- Apple has ramped up iPhone production in India by 53% last year, now manufacturing a quarter of its devices there.
- This strategic move is part of the company’s efforts to mitigate tariffs and reduce reliance on Chinese manufacturing.
- The shift not only diversifies Apple’s production base but also aligns with broader trends of companies seeking to relocate supply chains.
Nvidia CEO Jensen Huang steps down amid scandal over personal conduct
Jensen Huang has resigned from his position as CEO of Nvidia, following revelations of multiple extramarital affairs, including one with an individual suspected of being a Chinese spy. This unexpected departure raises questions about the company’s leadership and its potential impact on Nvidia’s future. Huang’s resignation marks a significant shift for the tech giant, which has seen rapid growth under his guidance.