizations: REUTERS, U.S . House, National, House Foreign Affairs Committee, Huawei Technologies, China's Semiconductor Manufacturing International Corp, HK, Huawei, SMIC, U.S, Reuters, National Security Council, Bureau of Industry, Security, Commerce Department, San, Thomson Locations: China, U.S, San Francisco

CEO Sam Altman has made the acquisition of more AI chips a top priority for the company. Meta's (META.O) custom chip effort has been beset with issues, leading the company to scrap some of its AI chips, according to a Reuters report. OpenAI's main backer, Microsoft (MSFT.O), is also developing a custom AI chip that OpenAI is testing, The Information has reported. Demand for specialized AI chips has soared since the launch of ChatGPT last year. Nvidia is one of the few chipmakers that produces useful AI chips and dominates the market.

Persons: Dado Ruvic, OpenAI, Sam Altman, Altman, Bernstein, Stacy Rasgon, Anna Tong, Stephen Nellis, Max A, Kenneth Li, Stephen Coates 私 Organizations: REUTERS, FRANCISCO, Reuters, Nvidia, Microsoft, Google, Amazon.com, Annapurna Labs, Devices Locations: WASHINGTON, San Francisco

A smartphone with a displayed Intel logo is placed on a computer motherboard in this illustration taken March 6, 2023. Programmable chips sit between Intel's general purpose chips and chips that are designed for a single task and used in everything from encrypting data to 5G wireless telecommunications equipment. Intel said Sandra Rivera, an Intel veteran, will oversee the new unit, which will keep using Intel's factory to make its chips. Programmable chips are used in defense applications such as fighter jets. The deal follows Intel's earlier moves to sell its memory chip unit to SK Hynix and take public part of its Mobileye self-driving car chip unit.

Persons: Dado Ruvic, Sandra Rivera, Rivera, Pat Gelsinger's, Michael Ashley Schulman, Stephen Nellis, Samrhitha, Shilpi Majumdar, David Gregorio 私たち Organizations: REUTERS, Intel, Nvidia, Devices, SK Hynix, Taiwan Semiconductor Manufacturing, Running, Capital Advisors Locations: Taiwan, North America, San Francisco, Bengaluru

☆ LinkedIn taps AI to make it easier for firms to find job candidates
▼ + stars: | 2023-10-03 | by ( Stephen Nellis | ) www.reuters.com time to read: +3 min

LinkedIn CEO Ryan Roslansky attends the Viva Technology conference dedicated to innovation and startups, at the Porte de Versailles exhibition center in Paris, France June 17, 2022. LinkedIn has more than 950 million members, the vast majority of whom do not pay for the service. Its primary businesses is charging money to recruiters and marketing and sales professionals for access to its trove of data. Ryan Roslansky, LinkedIn's chief executive, told Reuters that in an age when job titles are changing rapidly, LinkedIn is trying to encourage hiring people whose skills fit the job requirements, regardless of title or education. "For the majority of the world, you're going to find that those tasks are going to be augmented by AI, so your role is going to need to adapt a little bit," Roslansky said.

Persons: Ryan Roslansky, Porte, Benoit Tessier, Roslansky, Stephen Nellis, Stephen Coates Organizations: Viva Technology, Porte de, REUTERS, Microsoft, LinkedIn, Reuters, Ivy League, Google, Thomson Locations: Paris, France, OpenAI, Minneapolis, San Francisco

REUTERS/Dado Ruvic/Illustration Acquire Licensing RightsSept 28 (Reuters) - Apple (AAPL.O) on Thursday asked the U.S. Supreme Court to strike down an order requiring changes to its App Store rules stemming from an antitrust case brought by "Fortnite" owner Epic Games. After the ruling, the trial court judge ordered that Apple must change those rules for all developers in its U.S. App Store. The U.S. Ninth Circuit Court of Appeal upheld the orders, though they remain on hold until the Supreme Court either makes a decision or declines to hear the case. Epic on Wednesday also appealed lower court rulings in the Apple case. The Supreme Court will likely decide either late this year or early next year whether to hear the case.

Persons: Dado Ruvic, Apple, Stephen Nellis, Leslie Adler Organizations: Apple, REUTERS, U.S, Supreme, Epic Games, Ninth Circuit, Constitution, Thomson Locations: California, U.S, San Francisco

A smartphone with a displayed Meta logo is placed on a computer motherboard in this illustration taken February 23, 2023. She is leaving her position at the end of the month but not immediately leaving the company, one of the sources said. Meta on Wednesday introduced the company's first generative AI products for consumers, including a chatbot that can generate both text responses and photo-realistic images. Some of the company's initial efforts proved slower than using existing chips, leading the company to scrap some of its AI chips. Meta is working on a newer chip that will span all types of AI work.

