Trump’s Approval of AI Chip Sales to China Triggers Bipartisan National Security Concerns 
ADB Approves $400 Million Loan to Boost Ease of Doing Business in the Philippines 
SoftBank Shares Slide as Oracle’s AI Spending Plans Fuel Market Jitters 
Nvidia Develops New Location-Verification Technology for AI Chips 
Apple App Store Injunction Largely Upheld as Appeals Court Rules on Epic Games Case 
GameStop Misses Q3 Revenue Estimates as Digital Shift Pressures Growth 
Mizuho Raises Broadcom Price Target to $450 on Surging AI Chip Demand 
EssilorLuxottica Bets on AI-Powered Smart Glasses as Competition Intensifies 
EU Court Cuts Intel Antitrust Fine to €237 Million Amid Long-Running AMD Dispute 
Samsung SDI Secures Major LFP Battery Supply Deal in the U.S. 
SK Hynix Labeled “Investment Warning Stock” After Extraordinary 200% Share Surge 
Intel’s Testing of China-Linked Chipmaking Tools Raises U.S. National Security Concerns 
SpaceX Edges Toward Landmark IPO as Elon Musk Confirms Plans 
JD.com Pledges 22 Billion Yuan Housing Support for Couriers as China’s Instant Retail Competition Heats Up 
Gulf Sovereign Funds Unite in Paramount–Skydance Bid for Warner Bros Discovery 
Trump Criticizes EU’s €120 Million Fine on Elon Musk’s X Platform 
SK Hynix Shares Surge on Hopes for Upcoming ADR Issuance 
European Union lawmakers passed a new mandate earlier this month that will require tech companies to include a USB-C port in upcoming electronic devices. And Apple has now confirmed it will abide by the new policy by replacing the iPhone’s Lightning port to support USB-C charging cables and power adapters.
After a decade-long campaign to standardize chargers used on a wide range of electronics in the region, the European Parliament voted overwhelmingly in favor of the common charger law. The policy, expected to be fully implemented in 2024, states all portable electronic devices that use a wired cable for charging are required to have a USB-C port.
Many believed this to be the end of iPhones with the Lightning port, and Apple confirmed this to be the case. In an appearance at the Wall Street Journal Tech Live on Wednesday, Apple SVP of Worldwide Marketing Greg Joswiak confirmed the EU law signals the launch of an iPhone with a USB-C port.
Joswiak provided a lengthy response when asked what Apple thinks about the recently passed law. But, ultimately, he said the company will follow the new rules.
“Obviously, we’ll have to comply,” Joswiak said. “We have no choice as we do around the world to comply to local laws.”
He also recognized that Apple has had its contentions with earlier proposals to standardize chargers for electronic devices. Joswiak recalled that the EU previously wanted to make micro USB the common charging port over a decade ago. “If we have standardized a micro USB, that chart doesn’t exist,” Joswiak said and then pointed at a side-by-side illustration of Lightning and USB-C cables.
He clarified that Apple understands the EU's goal of minimizing e-waste in pushing for a common charger in the region. It appears, however, that Apple does not completely agree with how the standardization of USB-C chargers was achieved.
He also seemingly implied that detachable cables would have been enough to solve the issue of consumers accumulating too many charging cables and bricks over time. “We think the approach would’ve been better environmentally and better for our customers to not have a government be that prescriptive,” Joswiak added.
Photo by Thai Nguyen on Unsplash
