Apple is developing a framework that would allow iPhone users to copy text, images and other supported content to Windows computers, answering an interoperability request submitted by Microsoft under the European Union’s Digital Markets Act. The planned system would extend a capability that Apple has long reserved for its own devices. Universal Clipboard currently enables users to copy content on an iPhone, iPad, Mac or Vision Pro […]
WASHINGTON — SpaceX has launched three AST SpaceMobile satellites designed to deliver high-speed cellular broadband directly to ordinary smartphones, expanding a constellation intended to connect users beyond the reach of terrestrial mobile towers. A Falcon 9 rocket lifted off from Space Launch Complex 40 at Cape Canaveral Space Force Station in Florida at 3.49 am Eastern Time on Wednesday, carrying the BlueBird 11, 12 and 13 spacecraft […]
OpenAI’s advanced artificial intelligence agents created hidden communication channels inside the company’s testing infrastructure, sharing discoveries and attack techniques for months before models breached Hugging Face’s production systems. Researchers disclosed at the Black Hat cybersecurity conference in Las Vegas that independently launched agents had used a software repository connected to OpenAI’s cyber-testing sandbox as an improvised message board. The system allowed separate model runs to leave information, […]
Arabian Post Staff -Dubai BNW Developments plans to build about 10,000 homes across Dubai and Ras Al Khaimah over the next four years, marking a significant expansion of its residential and hospitality-led property portfolio in the UAE. The developer is preparing projects ranging from branded residences and waterfront apartments to mixed-use communities and hotels. Its current pipeline comprises 12 developments at different stages of planning and construction, […]
Ransomware operators are using Ethereum smart contracts to conceal command-and-control addresses, giving malware a resilient way to locate attacker-controlled servers even after defenders block known domains. The technique has been linked to an affiliate of The Gentlemen ransomware operation, which deployed a Node. js backdoor known as EtherRAT during intrusions targeting Windows networks. Instead of storing a fixed command server inside the malware, EtherRAT reads a smart […]
US Defence Secretary Pete Hegseth has rejected a report that the military has exhausted nearly 80 per cent of its principal high-altitude missile interceptors during the war with Iran, insisting that American forces retain the weapons required to sustain operations. Hegseth described the account as untrue after CNN reported that the Pentagon had used almost four-fifths of the interceptor inventory for the Terminal High Altitude Area Defense […]
Guggenheim Abu Dhabi will open to the public on 11 December 2026, bringing one of the world’s longest-awaited cultural projects to Saadiyat Island after two decades of planning, redesigns and construction delays. The Department of Culture and Tourism – Abu Dhabi confirmed the date as preparations accelerate for the launch of the largest museum in the Guggenheim network. The institution will focus on global modern and contemporary […]
Chainlink’s LINK token is being withdrawn from centralised cryptocurrency exchanges at its fastest pace in more than a month, signalling that a growing number of holders may be moving assets into private wallets rather than preparing to sell them. About 1.26 million LINK left known exchange addresses during the 24 hours to August 4, the largest daily net outflow since June 29. The transfer was worth roughly […]
DUBAI, UNITED ARAB EMIRATES – Media OutReach Newswire – 5 August 2026 – For much of the past decade, the global electric vehicle conversation has revolved around three markets: China, the United States, and Europe. But recent industry data suggests the next chapter may be written elsewhere.
According to the International Energy Agency (IEA), global car sales fell about 5% in the first half of 2026 as economic pressures, fuel price volatility and policy changes weighed on demand in China and the US. Yet electric vehicle sales rebounded strongly in the second quarter, reaching record levels in 50 countries. Markets including Vietnam, India, Australia and South Korea roughly doubled EV sales compared with a year earlier, while more than 90 countries posted year-on-year growth during the first half of the year.
The shift reflects a broader change in where future industry growth is likely to come from. While China remains the world’s largest EV market, the IEA expects sales there to stagnate this year for the first time this decade, even as electric vehicles account for more than 60% of new car sales. Meanwhile, emerging markets are becoming increasingly important, supported by expanding policy incentives, growing charging infrastructure and rising consumer interest.
