China's central bank will step up support for private firms as part of steps to shore up the economy, while easing a crackdown on tech companies, Guo Shuqing, Communist party chief of the People's Bank of China, was quoted by state media as saying.
Apple is expected to ship between 4.5 and 5 million OLED iPad Pros this year, according to a TrendForce report. That's for the 11-inch and 13-inch models combined, down from previous LCD and mini LED display models.
The U.S. Commerce Department said on Monday (local time) that it has revoked export licenses for Intel and Qualcomm to sell chips to Huawei for its phones and laptops, further tightening sanctions against the Chinese company.
U.S. prosecutors are investigating whether Tesla is facing charges of securities fraud or wire fraud for deceiving investors and consumers about the self-driving capabilities of its electric cars, Reuters reported exclusively.
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