Apple Embarks on iPhone Production Automation Journey after Foxconn Halt: Assembly Workers Cut by 50%, Full Replacement Still a Challenge

June 25, 2024 – Following the production halt at Foxconn in 2022, Apple has been aggressively pursuing factory automation, resulting in a significant reduction of up to 50% in the number of employees on iPhone assembly lines, according to a report published by tech media outlet The Information on June 24th. The report revealed that…

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Nokia Faces 28 Million Euro Loss as HMD Global Struggles with Financial Performance

June 03, 2024 – Nokia has recently unveiled its 2023 financial results, highlighting a significant revenue stream generated by its technology division, which oversees the company’s patent portfolio. Despite a slight dip in figures, the division managed to secure approximately 1.3 billion euros (currently equivalent to approximately 10.231 billion yuan) in annual net sales through…

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Apple Dominates Chinese Software Market But Found Not to Have Abused Its Position, Court Rules

May 30, 2024 – On May 29th, the Shanghai Intellectual Property Court announced the verdict of the first-instance trial in China’s first consumer lawsuit against Apple for monopoly practices. The court acknowledged Apple’s dominant position in the Chinese software market but rejected the plaintiff, Mr. Jin’s, claim that the tech giant had abused this position….

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