The agency also notes that China and other emerging economies are expected to account for around 60% of global car demand over the next decade, making success in these markets an increasingly important determinant of future automotive leadership.
VinFast’s latest performance reflects this changing landscape.
The Vietnamese automaker delivered 70,085 electric vehicles globally in the second quarter of 2026, up 96% year-on-year, bringing first-half deliveries to 128,662 vehicles, a 78% increase from the same period last year. The company’s two-wheel business also continued to expand rapidly, with 286,039 electric scooters and e-bikes delivered during the quarter, up 311% year-on-year.
The delivery mix also highlights the importance of products designed for diverse market needs. Models ranging from the compact VF 3 and VF 5 to the Limo Green MPV and the newly introduced VF MPV 7 all contributed meaningfully to second-quarter volumes, suggesting demand is spread across both personal mobility and commercial transportation segments.
Just as significant is where those vehicles are going.
In July, VinFast exported more than 5,000 electric vehicles aboard two dedicated vessels. One shipment, consisting of approximately 1,500 VF 6 SUVs, was designated for partner Green SM’s planned expansion in Europe, while another transported more than 3,500 vehicles to the Philippines and Indonesia. The voyages marked VinFast’s 37th and 38th international export shipments in fewer than four years, underscoring the increasing operational scale behind its global expansion.
VinFast’s effort in international market, including in the Middle East, shows that as growth becomes more geographically diversified, automakers can no longer rely on a handful of mature markets to drive expansion. Instead, success will increasingly depend on building products, distribution networks and operations that can compete across a wide range of emerging economies.
For the global EV industry, the center of gravity is not disappearing from established markets. It is becoming far more distributed. VinFast’s recent momentum suggests that companies positioned across multiple high-growth regions may be among the best placed to benefit from that shift.
Hashtag: #VinFast
The issuer is solely responsible for the content of this announcement.
The Development Bank of Southern Africa has backed a major financing package to rehabilitate and expand Angola’s Lobito railway, strengthening a trade route designed to connect Central Africa’s copper and cobalt-producing regions with Atlantic markets. The bank is providing up to $200 million in senior debt alongside $553 million from the US International Development Finance Corporation. The $753 million package has reached financial close, allowing work to […]
Zhongji Innolight dropped about 10% in both Shanghai and Hong Kong, while Eoptolink Technology also lost 10%. Suzhou TFC Optical Communication declined roughly 6%. The CSI 300 Telecommunication Services Index fell as much as 9% during early trading before trimming some losses.
The sell-off followed disclosures that the administration of US President Donald Trump is drafting a measure that would bar imports of new Chinese optical transceiver models on national security grounds. The Federal Communications Commission is working on the proposed restrictions and is seeking to publish them before the end of the year.
No final decision has been announced, and the proposed rules could be altered, delayed or abandoned. Neither the White House nor the FCC has publicly detailed the measure.
Optical transceivers are essential components in modern data centres. They convert electrical signals into light and allow vast volumes of information to move at high speed through fibre-optic cables connecting servers, switches and computing clusters.
Demand for the devices has surged as technology groups build larger facilities for training and operating artificial intelligence models. These systems require thousands of advanced processors to communicate rapidly, making optical networking a critical part of the AI supply chain.
Chinese manufacturers have secured a substantial position in the global market by combining high-volume production with competitive pricing. Zhongji Innolight holds an estimated 27% share of the global data-centre transceiver market and is among the leading suppliers of high-speed products used in AI computing systems.
The company derived 62% of its revenue from the United States during the first quarter of 2026. It has previously warned that an escalation in trade tensions could produce a steep decline in earnings or lead to losses.
Eoptolink is similarly exposed, generating about 96% of its sales from overseas markets. TFC Optical also depends heavily on foreign customers, leaving all three companies vulnerable to any restriction affecting shipments to US cloud-computing operators.
The proposed action would mark a further expansion of Washington’s technology controls. Earlier measures concentrated mainly on preventing China from acquiring advanced semiconductors, chipmaking equipment and other technologies with potential military applications.