Persons: Dado Ruvic, Alexis Black Bjorlin, Yee Jiun, Black Bjorlin, Katie Paul, Stephen Nellis, Kenneth Li, Lisa Shumaker Organizations: REUTERS, Meta, Broadcom, Intel, Nvidia, Reuters, Thomson

REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsSept 27 (Reuters) - Epic Games on Wednesday asked the U.S. Supreme Court to review the antitrust case it brought against Apple (AAPL.O), hoping to reverse lower court rulings that have found the iPhone maker has not violated antitrust laws. In 2021, a trial court ruled Apple's App Store does not break antitrust laws. But the lower court said a provision that prevents developers from providing users with a link to other third-party payment methods violated a California unfair competition law. Epic's filing on Wednesday asked the U.S. Supreme Court to clarify several complex areas of antitrust law. Epic has argued the trial court performed that legal balancing test incorrectly.

Persons: Dado Ruvic, Apple, Stephen Nellis, Daniel Wallis Organizations: Apple, REUTERS, Wednesday, U.S, Supreme, Ninth Circuit, Thomson Locations: California, San Francisco

REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsSept 27 (Reuters) - Micron Technology (MU.O) forecast first-quarter revenue above Wall Street estimates on Wednesday, powered by demand for its memory chips from the rapidly growing artificial intelligence sector. But the Idaho-based chipmaker forecast a wider than expected first-quarter loss as it prepares to ramp up production of new product lines. Micron said Wednesday that it expects to start production of lucrative high-bandwidth memory, which is used in many AI chips, next year. Micron expects adjusted revenue of $4.40 billion, plus or minus $200 million, for the current quarter, compared with estimates of $4.20 billion, according to LSEG data. Revenue for the fourth quarter stood at $4.01 billion, compared with estimates of $3.91 billion.

Persons: Dado Ruvic, Sanjay Mehrotra, Samrhitha, Shounak Dasgupta, Josie Kao Organizations: REUTERS, Micron Technology, SK Hynix, Micron, Revenue, Thomson Locations: Idaho, China, Bengaluru

☆ Oracle to use Ampere's newest chips in its cloud offering
▼ + stars: | 2023-09-20 | by ( Stephen Nellis | ) www.reuters.com time to read: +1 min

REUTERS/Brendan McDermid/File Photo Acquire Licensing RightsSept 19 (Reuters) - Oracle (ORCL.N) said on Tuesday that it would use Ampere Computing's flagship processor chips in its cloud computing service, in a boost to the chip company that has filed for an initial public offering. Ampere aimed to create chips that are designed to be more energy efficient than traditional processors from Intel and Advanced Micro Devices (AMD.O), both of which have subsequently announced offerings that compete with Ampere's chips. Oracle is a major investor in Ampere and was among the first cloud companies to adopt its chips in 2021. Ampere said last month that Alphabet's (GOOGL.O) Google Cloud unit would offer its newest chips, which feature computing cores custom designed by Ampere. Cloud computing companies are among the largest purchasers of chips, buying them en masse and renting them out to software developers.

Persons: Brendan McDermid, Ampere, Taiwan's TSMC, Renee James, Stephen Nellis, Jamie Freed Organizations: Oracle Corporation, New York Stock Exchange, REUTERS, Oracle, Intel, Arm Holdings, Devices, Google, Thomson Locations: New York City, U.S, Ampere, San Francisco

☆ Qualcomm enters new Wi-Fi router market in deals with Charter, EE
▼ + stars: | 2023-09-20 | by ( Stephen Nellis | ) www.reuters.com time to read: +2 min

A smartphone with a displayed Qualcomm logo is placed on a computer motherboard in this illustration taken March 6, 2023. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsSept 20 (Reuters) - Qualcomm (QCOM.O) on Wednesday said it was getting into a new market for Wi-Fi routers and that Charter Communications (CHTR.O) and the UK's EE will be among its first customers. San Diego, California-based Qualcomm is the world's biggest supplier of the chips that help mobile phones connect to cellular data networks, but it has also long had a business selling Wi-Fi chips for consumer Wi-Fi routers. EE and Charter, which goes by the name Spectrum in the broadband market, said they will both use routers from Qualcomm starting next year. Qualcomm did not disclose the price of the acquisition, saying it too small to be material to its financial results.

