Archives of “Computer architecture” tag

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Chinese trade delegation en route to Washington to sign Phase One trade deal – Global Times

  
  Analysis
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Global Times with a tweet update on the matter

US China

The update reads:

The Chinese trade delegation led by Vice Premier Liu He has left Beijing en route to Washington DC to sign the phase one #tradedeal with US officials, a source told the Global Times on Monday. #tradetalks #tradewar

It looks like all is going according to plan and schedule – at least for now – with the deal expected to be signed off later in the week on 15 January.
As mentioned before, the details of the deal will be of particular importance so look towards that bit of information next as to how market participants will tie all of this to US-China trade sentiment in the bigger picture.
So far, markets are keeping more steady in the run up to the trade deal signing with risk faring rather decently today. USD/JPY is still keeping at fresh seven-month highs around 109.90 while gold is down by 0.7% around $1,550 at the moment.

Elon Musk says Tesla would have gone bankrupt if he didn’t shift production from solar

  
  Analysis
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That’s quite the admission

Tesla would have gone bankrupt if CEO Elon Musk didn’t shift workers from Solar City to Model 3 production, he said in a deposition that was just made public.
“If I did not take everyone off of solar and focus them on the Model 3 program to the detriment of solar, then Tesla would have gone bankrupt,” Musk said in a June pre-trial deposition made public in state court in Delaware. “So I took everyone from solar, and said: ‘instead of working on solar, you need to work on the Model 3 program.’ And as a result, solar suffered, as you
would expect.”
That’s a pretty serious thing to admit — and not to disclose at the time it was happening.
The deposition was in a lawsuit from pension funds that argue Tesla shouldn’t have spent $2 billion to buy SolarCity when it was struggling itself. The insinuation is that Tesla bailed out Musk’s other project to save face.

Apple increases production of iPhone 11: sources

  
  Analysis
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Apple has told suppliers to increase their production of its latest iPhone 11 range by up to 10%, or 8 million units, the Nikkei Asian Review has learned, following better-than-expected demand worldwide for its new cut-price handset.

The increase in orders appears to validate Apple CEO Tim Cook’s new strategy of enticing budget-conscious consumers with cheaper models amid the weakening world economy. The order boost of between 7 million and 8 million units is equivalent to total annual phone shipments this year by Google, a rising iPhone rival in Apple’s home U.S. market.

“This autumn is so far much busier than we expected,” one source with direct knowledge of the situation said. “Previously, Apple was quite conservative about placing orders,” which were less than for last year’s new iPhone. “After the increase, prepared production volume for the iPhone 11 series will be higher compared to last year,” the source said.

Shares of Apple component manufacturers rose in Japan after publication of the Nikkei report, outperforming the broader market. Japan’s Minebea Mitsumi closed up 3%, troubled iPhone screen maker Japan Display rose by almost 2%, while Murata Manufacturing and Alps Alpine also gained.

Apple launched its three new iPhone models — the iPhone 11, 11 Pro, and 11 Pro Max — in early September, and for the first time in its history reduced the starting price of the model upgrade, despite better cameras, to $699, compared to $749 for last year’s iPhone XR. (more…)

Huawei unveils own mobile operating system to rival Google’s Android

  
  Analysis
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China’s Huawei Technologies on Friday unveiled its own smartphone operating system which it said could replace Google’s Android in just “one to two days” if access to the world’s most popular mobile platform were blocked by the U.S.

The tech giant said its Harmony OS — pronounced Hongmeng in Chinese — was more flexible than Google’s Android, capable of supporting all devices from smartphones and smart speakers to wearables, smart displays and next generation automobiles. The system was revealed at Huawei’s annual developers’ conference in Dongguan by Huawei’s Consumer Electronics Group CEO Richard Yu.

“We can start using our Harmony OS anytime for smartphone and the migration from Google’s Android to our own Harmony OS is not that difficult… We can do it in one to two days,” Yu said.

Harmony OS is a key weapon in Huawei’s fightback against the campaign by the U.S. government to restrict the technological development of the world’s second biggest smartphone maker. It will allow the group to offer a common ecosystem of services and applications across all of its consumer devices.

However, in an implicit admission that Harmony OS could struggle in a consumer segment where 80% of all smartphones carry the Google system, Yu said Huawei would continue to prioritize using Android for its smartphones if allowed. (more…)

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