3 May 2025

Apple expects US0 million tariff hit as it shifts US iPhone supply from China to India

Apple expects US$900 million tariff hit as it shifts US iPhone supply from China to India

Apple on Thursday reported first-quarter profit above expectations but warned that US tariffs could cost the company and were disrupting its supply chain. Apple expects US tariffs to cost US$900 million in the current quarter, even though their impact was “limited” at the start of this year, chief executive Tim Cook said on an earnings […]

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Nvidia raises concerns about Huawei’s growing AI chip capabilities with US lawmakers

Nvidia raises concerns about Huawei’s growing AI chip capabilities with US lawmakers

Nvidia CEO Jensen Huang discussed concerns about Huawei Technologies’ growing artificial intelligence (AI) capabilities with US lawmakers, according to a senior congressional committee staff source. The issues were raised during a closed-door meeting between Nvidia executives and the US House of Representatives Foreign Affairs Committee on Thursday. Among the topics discussed were Huawei’s AI chips

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Xbox joins PlayStation in raising console prices amid US tariffs

Xbox joins PlayStation in raising console prices amid US tariffs

Microsoft’s Xbox is increasing the prices of its video gaming consoles, controllers, first-party titles and other accessories, following similar moves by competitors due to US tariffs affecting global supply chains. In a blog post on Thursday, Xbox said it would raise prices of its products in the US, Europe, Australia and the UK. The more

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Chinese maker of skyscraper-cleaning robots has US deal suspended after Trump tariff hike

Chinese maker of skyscraper-cleaning robots has US deal suspended after Trump tariff hike

China’s leading manufacturer of specialised cleaning robots for skyscrapers and solar panels is grappling with the suspension of its first deal with a US-based client over increased tariffs on Chinese products, as businesses face disruptions from US President Donald Trump’s trade policies. Guangdong Lingdu Intelligent Technology Development, which sells its robots under the brand X-Human,

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