Apple cutting iPhone Christmas production by 10 million units due to chip shortage – media

US tech giant Apple is reportedly planning to slash its iPhone production goals in 2021 amid growing shortage of semiconductors around the world. The news has triggered an immediate 1.2% drop in the company’s share value. … Read More >Apple cutting iPhone Christmas production by 10 million units due to chip shortage – media

EU-China investment deal ‘very important,’ Germany’s Merkel says as Brussels pauses ratification efforts over sanctions fallout

A huge investment agreement between the EU and China is “important,” Chancellor Angela Merkel said, a day after a senior European Commission figure stated that the bloc had suspended ratification efforts amid soured relations. … Read More >EU-China investment deal ‘very important,’ Germany’s Merkel says as Brussels pauses ratification efforts over sanctions fallout