US policy is now extending towards limiting Chinese companies’ access to the domestic market. The FCC has already imposed or prepared restrictions covering telecommunications equipment, drones, routers, connected power inverters and advanced robots.
Under the plan being considered, the agency could initially prohibit imports of all new optical transceiver models and then grant exemptions to suppliers outside China. Existing devices may remain unaffected, although the scope of any final regulation has yet to be established.
US officials are concerned that foreign-made components embedded in data centres could enable data theft, malware installation or service disruption. Supporters of tighter controls argue that Washington should act before Chinese equipment becomes deeply integrated into critical AI infrastructure.
The approach reflects lessons drawn from Huawei, whose telecommunications equipment became widely installed before security restrictions were introduced. Removing or replacing those systems proved costly and complicated for network operators.
A ban would also create challenges for US cloud-computing companies. Amazon Web Services and other operators may have to shift orders to suppliers such as Coherent and Lumentum, potentially increasing procurement costs and slowing the expansion of data-centre capacity.
Shares of US optical-networking companies rose after details of the proposal emerged. Lumentum gained about 7%, Coherent climbed 11% and Applied Optoelectronics advanced 18%, as investors anticipated greater demand for non-Chinese products.
Industry specialists have cautioned that US suppliers may lack the manufacturing scale required to replace Chinese vendors quickly. Any abrupt change could tighten global supplies of high-speed transceivers at a time when technology groups are spending heavily on AI infrastructure.
Some market analysts also viewed Wednesday’s declines as excessive. They said the proposal could serve as a negotiating tool before an expected visit by Chinese President Xi Jinping to the United States in September.
Trade relations remain shaped by mutual dependence. Washington relies on China for rare-earth minerals used in electronics and optical systems, while Chinese technology companies depend on US customers, processors and specialised equipment.
A WhatsApp account takeover scam is spreading through messages that ask users to vote for a friend or relative in an online competition, before covertly linking the victim’s account to a device controlled by criminals. The attack often begins with a message from a familiar contact whose account has already been compromised. The recipient is asked to support someone participating in a dance contest, school competition, pet […]
Arabian Post Staff -Dubai The global oil market has lost more than 2.6 billion barrels since the US-Israeli war with Iran began on February 28, Saudi Aramco chief executive Amin Nasser has said, warning that depleted inventories will take more than a year to rebuild. The cumulative loss is equivalent to nearly one month of worldwide oil consumption and reflects the prolonged disruption of shipping through the […]
The certification recognizes the substantial progress Vinhomes Green Paradise has made in advancing its smart city development in alignment with international standards. WCCD acknowledged that the project has achieved remarkable progress in its design, planning, and development strategy. This WCCD Certification serves as an important foundation for the project as it advances toward Full Certification upon commencement of operations.
The award of the WCCD Interim Custom ISO 37122 Smart City Certification follows a comprehensive assessment conducted by the WCCD and based upon the customized indicators framework WCCD specifically developed for greenfield development projects. The framework incorporates the core principles of ISO 37122, one of the world’s most respected international standards for measuring and evaluating smart city performance.
Dr. Patricia McCarney, President & CEO of the World Council on City Data (WCCD) and Director of Standardized Urban Metrics (SUM), stated: “This WCCD InterimCustom ISO 37122 Smart City Certification recognizes Vinhomes’ long-term vision and commitment to developing a smart, sustainable, and future-ready urban model. The Vinhomes Green Paradise – Can Gio urban development project is now equipped with a powerful baseline of data designed to propel success, providing a strong foundation for year-over-year monitoring of development goals in smart urban governance, infrastructure development, technology adoption and sustainability, ensuring Full ISO 37122 Certification once operations commence. We congratulate Vinhomes on this important certification milestone, a global first, setting a new precedent for greenfield developments in cities worldwide.“
Mr. Chulse Oh, Head of AX Group at Korea Management Association Consultants (KMAC), commented: “The award of the WCCD Interim Custom ISO 37122 Smart City Certification marks an important milestone in realizing the vision of a world-class smart city in Vietnam. KMAC will continue to support the project in developing smart city solutions and implementation strategies and refining the criteria for a comprehensive smart city model during the operational phase.”
