#Apple

GlobalFoundries and Apple are expanding their partnership to advance semiconductor tech and bolster U.S. manufacturing. GF will manufacture wireless connectivity and power management chips for AI devices at its Malta, NY, facility. This builds on GF’s $16B investment in NY and VT sites, aligning with Apple’s $600B American Manufacturing Program pledge. The collaboration supports the push for domestic chip independence and AI leadership. This strategic move enhances GF’s position by focusing on specialized process technologies for next-gen devices.

Apple’s latest earnings report shows a rebound in iPhone sales in China, driving a 4.35% revenue increase in the Greater China region. CEO Tim Cook noted iPhone users in China are at an all-time high, crediting government subsidies. Apple also touts strong sales for Mac, iPad, and Apple Watch. The MacBook Air is reportedly the best-selling notebook and the Mac Mini the top desktop in China, with iPhone holding the top three smartphone spots.

Apple’s fiscal Q3 2025 saw a revenue boost due to accelerated device purchases driven by consumer anxiety over potential tariffs, contributing one percentage point to the company’s 10% year-over-year revenue growth. Initial tariff announcements led to speculation about significant iPhone price increases, prompting consumers to buy early. Apple absorbed $800 million in tariff expenses in the June quarter and anticipates $1.1 billion in the September quarter, potentially leading to a $50 price increase for the iPhone 17 series models.

The U.S. ITC preliminarily ruled that BOE infringed on Samsung Display’s trade secrets, potentially leading to an import ban on BOE’s OLED panels. Apple, a customer of both companies, stated that current iPhones are unaffected. BOE is a potential supplier for the iPhone 16, and Samsung Display and LG Display could absorb BOE’s orders if the ban takes effect. Separately, BOE is suing Samsung over Galaxy devices, seeking import bans and damages. A final ITC ruling is expected in November.

Apple is reportedly developing seven new processors for mobile, wearable, and wireless devices, signaling a major push towards technological independence as the 2025 product launch season nears. The A19 series chipsets

**Concise English Summary (100 words):**

Apple plans early 2026 launches of affordable devices to boost demand. Updates include refreshed entry-level iPads and iPad Air (featuring M4 chip) around March/April, an M5 iPad Pro in October, and the budget iPhone 17e with A19 chip—signaling annual refreshes for entry-tier iPhones. MacBook Pro (14-inch/16-inch) M5 models and new MacBook Airs, initially delayed, are now slated for H1 2026. Apple will also debut its first new Mac external display since 2022. A postponed smart home hub may release by mid-2026, dependent on Siri’s overhaul. Overall strategy extends momentum from fall 2024 product introductions.

Apple COO Jeff Williams to retire later this year after 27 years. Instrumental in global operations, launching the Apple Watch, and leading the design team, he will stay in transition until year-end. Tim Cook praised Williams’ immense contributions. Sabih Khan, current head of global supply chain, will succeed Williams as COO, ensuring a seamless transition. Williams plans to dedicate more time to family. (98 words)

Meta is aggressively acquiring top AI talent, notably hiring Ruoming Pang, former head of Apple’s foundational models team. This strategic move, reportedly driven by a lucrative compensation package, highlights Meta’s drive to bolster its AI capabilities amidst intense industry competition. Pang’s departure may impact Apple’s AI team morale, as the company seeks to advance its AI initiatives.

The foldable smartphone market faces a slowdown in 2024-2025, with a potential single-digit decline anticipated after years of rapid growth. However, the market is anticipating Apple’s entry, rumored for 2025, which could reshape the landscape. Supply chains also see significant potential, with Apple’s involvement stimulating growth across various component sectors and potentially driving further innovation.

TSMC’s 2nm process has achieved a production yield exceeding 60%, solidifying its leadership in semiconductor manufacturing. This puts them far ahead of Samsung, whose 2nm yield is around 40%. TSMC’s 2nm technology, leveraging GAA, promises significant performance and efficiency gains. Key clients like Apple, NVIDIA, and AMD are expected to adopt it, while Samsung is targeting 2nm production for its Exynos 2600 processor later this year.