Sources: Apple and Intel have reached a formal deal in recent months for Intel to manufacture some chips for Apple devices; INTC closes up 13.93%
The iPhone maker and U.S. silicon giant will work together on chips for Apple devices. The Trump administration pushed for the deal.
Amazon agrees to acquire satellite operator Globalstar, set to close in 2027, to expand Leo; Amazon and Apple say Leo will power some iPhone and Watch services
Globalstar would be its second-biggest deal ever I think: Whole Foods — $13.7B Globalstar — ~$11.6B announced / pending MGM — $8.45B One Medical — ~$3.9B Zoox — ~$1.3B Zappos — ~$1.2B Ring — ~$1.0-1.2...
Amazon agrees to acquire satellite operator Globalstar, set to close in 2027, to expand Leo; Amazon and Apple say Leo will power some iPhone and Watch services
Today Amazon.com, Inc. and Globalstar, Inc. announced that they have entered into a definitive merger agreement under which Amazon …
Sources: Tencent and Apple signed a deal to let Apple handle payments and take a 15% cut of purchases in WeChat mini games and apps, after over a year of talks
Tencent Holdings Ltd. has agreed a deal with Apple Inc. that will see the iPhone maker handle payments and take a 15% cut …
Source: Apple expands its Tata partnership in India, giving Tata the iPhone and MacBook after-sales repair business from an Indian unit of Taiwan-based Wistron
Apple has brought in Tata Group to handle repairs for iPhones and MacBook devices in its fast-growing Indian market …
Sources: Tata Electronics agrees to buy a 60% stake in Pegatron's iPhone plant in Tamil Nadu, India, forming a joint venture, and will run the daily operations
India's Tata Electronics has agreed to buy a majority stake in Taiwanese contract manufacturer Pegatron's only iPhone plant in India …
Sources: Pegatron is in advanced talks to hand over its only iPhone plant in India to the Tata Group, which will hold a 65%+ stake; Apple supports the move
Pegatron (4938.TW) is in advanced talks to hand over control of its only iPhone manufacturing facility in India to the Tata Group …
Sources: Tata plans to build one of India's largest iPhone plants, employing 50,000 workers within two years, and expects operations to begin in 12 to 18 months
- New plant would speed up Apple's diversification beyond China — Tata wants more Apple business after buying one iPhone factory
Qualcomm says Apple extended its modem deal for three more years, covering “smartphone launches in 2024, 2025, and 2026”; the prior deal was set to end in 2023
- Pact between the companies had been scheduled to end this year — The iPhone maker has been trying to create its own components
Sources: Tata Group is close to an agreement to acquire Wistron's iPhone plant near Bengaluru as soon as August 2023; the deal is potentially valued at $600M+
Sankalp Phartiyal / Bloomberg :