Latest Consumer electronics manufacturing News

Apple awards $250 million to supplier of glass for iPhones

Sep. 17, 2019 2:21 PM EDT

FRANKFORT, Ky. (AP) — Apple on Tuesday deepened its ties with a Kentucky manufacturing plant by awarding $250 million to support Corning Inc.'s continued work to develop glass for iPhones and other devices. The award builds on the $200 million that Corning received from Apple's Advanced Manufacturing Fund...

Facing US ban, Huawei emerging as stronger tech competitor

Sep. 17, 2019 6:12 AM EDT

SHENZHEN, China (AP) — Long before President Donald Trump threatened to cut off Huawei's access to U.S. technology, the Chinese telecom equipment maker was pouring money into research that reduces its need for American suppliers. Huawei's founder says instead of crippling the company, the export curbs are...

Markets Right Now: Tech leads stocks higher on Wall Street

Sep. 11, 2019 4:07 PM EDT

NEW YORK (AP) — The latest on developments in financial markets (all times local): 4 p.m. Stocks are closing broadly higher on Wall Street as investors welcomed China's move to exempt some U.S. products from a recent round of tariffs. Technology, health care and communication services stocks powered much...

Apple takes on Netflix with a $5-a-month streaming service

Sep. 11, 2019 1:05 PM EDT

CUPERTINO, Calif. (AP) — Apple is finally taking on Netflix with its own streaming television service and, uncharacteristically for the company, offering it at a bargain price — $5 a month beginning on Nov. 1. Walt Disney Co. is launching its own assault on Netflix the same month, for just $7. It...

Apple rolls out new streaming TV service for $5 a month

Sep. 10, 2019 7:37 PM EDT

CUPERTINO, Calif. (AP) — Apple is finally taking on Netflix with its own streaming television service and, uncharacteristically for the company, offering it at a bargain price — $5 a month beginning on Nov. 1. Walt Disney Co. is launching its own assault on Netflix the same month, for just $7. It...

Apple's new offerings: Cheaper iPhone, streaming TV

Sep. 10, 2019 4:58 PM EDT

CUPERTINO, Calif. (AP) — Apple is dangling deals for its new phones and TV streaming service as it seeks to offset slumping device sales with new services. Here's a look at what Apple unveiled Tuesday at its product event in Cupertino, California. IPHONE 11: An update to last year's iPhone XR, but $50...

Markets Right Now: Late buying burst leaves stocks higher

Sep. 10, 2019 4:12 PM EDT

NEW YORK (AP) — The latest on developments in financial markets (all times local): 4 p.m. A late burst of buying left stocks mostly higher on Wall Street after indexes spent much of the day lower. Apple rose 1.2% Tuesday after announcing a new slate of iPhones and other products. Apple also announced a $5...

The Latest: Analyst calls Apple TV Plus price 'show stopper'

Sep. 10, 2019 3:09 PM EDT

CUPERTINO, Calif. (AP) — The Latest on Apple product event (all times local): noon One analyst says Apple's $5-a-month price for its new Apple TV Plus streaming service is a "shot across the bow" to Netflix and Disney as competition heats up. Apple announced the price and a Nov. 1 launch date at an event...

Antitrust regulators pounce on Big Tech as probes widen

Sep. 9, 2019 4:03 PM EDT

SAN FRANCISCO (AP) — The crackdown on Big Tech is intensifying as flanks of the government across the U.S. try to rein in the industry's immense power. Nearly every state — California and Alabama being the notable exceptions — joined in a bipartisan investigation of Google, just days after a...

Antitrust regulators dig deeper into dominant tech companies

Sep. 6, 2019 3:17 PM EDT

SAN FRANCISCO (AP) — The government is circling the wagons around Big Tech as the scrutiny of its immense power intensifies. Two groups of state attorneys general are joining the fray with separate investigations into whether Google and Facebook have been unfairly leveraging their array of popular —...