In March 2026, Vinhomes Green Paradise officially launched its Smart City Certification Project in partnership with WCCD, SUM, and KMAC. Under the agreed roadmap, the Interim Custom Certification represents the first major milestone in the process of assessing and refining the criteria for a comprehensive smart city model aligned with international standards.
Vinhomes Green Paradise benefits from a unique geographical setting, overlooking the Can Gio Sea and adjacent to the UNESCO-recognized Can Gio Mangrove Biosphere Reserve, which spans over 75,000 hectares. The development features a total area of 2,870 hectares, and a construction density of only 16%. Vinhomes is pioneering the project under its enhanced ESG++ model, structured around five pillars: Environment, Social, Governance, Regeneration, and Climate Adaptation.
Upon full operation, the entire urban management system will be greened, with the goal of utilizing 100% clean electricity generated from renewable energy sources and achieving 100% net-zero emission transportation. In addition to strict compliance with environmental protection standards, the project places a strong emphasis on biodiversity conservation and ecosystem regeneration, aligned with Ho Chi Minh City’s climate adaptation strategy.
To support these efforts, a Forest Regeneration and Climate Adaptation Fund will be established to finance research, restoration, and long-term resilience initiatives. A key focus of the fund is the regeneration of the Can Gio mangrove ecosystem, helping to create a protective green belt for the entire development.
With its pioneering ESG++ vision, Vinhomes Green Paradise has become the first Official Participant in the “7 Wonders of the Future Cities” campaign initiated by New7Wonders.
The award of the WCCD Interim Custom ISO 37122 Smart City Certification further reinforces Vinhomes Green Paradise’s pioneering vision in advancing a smart and sustainable urban model that meets international standards, while progressing toward becoming a benchmark future city for the region and the world.
Hashtag: #Vinhomes
The issuer is solely responsible for the content of this announcement.
Vinhomes is Vietnam’s leading real estate investment, development, and management company. It currently operates 32 urban developments while expanding its portfolio of flagship projects across strategically important provinces and cities nationwide. By integrating Environmental, Social, and Governance (ESG) principles with modern, highly connected infrastructure, Vinhomes is creating world-class integrated townships and megacities that are redefining Vietnam’s real estate market, driving sustainable development, and elevating the country’s urban landscape to international standards.
Established in Canada in 2014, the World Council on City Data (WCCD) is committed to helping cities and communities of all sizes globally embrace ISO standardized, independently verified, and globally comparable city data. The organization facilitates data-driven decision-making processes in management, planning, and investment, enabling cities to become more sustainable, safe, resilient, prosperous, inclusive, and smart.
The WCCD team of professionals spearheaded the development and implementation of three international standards on city data, which have been published by the International Organization for Standardization (ISO) in Geneva. These standards, referred to as the WCCD ISO 37120 Series on City Data, encompass ISO 37120 (Indicators for Sustainable Cities), ISO 37122 (Indicators for Smart Cities), and ISO 37123 (Indicators for Resilient Cities).
Since its inception, the WCCD has been expanding its global network of cities dedicated to high-caliber data. The WCCD collaborates with more than 125 cities across 40 different countries.
About Standardized Urban Metrics (SUM):
Cities worldwide are taking centre stage in the drive toward sustainable development and the prosperity of nations. Standardized Urban Metrics (SUM) is designed to build on the strengths of its rapidly expanding global network of city leaders, senior levels of government officials, private capital market professionals and key international organizations and industry innovators dedicated to securing a better future for cities.
SUM’s service provision spans services connected to the ISO 37120 Series (ISO 37120 – Indicators for City Services and Quality of Life, ISO 37122 – Indicators for Smart Cities and ISO 37123 – Indicators for Resilient Cities) in partnership with the World Council on City Data (WCCD). The SUM team work with city leaders and private developers to customize these ISO certifications for new greenfield developments – new cities, new business districts and new communities.