Persons: Dado Ruvic, Rahul Patel, Stephen Nellis Organizations: Qualcomm, REUTERS, Communications, Netflix, Reuters, OptiCore Technologies, Thomson Locations: San Diego , California, San Francisco

☆ Enovix buys Korean battery maker RouteJade in cash and stock deal
▼ + stars: | 2023-09-20 | by ( Stephen Nellis | ) www.reuters.com time to read: +1 min

Sept 20 (Reuters) - Enovix (ENVX.O), a Silicon Valley firm developing new battery technology for consumer electronics such as mobile phones, said on Wednesday it has acquired Korean battery maker RouteJade in a cash-and-stock deal. Enovix said it paid $16.5 million in cash and 6.2 million shares of common stock for RouteJade, which had previously been a supplier to Enovix. Enovix Chief Executive Raj Talluri told Reuters that the deal will help Fremont, California-based Enovix vertically integrate its battery manufacturing operations as it scales up a factory in Malaysia next year. With the deal, "we are able to really take advantage of all the new materials coming out and quickly run them through R&D and manufacturing, so we can change our battery composition quickly," Talluri said. Enovix is developing a technology that can replace part of a battery called an anode, traditionally made out of graphite, with silicon instead.

Persons: Enovix, Raj Talluri, Talluri, That's, Stephen Nellis, Matthew Lewis Organizations: Enovix, Reuters, HK, Lenovo Group, San, Thomson Locations: Silicon, Korean, Fremont , California, Malaysia, Malaysian, San Francisco

The capability, which Intel showed off during a software developer conference held in Silicon Valley, could let businesses and consumers test ChatGPT-style technologies without sending sensitive data off their own computer. It is made possible by new AI data-crunching features built into Intel's forthcoming "Meteor Lake" laptop chip and from new software tools the company is releasing. Intel said on Tuesday that it was building a new supercomputer that would be used by Stability AI, a startup that makes image-generating software. China's Alibaba Group Holdings (9988.HK) is using its newest central processors to serve up chatbot technology, Intel said. If Intel Chief Gelsinger can make AI "so that anyone can use it, that creates a much bigger market for chips – the chips that he makes," Hutcheson said.

Persons: Arnd, Taylor Swift, Pat Gelsinger, Gelsinger, Sachin Katti, Dan Hutcheson, TechInsights, Hutcheson, Stephen Nellis, Max Cherney, Peter Henderson, Lincoln, Josie Kao Organizations: Intel Corporation, REUTERS, JOSE, Intel, ., Taiwan Semiconductor Manufacturing, Nvidia, Stability, Alibaba, Holdings, Meta, Reuters, Thomson Locations: Davos, Switzerland, California, Silicon Valley, HK, San Francisco, San Jose , California

☆ US lawmaker to urge chip industry group to reduce China investments -source
▼ + stars: | 2023-09-19 | by ( Stephen Nellis | ) www.reuters.com time to read: +2 min

REUTERS/Nathan Howard/File Photo Acquire Licensing RightsSept 19 (Reuters) - The chair of the U.S. House of Representatives' committee on China is planning to meet with a semiconductor industry group to express concerns over U.S. investments in China's chip industry, according to a source familiar with the matter. The group represents major chip firms such as Nvidia (NVDA.O) and Intel (INTC.O), whose sales to China have been affected by recent changes in U.S. export rules. The source added that Gallagher also aims to talk with the group about reducing the number of semiconductor manufacturing machines that could be sent to China. Also among the planned discussion topics is U.S. investment in Chinese chip firms, according to the source. A representative for the Semiconductor Industry Association declined to comment.

Persons: Mike Gallagher, Nathan Howard, Biden, Gallagher, Stephen Nellis, Nick Zieminski, Rosalba O'Brien Organizations: Republican U.S . Rep, U.S, Capitol, REUTERS, U.S . House, Representatives, Republican, Semiconductor Industry Association, Nvidia, Intel, Qualcomm, San, Thomson Locations: Washington , U.S, China, San Francisco

☆ Microsoft says product chief Panay to step down; Davuluri to lead Windows
▼ + stars: | 2023-09-18 | by ( ) www.reuters.com time to read: +1 min

