Tag: trade
Will Digital Yuan Challenge the US Dollar in International Trade?
According to some economists, the digital Yuan will challenge the dollar’s domination of international trade settlements in the next ten…
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Apple Pivots to Samsung for iPhone Memory Chips Following US Trade Ban Against Chinese Suppliers
Apple originally intended to buy 128-layer 3D NAND flash memory chips from Yangtze Memory Technologies (YMTC) for use in iPhones sold in the Chinese market as early as this year, with the possibility of eventually purchasing up to 40% of the chips needed for all iPhones.
However, last month those plans were put on hold when YMTC and 30 other Chinese entities were added to an “Unverified” list of companies that U.S. officials have been unable to inspect, and the supplier is widely expected to be blacklisted in early December for trade restrictions.
U.S. companies are prohibited from sharing any design, technologies, documents or specifications to companies on the Unverified List without a license. Companies who cannot provide the necessary information within 60 days can be added to the U.S. export control blacklist. YMTC is also being investigated by the U.S. Commerce Department over whether it violated Washington’s export controls by selling chips to Huawei, which is already blacklisted.
As a result of the restrictions, Apple will now use Samsung Electronics as an alternative supplier starting in 2023, according to supply chain sources cited in the report.
Samsung, long the main supplier of DRAM chips for iPhones, is set to start next year supplying NAND flash for iOS devices from its plant in China’s Xian plant, which now contributes 40% of the Korean vendor’s total 3D NAND flash capacity, ranging from 128 to 176 layers, the sources said.
Unlike its rivals, Samsung has not imposed production cuts in response to sluggish NAND flash market demand, likely partly due to its entry into the Apple supply chain. Moreover, the Korean manufacturer is thought to be able to afford quote cuts and output increases, which has further strengthened its competitiveness.
The export controls on China imposed by the Biden administration are an effort to slow the country’s technological and military advances by cutting off Beijing’s supplies from certain semiconductor chips made anywhere in the world with U.S. equipment.
This article, “Apple Pivots to Samsung for iPhone Memory Chips Following US Trade Ban Against Chinese Suppliers” first appeared on MacRumors.com
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Fired Disco Elysium creators trade accusations with new ZA/UM owners
Two of the principal creators of Disco Elysium have published a statement accusing the new owners of developer Studio ZA/UM of taking over the company by fraud, saying that they are now exploring legal options. Those new owners have, for their part, said that these creators were fired last year for refusing to discharge their work responsibilities and for creating a toxic work environment at the troubled RPG game studio.
RELATED LINKS: Disco Elysium review, Best RPGs on PC, The best PC games
Apple Settles Lawsuit With Employee Accused of Stealing Trade Secrets
According to The Verge, Lancaster will pay an undisclosed amount of money to Apple and will avoid discussing engineering data, confidential business information, and data about unreleased products.
Apple first filed a lawsuit against Lancaster in March 2021 after the company discovered he had leaked sensitive company information to a tech journalist who used that data to publish articles. Lancaster worked at Apple for more than a decade, and at the time that he stole information, he had a role as an Advanced Materials Lead and Product Design Architect.
Lancaster had access to secretive information as he was responsible for evaluating materials and prototyping innovations for future hardware devices. Apple said that he used his seniority to attend internal meetings and access documents that were outside of the scope of his job responsibilities.
Lancaster began leaking details to a media contact in late 2018, and he exchanged information for favors such as positive coverage of a startup that he invested in. Prior to leaving Apple, he downloaded a “substantial number” of confidential Apple documents that included details on unreleased Apple hardware products, including a device Apple referred to as Project X.
This article, “Apple Settles Lawsuit With Employee Accused of Stealing Trade Secrets” first appeared on MacRumors.com
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Apple settles with former employee accused of stealing trade secrets
Apple has settled its lawsuit against Simon Lancaster, a former design architect, who the company accused of stealing trade secrets and sharing them with a journalist. The company filed its suit in March 2021, and the settlement order was approved by a judge this week.
“Despite over a decade of employment at Apple, Lancaster abused his position and trust within the company to systematically disseminate Apple’s sensitive trade secret information in an effort to obtain personal benefits,” Apple wrote in its original complaint. “He used his seniority to gain access to internal meetings and documents outside the scope of his job’s responsibilities containing Apple’s trade secrets, and he provided these trade secrets to his outside media…