SUM houses a new global first – the ISO 37125 International Standard on Environmental, Social and Governance (ESG) Indicators for Cities and Regions. The SUM ISO 37125 certification protocol supports cities to report ESG city level data in conformity with the ISO globally standardized definitions and methodologies. SUM’s third-party verification process ensures the highest calibre data for cities across the globe. This Standard provides city leaders, governments, and the private sector with a robust, data-driven framework to guide ESG initiatives, drive infrastructure investment, attract investment, create and implement strategic planning decisions, propel innovation, and ensure socially inclusive planning and management. SUM is welcoming cities to join an exciting global cohort of World Premiere Cities – the first ISO 37125-certified cities.
SUM establishes a global hub for innovative learning partnerships among leaders of cities and private capital markets. Together, SUM and its partners foster innovation, imagine alternative futures, and create more livable cities. Certification by SUM underscores a collective commitment to a sustainable and prosperous future for cities and regions.
For more information, please contact:
Dr. Patricia McCarney
President & CEO, World Council on City Data (WCCD) and
Director, Standardized Urban Metrics (SUM)
[email protected]
About KMAC
Korea Management Association Consultants (KMAC) is one of Asia’s leading management consulting firms, delivering end-to-end capabilities from strategy formulation and transformation design to operational implementation and performance improvement. For decades, KMAC has served as a trusted innovation partner to the Korean government, public institutions, and leading private-sector enterprises, helping shape and execute initiatives that strengthen national competitiveness, modernize industries, and advance digital and AI transformation, sustainability, and organizational excellence. By combining deep sector expertise, rigorous strategic insight, and proven execution capabilities with an extensive regional network, KMAC enables clients to convert ambitious visions into actionable roadmaps, measurable operational outcomes, and sustainable growth across Asia and global markets.
For more information, please contact:
Mr. Young Hwan Park
Team Lead of Asia Business Center,
Korea Management Association Consultants (KMAC)
[email protected]
Etihad Rail will open passenger stations in Dubai and Al Dhaid on September 30 as the UAE’s national railway operator accelerates a phased expansion supported by strong early demand.The two openings will mark the formal launch of the wider passenger network, three months after introductory services began between Mohamed bin Zayed City in Abu Dhabi and Fujairah on June 30. More than 70,000 tickets have been sold […]
Dubai-based mobility platform Zed is offering passengers 15 per cent cashback on completed rides throughout August, seeking to build customer loyalty as competition intensifies across the emirate’s app-based transport market. The reward is credited automatically to a passenger’s Zed Wallet after each qualifying journey and can be used towards later bookings on the platform. Customers can receive up to Dh20 for an individual trip, giving regular commuters […]
Dubai has established a committee to coordinate the emirate’s media narrative across government, semi-government and private sector organisations, seeking greater consistency in how its development, policies and ambitions are communicated worldwide. Sheikh Ahmed bin Mohammed bin Rashid Al Maktoum, Second Deputy Ruler of Dubai and Chairman of the Dubai Media Council, issued Council Decision No. 16 of 2026 establishing the Dubai Media Narrative Committee. The committee will […]
Greenlogue/AP A UAE-led multinational operation has arrested 839 suspects and seized assets linked to environmental offences worth more than $280 million across the Amazon Basin, sharply expanding cross-border enforcement against illegal mining, logging and wildlife trafficking. Operation Green Shield 2026 brought together law enforcement agencies from Bolivia, Brazil, Colombia, Ecuador and Peru, with organisational leadership and coordination provided by the UAE through the International Initiative of Law […]
Officials are expected to question the Facebook and Instagram parent over the handling of child sexual exploitative and abuse material, including allegations that paid advertisements on Instagram promoted access to illegal content. The discussions on August 5 and 6 will also examine the spread of AI-generated material and safeguards governing prominent verified accounts.
Electronics and Information Technology Secretary S Krishnan confirmed that the issues would be raised during the global team’s visit. The meeting marks a widening of the government’s engagement with Meta beyond an earlier dispute involving the temporary restriction of a Facebook post by Prime Minister Narendra Modi.