Sept 18 (Reuters) - Microsoft's (MSFT.O) Pavan Davuluri will lead a team focused on Windows software, devices portfolio and semiconductor chips, the company said on Monday, while announcing the departure of longtime product chief Panos Panay. The team led by Davuluri will "build silicon, systems and devices that span Windows, client and cloud for an AI world," according to a staff email by Rajesh Jha, executive vice president of experiences and devices group at Microsoft. Davuluri will report to Microsoft Chief Executive Officer Satya Nadella, the email said. Microsoft is also creating a team to work on web services and Windows experiences with a focus on AI-based offerings. Reporting by Yuvraj Malik in Bengaluru and Stephen Nellis in San Francisco; Editing by Anil D'SilvaOur Standards: The Thomson Reuters Trust Principles.

Persons: Pavan, Panos Panay, Davuluri, Rajesh Jha, Redmond, Satya Nadella, Yuvraj Malik, Stephen Nellis, Anil D'Silva Organizations: Microsoft, Reuters, Thomson Locations: Panay, Washington, Bengaluru, San Francisco

☆ Chip startup UltraSense enters deal with Korean automotive supplier
▼ + stars: | 2023-09-18 | by ( Stephen Nellis | ) www.reuters.com time to read: +1 min

A view of cars on the road during rush hour traffic jam, in San Francisco, California, U.S. August 24, 2022. UltraSense makes a chip that uses ultrasound waves to detect when a person has tapped on a solid surface. Daniel Goehl, UltraSense's chief business officer, told Reuters that automotive companies are experimenting with replacing traditional control buttons with solid panels of metal or wood, especially in high-end models. Under the deal announced on Monday, Mobase, a supplier to Korea's automotive industry, will use UltraSense chips in button bars it supplies to automakers. San Jose, California-based UltraSense's Goehl declined to say which vehicles will contain his company's chips, but said they will show up in "high-tier" models from Korean automakers.

Persons: Carlos Barria, UltraSense, Daniel Goehl, Byeong, Goehl, there'll, Stephen Nellis, Will Dunham Organizations: REUTERS, UltraSense Systems, Reuters, Thomson Locations: San Francisco , California, U.S, Jose , California, San Francisco

☆ Adobe rolls out AI features, plans for price hikes and payouts
▼ + stars: | 2023-09-13 | by ( Stephen Nellis | ) www.reuters.com time to read: +2 min

Adobe makes Photoshop and other editing tools that form the core of its Creative Cloud subscription software business. For the past six months, the company has been steadily adding new AI features to those programs, such as the ability to generate images from text. Adobe customers will get a certain number of "credits" toward using generative AI features. Adobe also said it will pay the contributors to its stock imagery databases that are used to train its AI systems. After that, Adobe will start paying out the bonus each year for the training work done with its AI systems.

Persons: Ely Greenfield, Stephen Nellis, Richard Chang Organizations: Wednesday, Adobe, Reuters, Thomson Locations: San Francisco

☆ Apple unveils iPhone 15 Pro with titanium case, holds line on prices
▼ + stars: | 2023-09-12 | by ( Stephen Nellis | ) www.reuters.com time to read: +5 min

IPHONE 15 LAUNCHBoth the Pro and other iPhone 15 models will have a brighter display and a 48-megapixel camera as well as 100% recycled cobalt in their batteries. [1/6]New iPhone 15 and iPhone 15 Plus are displayed during the 'Wonderlust' event at the company's headquarters in Cupertino, California, U.S. September 12, 2023. Apple said that USB-C charging cables are coming to both its iPhone 15 and the charging case of its AirPods Pro devices. She said the shift "brought some differentiation to the iPhone Pro, because there's faster throughput for data transfer. The iPhone 15 costs $799, the iPhone 15 Plus starts at $899 and the Pro series starts at $999.

Persons: Apple, Jeff Williams, Loren Elliott, Carolina Milanesi, Milanesi, Greg Joswiak, Bob O'Donnell, Pro Max, Lisa Jackson, Stephen Nellis, Aditya Soni, Pushkala, Raechel, Yuvraj Malik, Peter Henderson, Lisa Shumaker Organizations: Apple, Huawei Technologies, Huawei, Securities Times, REUTERS, American Automobile Association, AAA, Creative, TECHnalysis Research, Pro, Counterpoint Research, Thomson Locations: CUPERTINO , California, Cupertino , California, China, U.S, United States, Bengaluru

☆ Apple's plan for climate-friendly watches: Clean energy in factories
▼ + stars: | 2023-09-12 | by ( Stephen Nellis | ) www.reuters.com time to read: +4 min

The biggest single reduction in the emissions from the new watches came from using clean electricity to manufacture them. Apple on Tuesday said that 300 of its suppliers have now committed to using clean energy for Apple production. But another emissions source was Apple's speedy transportation network, which relies heavily on planes. The company has said previously that a Series 8 watch created 33 kg (73 lb) of carbon emissions, from raw materials to delivery to end customers. Apple has been focused on cutting carbon emissions for some time.

