Even now, Apple carries the industry’s priciest products. From iPhones to simple adapters, an Apple purchase is always hefty on your wallet. Despite the polarizing strategy, the company still attributes its success to its premium pricing. Because of tense Sino-American relations, Apple might push its pricing even further.
Recently, the US and China launched new salvos in an ongoing trade war. On Friday, US President Donald Trump imposed new tariffs on Chinese goods. The policy further strains business deals between Chinese suppliers and American companies. In retaliation, China imposed similar tariffs on American goods, taking effect in June.
Under the new tariffs, Apple faces a dangerous 25 percent import tax on their goods. For reference, the company enjoyed only 10 percent import tax on all their products. Currently, the company has saved its iPhones from the tax. However, Apple’s accessories — chargers, adapters, and cases — will suffer from Trump’s trade war.
So far, Apple has not announced any price changes. According to speculative reports, the brand is likely profiting enough from current sales, offsetting any tax changes. Likewise, Apple’s suppliers are possibly diversified enough, reducing reliance on China’s supply. Only time will tell.
Unfortunately, time will also define the iPhone’s future. Because of China’s retaliation, the US government is considering additional tariffs in the future. Under the proposed changes, Apple cannot save the iPhone anymore. According to J.P. Morgan, the company will likely increase the iPhone’s prices by 14 percent.
Currently, Apple users don’t need to worry about price changes in the immediate future. The additional tariffs will take effect on June 24, at the earliest. Even then, a definite price hike is still ultimately in Apple’s hands.
Previously, Apple already worried about similar price hikes in the past.
We’re not replacing Android yet, Huawei says
HongMeng is not the replacement system
Amidst the long-standing Trump saga, Huawei has quietly developed its own operating system. Or so we thought.
Weeks earlier, Google blacklisted Huawei from its services, heralding a premature end to the latter’s Android support. Naturally, Huawei needed a more reliable replacement. Besides third-party replacements, the company supposedly started developing a completely new operating system. According to rumors, the future system will carry the name “Ark” or “HongMeng.”
Of course, as we know now, Huawei’s landmark ban as short-lived. Recently, Trump reversed his decision. Huawei’s Android support lives on — at least, for the immediate future. However, despite the optimism, Huawei isn’t resting on its laurels. HongMeng’s rumor mill kept grinding news every day. Most notably, Huawei was reportedly gearing for a late 2019 launch.
Out of nowhere, Huawei has finally addressed the torrent of rumors. HongMeng isn’t an Android replacement. At least, not yet.
According to senior vice president Catherine Chen, the operating system is not designed for smartphone use. For the meantime, Huawei is working closely with Google for continued support.
In another report, chairman Liang Hua comments on the company’s indecision regarding the operating system. Huawei still hasn’t decided if HongMeng can fit into the Android ecosystem. Further, he clarifies the system’s true nature. Apparently, HongMeng is software meant for industrial IoT devices. Whatever Huawei’s replacement operating system is, it’s not HongMeng.
Regardless, Huawei’s HongMeng system should be a lessened priority for the company. Huawei is still riding on both optimism and a need for damage control. If anything, Huawei is tying up its loose ends before its next big move.
These are the best cities for women entrepreneurs to thrive
Singapore ranks third in Asia Pacific, behind Sydney and Melbourne
At the 10th annual Dell Women Entrepreneur Network Summit in Singapore, Dell announced findings of the 2019 Women Entrepreneur Cities (WE Cities) Index, ranking 50 global cities on their ability to foster growth for women entrepreneurs. Dell ranks cities based on the impact of local policies, programs, and characteristics in addition to national laws and customs to help improve support for women entrepreneurs and the overall economy.
Building on 10 years of research on women entrepreneurs, Dell partnered with IHS Markit to research and rank 50 cities on five important characteristics, including access to Capital, Technology, Talent, Culture and Markets.
The San Francisco Bay Area outranked New York for the No. 1 spot this year, mostly due to the city being one of the best places for women to gain access to capital. It also moved from 6th place to 2nd place in Culture, showing that the number of role models and public dialogue around eliminating the “bro culture” is making an impact.
Lack of funding, high cost of living, low representation of women in leadership roles and the lack of government-led policies that support women entrepreneurs were among the barriers globally.
Cities in the Asia Pacific (APAC) region are improving alongside all other cities globally, but still have a long way to go. Singapore, one of the only three cities from Southeast Asia to make it to the top 50, saw the highest improvement in the Talent pillar, as it benefitted from increasing its top school and business school rankings, as well as its pool of professionals needed to help scale businesses.