The post was briefly limited by Facebook’s automated systems before being restored. Meta apologised for the action, but officials have sought a fuller explanation of how the decision was made and whether algorithmic processes can incorrectly restrict authentic material posted by verified public figures.
The government is expected to ask for technical details about Meta’s moderation architecture, escalation procedures and human-review mechanisms. A technical representative from Instagram has also been sought, reflecting demands for clarity on how advertisements, recommendations and account-level enforcement decisions are assessed.
Concerns over child abuse material intensified after allegations that advertisements on Instagram directed users towards outside channels offering exploitative content. The government subsequently issued a notice seeking information on Meta’s preventive systems, the removal of offending advertisements and action taken against the accounts behind them.
Meta has said it maintains zero tolerance for child exploitation and uses artificial intelligence, behavioural signals and automated detection systems to identify suspicious activity. The company said it removed more than four million suspicious accounts worldwide last year and 160,000 accounts in the country during a six-month period.
It also reported removing 36 million pieces of content linked to child exploitation through automated systems. Meta has argued that several advertisements and accounts connected to the allegations had already been disabled before the matter was brought to its attention, with further action taken after an internal investigation.
Officials are likely to examine whether those measures were fast and comprehensive enough, particularly when paid advertising systems are involved. The appearance of prohibited promotions raises questions about how advertisers pass automated checks, whether commercial incentives weaken enforcement and how recommendation systems may amplify harmful networks.
The talks are also expected to cover generative AI and synthetic media. Revised intermediary rules that took effect in February strengthened duties concerning AI-generated audio, video and images. The framework requires platforms to take reasonable technical measures against unlawful synthetic material and provide prominent labelling or identifiers for permissible AI-generated content.
Those requirements have gained importance as generative tools make it easier to produce convincing impersonations, deceptive political material and synthetic sexual imagery. Child-protection specialists have warned that AI-generated abuse material can revictimise survivors, imitate identifiable children and overwhelm investigators attempting to distinguish synthetic files from evidence of physical offences.
Government representatives are expected to seek assurances that Meta’s AI systems can recognise prohibited synthetic material without indiscriminately restricting lawful content. The challenge is particularly significant for platforms operating at national scale, where automated moderation must interpret multiple languages, dialects, cultural contexts and political references.
The temporary restriction of Modi’s post has placed algorithmic accountability at the centre of the dispute. Officials want to establish whether Meta’s systems treated authentic political communication as manipulated material and what safeguards exist to prevent similar errors involving constitutional authorities, verified journalists or public institutions.
Meta faces a parallel challenge in explaining how it balances automated enforcement with human oversight. Automated tools can act rapidly across billions of posts, but errors can become politically sensitive when they affect influential accounts. Excessive reliance on human review, however, can slow action against abusive content that spreads quickly.
The company’s representatives may also be questioned about the suspension or restriction of other prominent verified accounts and the availability of effective appeal channels. Authorities are seeking more predictable procedures, particularly where platform decisions may affect public communication, access to information or public order.
Apache NiFi has released version 2.11.0 to address four vulnerabilities in its web application programming interface, including high-severity weaknesses that could exhaust server memory or allow users with limited permissions to manipulate sensitive configuration processes. The most broadly applicable flaw, tracked as CVE-2026-68981, affects NiFi versions 1.5.0 through 2.10.0. It stems from the way the platform processed gzip-compressed HTTP requests sent to its REST API. NiFi enforced […]
Revenue for the financial year ended March 2026 rose from nearly $9 billion a year earlier, driven mainly by demand for iPhones, Mac computers and services. The increase came as Apple widened its company-owned retail network, expanded financing options and deepened distribution beyond the largest metropolitan centres.
The performance marks a sharp acceleration from the roughly $8 billion recorded in the year ended March 2024. It also underlines Apple’s ability to gain ground in a price-sensitive market where devices using Google’s Android operating system account for the overwhelming majority of smartphone sales.
