Moore Threads Stock Slides After Risk Warning Despite 600% Surge Since IPO 
SpaceX CEO Elon Musk Denies Reports of $800 Billion Valuation Fundraise 
U.S.-EU Tensions Rise After $140 Million Fine on Elon Musk’s X Platform 
IBM Nears $11 Billion Deal to Acquire Confluent in Major AI and Data Push 
Australia Enforces World-First Social Media Age Limit as Global Regulation Looms 
EssilorLuxottica Bets on AI-Powered Smart Glasses as Competition Intensifies 
SoftBank Shares Slide as Oracle’s AI Spending Plans Fuel Market Jitters 
SK Hynix Shares Surge on Hopes for Upcoming ADR Issuance 
US Charges Two Men in Alleged Nvidia Chip Smuggling Scheme to China 
Microsoft Unveils Massive Global AI Investments, Prioritizing India’s Rapidly Growing Digital Market 
SpaceX Insider Share Sale Values Company Near $800 Billion Amid IPO Speculation 
SK Hynix Labeled “Investment Warning Stock” After Extraordinary 200% Share Surge 
Apple App Store Injunction Largely Upheld as Appeals Court Rules on Epic Games Case 
SK Hynix Considers U.S. ADR Listing to Boost Shareholder Value Amid Rising AI Chip Demand 
Intel’s Testing of China-Linked Chipmaking Tools Raises U.S. National Security Concerns 
Trump Signs Executive Order to Establish National AI Regulation Standard 
Mizuho Raises Broadcom Price Target to $450 on Surging AI Chip Demand 
Brazil’s national telecommunications agency, also known as Anatel, is exploring the possibility of requiring phone manufacturers to support USB-C charging. The agency has opened a public consultation on the matter that could lead to a policy being implemented in two years.
Anatel opened Public Consultation number 45/2022 earlier this week and has started gathering opinions from companies and individuals on its proposal to make USB-C the standard charging mechanism for phones that will be sold in Brazil. The agency will accept contributions to the consultation until Aug. 26.
European Union lawmakers reached a deal earlier this month that will make USB-C the common charger for different types of electronics in the region. The European Parliament said in a press release that needing a single charger for various devices should mitigate electronic waste and reduce the hassle for consumers. A few weeks later, United States Senators Ed Markey, Elizabeth Warren, and Bernie Sanders co-signed a letter urging the U.S. Department of Commerce “to follow the EU’s lead.”
These developers are what inspired Anatel to move forward with its own proposal to make USB-C the common charger for mobile phones. “Aware of the aforementioned movements in the international market, Anatel's technical area evaluated the topic and presented a proposal with a similar approach for application in the Brazilian market,” the agency said in the (machine-translated) blog post.
The law passed in the EU is set to make USB-C the standard charger for mobile phones, tablets, earbuds, digital cameras, headphones, headsets, handheld consoles, and portable speakers. But Anatel’s current proposal specifies that it would only apply to mobile phones.
Tecnoblog reports that part of Anatel’s proposal is to make USB-C the required phone charger by July 2024. If that timeline is met, its implementation would happen a few months before the EU. The European Parliament said its common charger policy will take effect “by autumn 2024.”
Anatel said it is proposing to standardize USB-C chargers “because it is already widely used by most global manufacturers,” which is true for most Android phones in the market. Apple, on the other hand, still relies on the Lightning port for the iPhone’s wired charging. But that might change next year, following reports that the iPhone 15 could be the first Apple smartphone to sport a USB-C port.
Photo by Mishaal Zahed on Unsplash
