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Top Apple Supplier Plans Major India Expansion

Foxconn is set to expand production of iPhones at its existing plant near Chennai, in the southern Indian state of Tamil Nadu, people familiar with the matter said. It aims to boost iPhone production to around 20 million units annually by 2024, and roughly triple the number of workers to as many as 100,000, said the people, including a senior Indian government official. Foxconn also plans to build a new production facility in the southern Karnataka state, where it would make products including iPhones, people familiar…

Xiaomi Billionaire Leads New Fund to Boost China’s Chip Industry

HONG KONG—Smartphone giant Xiaomi Corp., founded by Chinese tech billionaire Lei Jun, has set up a fund to invest in China’s chip industry, the latest effort to shore up the sector targeted by U.S. restrictions.Xiaomi and software and cloud company Kingsoft Corp. are investors in the 10 billion yuan ($1.45 billion) fund, which is also backed by a handful of government-backed investors, according to a Kingsoft regulatory filing announcing the fund. Mr. Lei is…

Apple Blocks Update of ChatGPT-Powered App, as Concerns Grow Over AI’s Potential Harm

Apple Inc. AAPL -0.76% has delayed the approval of an email-app update with AI-powered language tools over concerns that it could generate inappropriate content for children, according to communications Apple sent to the app maker. The software developer disagrees with Apple’s decision. Apple took steps last week to block an update of email app BlueMail because of concerns that a new AI feature in the app could show inappropriate content, according to Ben Volach,…

The New Tech That Will Take Us Beyond the Smartphone. Maybe.

BARCELONA—It’s a tough time for the smartphone market. Not that you’d know from the 2,000-plus exhibitors and 80,000-ish attendees jammed into a conference center for MWC, the mobile-tech show formerly known as Mobile World Congress. Everyone seems to have optimism about the future, abuzz with buzzwords to sell it.So I began playing a game with myself. The rules of Buzzword Bingo are simple. As fast as you can, scan the trade-show floor and spot all the acronyms: 5G! MR! IOT! In just 45 minutes of walking around, I…

Apple’s iPhones Are Winning Over Gen Z—and the World’s Premium Market

SEOUL—Consumers around the world are increasingly choosing Apple Inc.’s AAPL -1.80% iPhones over high-end Android smartphones, with younger users seen as pushing the company toward the level of dominance in the market globally that it has enjoyed in the U.S.From Europe to Asia, Apple’s market lead in the premium bracket is growing, and polls show that people in their teens and early 20s, known as Gen Z, increasingly see the iPhone as a must-have. Converts say they are…

How to Protect Your iPhone Data From Thieves

Our phones are a portal to everything that’s important to us—our most sensitive communications, our life savings, our photos. You’d think all that would be protected by something more complex than a four- or six-digit passcode.And yet, as we reported, thieves across the country are stealing iPhones along with their passcodes. They are getting it all: cash from bank apps, access to credit cards via Apple AAPL -2.03% Pay and more. That same code also allows these thieves…

Apple Sales Shrink as Pandemic Rally Ends for iPhone Maker, Other Tech Giants

Apple Inc. AAPL 2.44% reported disappointing quarterly results that ended its three-year streak of sales and profit records, capping an earnings season in which the world’s biggest technology companies mostly struggled to shake off a postpandemic hangover. The iPhone maker announced its first quarterly revenue decline in nearly four years as manufacturing disruptions in China curbed its ability to deliver premium iPhones. Its results came the same day that Amazon.com…

Apple Sales Are Expected to Show First Decline in Nearly Four Years

Apple Inc.’s AAPL 0.79% three-year streak of pandemic-induced sales and profit records might be coming to an end.The iPhone maker, which is scheduled to report its December quarter after markets close on Thursday, is expected to announce its first revenue decline in nearly four years as manufacturing disruptions in China curbed its ability to deliver premium iPhones. Apple’s sales are expected to fall 2% to $121.42 billion, according to FactSet. For the…