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Apple
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Apple

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Apple
Apple
Apple designs and sells consumer electronics and personal computers, and also operates retail stores and streaming service Apple TV+. It is one of the world’s biggest companies and the second-largest mobile phone-maker after Samsung.
Chairman / President
Arthur D. Levinson
CEO / Managing Director
Tim Cook
Tim Cook
CFO / Finance Director
Luca Maestri
Industry
Computer hardware. Computer software. Consumer electronics. Digital distribution
Website
apple.com
Headquarters address
Apple Campus, Cupertino, California, U.S.
Stock Code
NASDAQ: AAPL
Year founded
1976
Apple iPhones on display at the company’s first retail store in Bengaluru, India, last year. Photo: Reuters
Smartphones

Apple poised to unveil most expensive iPhone yet, fuelled by memory price surge

TrendForce says 20 per cent increase is “moderate”, with memory costs for 256-gigabyte iPhone 18 Pro model up nearly 400 per cent in a year.

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ByteDance

Exclusive | ByteDance to expand massive AI data centre cluster in Inner Mongolia: source

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United States

Apple’s new CEO Ternus takes over from Tim Cook after 15 years

Smartphones

Huawei, Apple bend to the market with foldable phones in September

A new foldable iPhone and the Mate XT 2 are coming as analysts predict a double-digit plunge in smartphone shipments this year.

A Huawei staff member holds a Mate XT tri-fold smartphone during a product launch event last year. The Chinese tech giant unveiled the Huawei Mate XT, the world’s first tri-fold smartphone, for its international market. Photo: EPA-EFE
Smartphones

Key Apple suppliers pin hopes on new iPhone amid memory price squeeze

Foldable handsets will be a rare bright spot this year, fuelled by Apple’s highly anticipated entrance this autumn, says Counterpoint.

Semiconductors

Why is Xiaomi doubling down on in-house chips amid a profit slump?

Chinese tech giant’s Xring O3 3nm AI processor scheduled to debut aboard folding smartphone in September.

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Artificial intelligence

In Focus | Once known for livestock, a rural Chinese city pivots to AI super units

Fueled by cheap wind power and a cool climate, Inner Mongolia’s Ulanqab is turning energy produced in its pastureland into power for the AI boom.

Photo: Dennis Yip
Zhu Rongji

How Zhu Rongji’s economic legacy endures in China after former premier’s death

Remembered as a candid, decisive leader, the former Chinese premier championed entrepreneurship, welcomed foreign expertise and brought urgency to economic policymaking.

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Artificial intelligence

Chinese AI start-up ModelBest kicks off pre-IPO tutoring process on mainland

Company says it has hired Citic Securities to guide pre-listing preparation but has not announced further details of plans.

Artificial intelligence

Apple’s Tim Cook warns Siri AI roll-out in China will take time

In earnings call, Cook says Apple to launch AI software in China, an effort to retain competitive edge in world’s largest smartphone market.

An Apple store in the Xuhui district in Shanghai on July 1. Photo: AFP
Trending in China

‘Shy’ Chinese Elon Musk lookalike chef draws crowds, prefers work over fame

Several individuals have approached Ma with business opportunities, but he chooses to prioritise his restaurant over live-streaming.

A Chinese barbecue chef, strikingly resembling Elon Musk, has taken social media by storm, attracting eager customers for both delicious food and memorable photos. Photo: SCMP composite/Shutterstock/Douyin
China stock market

CXMT shock: China’s alternatives punch Micron, SK Hynix shares

Advances in chips, chipmaking equipment and AI models disrupt stocks by threatening the edges of existing leaders, investors say.

China’s private sector

Why has the China-US profit gap widened on the Fortune Global 500?

Despite posting strong revenues, China’s multinationals logged average profits of US$4.5 billion in 2025, just 40 per cent of US counterparts’ figure.

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China consumption

China’s Pop Mart opens new store in Singapore’s Sentosa as domestic sales slow

Popular toymaker targets global expansion and revenue diversification, looking beyond just collectibles.