APAC cities mainly fell behind in the pillars for Culture and Markets. Despite making the top 50, Singapore’s Culture score was relatively low due to fewer female role models or leaders, although it’s still more advanced than majority of its neighbors in addressing gender parity issues.
Singapore ranks only No. 47 globally for the Markets pillar, because of the high cost of living in the city despite the lack of accelerators and relatively few female board members.
The WE Cities Index serves as a diagnostic tool to advise policy-makers on how to better support women in business.
“By arming city leaders and policymakers with actionable, data-driven research on the landscape for women entrepreneurs, we can collectively accelerate the success of women-owned businesses by removing financial, cultural and political barriers,” says Karen Quintos, EVP and chief customer officer at Dell Technologies.
The same way US Supreme Court Justice Ruth Bader Ginsburg argued in her landmark cases that gender discrimination hurts men and women alike, Singapore Minister for Culture, Community and Youth Grace Fu also emphasized at the summit that it’s not only women who want a better work life balance; men also want to be able to spend more time with their families.
This is where technology comes in. Technology, as a gender-neutral enabler, helps drive progress in gender equality by creating a level playing field, says Amit Midha, President of Asia Pacific & Japan, Global Digital Cities at Dell Technologies. It’s important to empower and invest in women not just because it’s been proven time and again that women help economies grow, but also because doing so benefits men and society as a whole.
Qualcomm found guilty of unfair pricing
Ordered to pay hundreds of millions of euros
For a while now, Qualcomm has waged a legal war against Apple over ambiguous copyright claims. The battle emboldened the chipmaker, leading to quirkier means to keep competitors at bay. To its credit, Qualcomm successfully squeezed out substantial money from its battles. However, karma can come in unexpected forms.
Recently, Qualcomm found itself on the receiving end of a similar legal strife. The European Commission has ruled the company guilty of unfair pricing schemes.
From 2009 to 2011, Qualcomm became a market leader in the 3G modem business. The win practically ensured the company’s dominance in future eras. At the time, Qualcomm’s only major competitor was fellow 3G chipset manufacturer, Nvidia’s Icera.
According to the EU Commission, Qualcomm used antitrust pricing to ensure its win against Icera. Particularly, Qualcomm’s prices were way below cost, drawing more competition towards them. Then-growing companies Huawei and ZTE bought into Qualcomm’s cheaper chips. Icera would eventually fold in 2015.
Of course, cheaper pricing schemes aren’t illegal outright. However, Qualcomm purposely set its prices below the cost to produce them — which is illegal. In effect, they were selling at a loss to block out the competition. Qualcomm’s current dominance draws from its past practices.
Because of the unfair practice, the Commission is fining the company a hefty EUR 242 million. The huge amount totals to 1.27 percent of Qualcomm’s 2018 revenue.
Despite the weight, the fine is only a drop in Qualcomm’s huge bucket. At the very least, the ruling is a warning against unfair business practices. Qualcomm isn’t immune to the same strategies that it employs against its competitors.
ASUS 6z Review: The camera flips, but is that enough?
ASUS is all set to take on OnePlus
A non-Potterhead’s verdict on Harry Potter: Wizards Unite
Use your phone, Harry!
Xiaomi Mi 9 SE Review: For those who like it small
A pocketable flagship-like phone
OPPO K3 is a fancier looking Realme X at the same price
The Pixel 3a’s DxOMark score proves how capable its single-lens camera is
Revamped Galaxy Fold passed durability tests, ready for launch
Stranger Things 3: What exactly is an ignition cable?
We’re not replacing Android yet, Huawei says
Best Budget Smartphones in the Philippines below P10,000
Best Midrange Smartphones in the Philippines from P10,000 to P20,000
Best Midrange Smartphones from $200 to $400
Best Upper-Midrange Smartphones in the Philippines from P20,000 to P30,000
Best Premium Smartphones in the Philippines above P30,000
Accessories6 days ago
Xiaomi launches affordable Mi Super Bass Wireless headphones
Enterprise2 weeks ago
Huawei’s OS is ‘very likely’ faster than Android and iOS
News1 week ago
Samsung Galaxy Note 10 ‘official’ photos leak
Cameras1 week ago
Fujifilm debuts flagship GFX100 in the Philippines
India1 week ago
Apple may soon start selling top-end iPhones made in India
News3 days ago
A Galaxy S8 saved tourists from drowning in Cebu
Enterprise6 days ago
Huawei is firing hundreds of workers
Gaming2 weeks ago
The Nintendo Switch Lite is coming