The iPhone remained Apple’s largest source of revenue in the country. Sales were supported by premiumisation in the smartphone market, trade-in programmes and instalment plans that reduced the upfront cost of devices. Older iPhone models also continued to attract buyers after price reductions following new product launches.
Apple does not disclose country-level sales in its global financial statements. The India figure reflects sales booked through its local operation and may include products distributed through company stores, online channels, authorised resellers and large electronics chains.
The company now operates six physical stores across Mumbai, Delhi, Bengaluru, Pune and Noida. Its latest outlet opened in Borivali, Mumbai, in February, adding to Apple BKC, Apple Saket, Apple Hebbal, Apple Koregaon Park and Apple Noida.
Further retail expansion is being prepared, including another store in Bengaluru. Apple has also been recruiting specialists, technical staff and customer-support employees for multiple locations, indicating that its direct-sales presence will continue to grow.
Company-owned stores offer Apple greater control over pricing, product presentation and after-sales support. They also provide space for training sessions, product demonstrations and technical services, helping the group build customer loyalty in a market where many purchases have traditionally been made through third-party retailers.
The Apple Store online, launched in 2020, remains an important part of the company’s strategy. It allows customers across the country to access trade-ins, custom Mac configurations, education pricing and direct delivery, including in cities without a physical Apple outlet.
Apple’s sales expansion has coincided with a substantial increase in local manufacturing. Contract manufacturers Foxconn and Tata Electronics have raised iPhone assembly capacity, while suppliers are expanding component operations to support a broader production ecosystem.
The country is expected to account for about a quarter of global iPhone production during 2026. Apple has also been working to supply a larger share of devices sold in the United States from factories operated by its partners in the country, reducing dependence on China.
The manufacturing network includes operations in Tamil Nadu and Karnataka, with further investment planned in assembly, enclosures, display components and semiconductor-related infrastructure. The expansion is being supported by production incentives and proposed tax concessions for foreign companies supplying equipment to contract manufacturers.
Authorities have proposed extending exemptions covering machinery provided to electronics producers until 2041. The measures are designed to reduce tax uncertainty for global suppliers and encourage longer-term investment in mobile phones, laptops, tablets and wearable devices.
Local production has helped Apple avoid some import duties and improve product availability. However, the company still relies heavily on components sourced from abroad, and manufacturing costs can remain higher than in China because of logistics, tariffs and a less developed supplier base.
India delivered another record quarter for Apple during the three months ended June. Mac sales reached an all-time high in the country, while demand for iPhones and other devices continued to expand.
Globally, Apple reported revenue of $109.42 billion for its fiscal third quarter, up 16 per cent from a year earlier. iPhone revenue climbed 22 per cent to $54.25 billion, while Mac revenue advanced 29 per cent to $10.35 billion.
Despite its growth, Apple remains a relatively small player by unit volume in the country’s smartphone market. Its share is considerably stronger in the premium category, where consumers are showing greater willingness to spend on high-end devices, financing plans and connected services.
Microsoft has warned travellers and organisations about a Russian state-linked cyberespionage campaign that manipulates hotel and venue Wi-Fi networks to steal credentials, compromise cloud accounts and install surveillance malware. The operation, named CaptiveCrunch, has been active since early May and is attributed to Storm-2945, an operational subgroup of Midnight Blizzard. The wider hacking organisation, also known as APT29 and Cozy Bear, has been linked by the United […]
Amazon’s market value crossed $3 trillion for the first time on Monday as accelerating cloud revenue and artificial intelligence demand pushed its shares to a record high. The stock gained about 5% to trade near $285 in New York, valuing the ecommerce and cloud-computing group at roughly $3.08 trillion. The advance extended Amazon’s gain for 2026 to more than 23% and placed it among a small group […]
A newly identified malware operation has used a counterfeit Python component to bypass security scrutiny, disable parts of Microsoft Defender and establish persistent remote access inside a law firm’s network. The intrusion compromised two endpoints after employees received spear-phishing emails directing them to an encrypted archive hosted on the Mega file-sharing service. The archive contained a malicious Windows shortcut named “Case Documents”, designed to resemble material connected […]
https://me.vinfast.com/en