Pop Mart has opened a new store in Sentosa, Singapore. Photo: Handout
SCMP Highlights

Apple leak in India, China eyes Indonesia for mineral access: 5 weekend reads

From India losing credibility in the supply chain race to China’s interest in Indonesian minerals, here are five stories you may have missed over the weekend.

Customers purchase the newly launched iPhone 17 at Apple Hebbal, in Bengaluru on September 19, 2025. Photo: AFP
India

After Apple leak, has India lost ground in its supply chain race with China?

In the wake of a cyberattack on a local Apple partner, insiders say India has a long way to go before challenging China as a manufacturer.

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US-China trade war

Trump’s manufacturing push meets reality as costs rise and investment stalls

Tariffs alone have yet to overcome China’s competitive edge as policy uncertainty and structural hurdles weigh on US industry.

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European Union

EU fines Google US$1 billion, risking US fury

The fines are the biggest in total against one company under the competition law known as the Digital Markets Act.

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An illutration shows the logo of Google displayed on a smartphone in front of an European Union flag. The US tech titan accused the EU of dismantling safety protections on Google Play. Photo: AFP
Hong Kong stock market

SpaceX slump fails to dent Hong Kong tech as investors seen pivoting

Heavyweights such as Alibaba gain as analysts bet on business models of locally listed tech companies that differ from US counterparts.

Tourism

Why San Diego Comic-Con 2026 will see Marvel, HBO, Apple TV and more return

Hollywood’s largest studios are back at San Diego Comic-Con after deliberately missing out on the convention in 2025.

Artificial intelligence

Xi’s call on AI, Trump blasts China, US tariffs

This week: Chinese president urges open and secure AI, US leader accuses Beijing over 2020 election, GDP growth slows. Next week: US global tariff expiry, Apec ministers meet, Hong Kong lawmakers decamp to Beijing.

Chinese President Xi Jinping waves as he arrives at the opening ceremony of the World AI Conference in Shanghai. Photo: EPA//Pool
Artificial intelligence

On-device models steal the spotlight as China’s edge AI sector heats up

A growing number of tech firms are pivoting to lightweight models designed to run entirely on smartphones and laptops.

On-device models promise faster processing, enhanced data privacy and lower operating costs, according to proponents. Photo: Shutterstock
Smartphones

China’s OnePlus exits US and European markets as smartphone memory pain deepens

The industry is staggering under a chip shortage that has dragged down shipments, forcing handset makers to recalibrate strategies.

Semiconductors

China memory-chip maker CXMT set for mega IPO

Listing could be country’s second biggest at US$9.8 billion and comes as global demand for memory chips soars on the back of AI infrastructure build-out.

Artificial intelligence

China approves Apple Intelligence for iPhones, with Alibaba, Baidu as partners

After a two-year delay, the iPhone maker is cleared to deploy AI tools on its smartphones by tapping Alibaba and Baidu’s capabilities.

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People walk past a booth showcasing Apple’s suppliers during the China International Supply Chain Expo in Beijing on June 22. Photo: Reuters
Artificial intelligence

China’s StepFun beats Apple and OpenAI to ‘world’s first AI phone’

Tencent-backed firm launches the AI-native StepX Neo smartphone, challenging US tech giants amid Apple-OpenAI legal clashes.

Tencent Holdings-backed StepFun introduced the StepX Neo in Shanghai on Monday, which it claims to be the world's first agentic smartphone. Photo: Weibo
Semiconductors

Meet CXMT’s Zhu Yiming: the man building China’s memory-chip giant

From a Silicon Valley garage to China’s largest DRAM maker and a US$4.4 billion IPO, Zhu reportedly refused pay until CXMT became profitable.

United States

Apple sues OpenAI for stealing trade secrets

The lawsuit also targets two ex-employees, Tang Yew Tan, now OpenAI’s chief hardware officer, and engineer Chang Liu.

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