Persons: Steve Jobs, Loren Elliott, Lisa Jackson, Jackson, John Ternus, Apple, Stephen Nellis, Peter Henderson, Lisa Shumaker Organizations: Steve, Apple, REUTERS, Rights, Reuters, Thomson Locations: Cupertino , California, U.S, Rights CUPERTINO , California, China

☆ AI chip startup Enfabrica raises $125 mln, with backing from Nvidia
▼ + stars: | 2023-09-12 | by ( Stephen Nellis | ) www.reuters.com time to read: +2 min

AI (Artificial Intelligence) letters are placed on computer motherboard in this illustration taken June 23, 2023. Chips from Nvidia (NVDA.O), the world's most valuable semiconductor firm, are at the heart of that transition. Enfabrica has designed a network chip that aims to connect the different pieces of a data center together in new ways to solve that problem. The Enfabrica chip creates a network that looks like a hub and spokes, allowing the Nvidia GPUs doing the data crunching to draw data from multiple different places without hitting speed bumps. Enfabrica added new backers that included IAG Capital Partners, Liberty Global Ventures, Valor Equity Partners, Infinitum Partners and Alumni Ventures.

Persons: Dado Ruvic, Enfabrica, Rochan Sankar, Sankar, Gavin Baker, Stephen Nellis, Stephen Coates Organizations: REUTERS, Nvidia, Broadcom, Google, Atreides Management, Fidelity Investments, IAG Capital Partners, Liberty Global Ventures, Valor Equity Partners, Ventures, Hill Ventures, Thomson Locations: San Francisco

☆ Apple's iPhone 15 launch clouded by China problems
▼ + stars: | 2023-09-12 | by ( Stephen Nellis | ) www.reuters.com time to read: +4 min

The iPhone made up more than half of Apple's $394.3 billion in sales last year, but it faces new challenges with selling in China, the Cupertino, California firm's third-largest market. Huawei wants to gain an edge on Apple with add-on features like satellite calling that relies on China's government-backed network. Apple's current iPhone lineup includes satellite capabilities, though they are meant only for emergency situations. "The truth of the matter is, we're in a very down smartphone market," said Bob O'Donnell, head of TECHnalysis Research. Reporting by Stephen Nellis in Cupertino, California; Editing by Peter Henderson and Lisa ShumakerOur Standards: The Thomson Reuters Trust Principles.

Persons: Dado Ruvic, Apple, Ben Bajarin, Bob O'Donnell, O'Donnell, Tim Cook's, Siri, Stephen Nellis, Peter Henderson, Lisa Shumaker Organizations: Apple, REUTERS, Rights, Huawei Technologies, Huawei, iPhones, Apple Watch, Creative, Counterpoint Research, TECHnalysis Research, Thomson Locations: Rights CUPERTINO , California, China, Cupertino , California

☆ Qualcomm to supply Apple with 5G chips until 2026 under new deal
▼ + stars: | 2023-09-11 | by ( Stephen Nellis | ) www.reuters.com time to read: +2 min

REUTERS/Dado Ruvic/Illustration/File Photo/File Photo Acquire Licensing RightsSept 11 (Reuters) - Qualcomm (QCOM.O) on Monday said it had signed a new deal with Apple (AAPL.O) to supply 5G chips to the iPhone maker until at least 2026. Qualcomm, whose shares rose more than 8% in premarket trading, is the leading designer of what are known as modem chips that connect phones to mobile data networks. The San Diego, California-based firm previously signed a supply deal with Apple in 2019, after the two companies settled a protracted legal battle. Under the deal announced Monday, Qualcomm said it will supply Apple with chips for phones that will come out each year until 2026. Qualcomm also said that a patent licensing deal it signed with Apple in 2019 remains in place.

Persons: Dado Ruvic, Apple's, Stephen Nellis, Yuvraj Malik, Miral Organizations: Qualcomm, REUTERS, Apple, Thomson Locations: San Diego , California, San Francisco, Bengaluru

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