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France Punishes Apple Hard: € 1.1 Billion Fine For Anti-competitive Sales Practices

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France Punishes Apple Hard € 1.1 Billion Fine For Anti-competitive Sales Practices

The body that monitors competitiveness and the free market in France, L’Autorité de la concurrence, has imposed a fine of 1.1 billion euros on Apple for anticompetitive behaviour in its distribution network and for abusing the economic dependence of its resellers.

It is the most important fine of this type issued in the French country, which has thus punished Apple for, as they put it, ” sterilizing the wholesale market ” of Apple products.

An exemplary sanction for a “particularly serious” case
As revealed in Le Monde, the regulator accuses Apple of three prohibited practices that began to be investigated after the complaint filed in 2012 by eBizcuss, an Apple Premium Reseller (APR).

Apple would have struck a deal with wholesalers, who would have agreed to let Apple dictate the quantities of products to deliver to these resellers. For the experts, Apple and these wholesalers operated as a cartel that “prevented these actors from freely negotiating prices and quantities with wholesalers.”

The two leading Apple wholesalers in France, Tech Data and Ingram Micro have also been sanctioned for this reason. In this case, the fines have been 76.1 and 62.9 million euros, respectively.

Apple’s sanction is also argued for the imposition of sales prices in APRs, something that, according to the authority, has kept prices artificially high and has limited discounts or promotions. According to the French authority, this is “particularly serious”.

Apple has also been accused of imposing means and materials for promotions, hindering “any initiative in this area”. The French regulatory authority denounced a “price control system” that ” posed a risk of retaliation ” for resellers.

The abuse of the economic dependence of these companies was sometimes crystallized: according to the regulatory authority when new products were launched; these SMEs were not sufficiently supplied.

For Isabelle de Silva, president of this organization, the strong impact of these practices has made this “the greatest sanction ever imposed on an economic agent, in this case, Apple, whose extraordinary dimension has been duly taken into account.”

image:- pixabay

source:- theverge

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SpaceX Receives Dogecoin Payments for Next Year’s Moon Launch Mission

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SpaceX Receives Dogecoin Payments for Next Year's Moon Launch Mission!

SpaceX itself will launch its “DOGE-1 Mission to the Moon” in the first quarter of next year, with Elon Musk’s commercial rocket company accepting the meme-inspired cryptocurrency Dogecoin as payment.

“SpaceX launches the Doge-1 satellite to next year’s moon-paid mission in Doge – the first cryptocurrency in space – the first meme in space,” Musk said in a tweet.

On the other hand, Geometric Energy Corporation announced the previous Dogecoin-funded mission on May 9 yesterday, with a statement that did not reveal the financial value of the mission.

“This mission will demonstrate the application of cryptocurrency beyond Earth orbit and set the groundwork for interplanetary trading,” said Tom Ochinero, vice president of commercial sales for SpaceX, as quoted in a statement released by Geometric Energy.

Musk also said on Twitter in April that SpaceX would put “Dogecoin literal in the literal moon”. Dogecoin itself lost more than a third of its price on Sunday after Musk called it a “cacophony” during its guest-hosting place on the sketch comedy TV show “Saturday Night Live”.

On CoinGecko.com’s cryptocurrency tracking data, Dogecoin has surged more than 800 percent over the past month and is now the fourth-largest digital currency, with a market cap of US $ 73 billion.

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Cellphones to Laptops Can Be Expensive until 2022, Due to Global Chip Shortages

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Cellphones to Laptops Can Be Expensive until 2022, Due to Global Chip Shortages

Currently, a global shortage of semiconductors has hit several industries around the world, limiting not only smartphones, computers, and other electronic devices but also vehicles and other types of machines. And it looks like it won’t go away until 2022.

This is according to a Gartner report (first reported by IANS) which revealed that a global semiconductor shortage is expected to persist throughout 2021 and recover to normal levels in the second quarter of 2022.

A number of factors, both from the demand and supply side, have contributed greatly to Covid-19. There’s also the fact that everything we know – every gadget has a chip inside – from refrigerators, cars, smart speakers, and so on.

As the pandemic hit in early 2020, demand for consumer electronics and chips took a hit, but as production staggered back towards the end of 2020, demand for all kinds of chips in all types of devices from smartphones and laptops and more turned to hyper equipment. , and chip manufacturers are struggling to keep up with demand.

And with preliminary conservative estimates, this chip shortage is expected to last at least a year or more.

The report highlights that device shortages across different categories are expected to extend into the second quarter of 2022, while substrate capacity constraints have the potential to expand into the fourth quarter of 2022.

“A semiconductor shortage will seriously disrupt supply chains and will limit the production of many types of electronic equipment by 2021,” said Kanishka Chauhan, principal research analyst at Gartner.

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Samsung Will Supply LTPO Screens and Circuit Boards for the Latest iPhone 13

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Samsung Will Supply LTPO Screens and Circuit Boards for the Latest iPhone 13

The iPhone 13 Series, which Apple will launch this year, is predicted to come with a new screen that supports high refresh rates. The reason is that many fans are waiting for Apple to present a screen upgrade on its newest iPhone.

Now, there is a recent report from South Korea which states that in the future almost all iPhone 13 produced by Apple will use Samsung’s LTPO screen.

Although later there will be a few screen components supplied by LG, the circuit board that connects the screen to the smartphone will come from Samsung Display.

More specifically, it is known that Apple will order 110 million screen panels from Samsung Display, 50 million from LG, and 9 million from BOE to meet consumer demand when the smartphone is launched.

The use of the LTPO (low-temperature polycrystalline oxide) screen made by Samsung is known to allow the iPhone 13 Series to come with a 120Hz refresh rate and use less battery thus extending its durability.

As information, the circuit board that will be used in the iPhone 13 itself is said to have a strong and flexible type of RF PCB. However, for the iPhone 13 and 13 Mini, Apple is said to be using a cheaper and conventional FPCB design.

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