WEDNESDAY, 30 NOV 2022

 

CONNECT

Facebook Linked In Twitter
IMH LTD

Kokkinos: Cyprus Ranks 10th In The EU As An Innovative Economy

European Commission Agreement To Mobilise €500 Mln For Social Investments

IMH LTD

INTERNATIONAL

brought to you by CIPA

Apple Forced To Change Charger In Europe As EU Approves Overhaul

Apple Forced To Change Charger In Europe As EU Approves Overhaul

Apple (AAPL.O) will have to change the charger for its iPhones in the European Union from autumn 2024 to comply with new rules introducing a single charging port for most electronic devices.

The reform passed by an overwhelming majority in the European Parliament on Tuesday, the first of its kind anywhere in the world, potentially strengthens the EU's role as a global standard-setter on telephone technology. The vote confirmed an earlier agreement among EU institutions.

The new rules will make USB-C connectors used by Android-based devices the standard across the 27-nation bloc, forcing Apple to change its charging port for iPhones and other devices.

It will also apply to laptops from 2026, giving manufacturers longer to adapt, although many already use USB-C.

Apple is expected to be the most affected of the big providers of electronic devices to European customers, although analysts say the impact could be positive if it encourages shoppers to buy the U.S. company's new gadgets instead of ones without USB-C.

Shares in European semiconductor manufacturers rose on Tuesday after the vote, including those of Apple suppliers STMicro and Infineon.

The deal also covers e-readers, ear buds and other technologies, meaning it may also have an impact on Samsung (005930.KS), Huawei [RIC:RIC:HWT.UL] and other device makers, analysts said.

Apple, Samsung and Huawei were not immediately available for comment.

Under the reform, mobile phones and other devices sold after autumn 2024 will have to be compatible with the single charger, said Alex Agius Saliba, the EU lawmaker who steered the reform through the EU assembly. Old chargers will not be outlawed, however, so that customers can continue to use older models.

The large size of the EU market means the new rules may lead to changes in other countries.

GRADUAL PHASE-OUT

Saliba told a news conference that outlawing old chargers would have had a disproportionate impact on consumers and the environment, but noted that the change is expected to lead to a gradual phase-out of older products.

In total 13 categories of electronic devices will have to adapt by autumn 2024.

The Parliament extended the original proposal from the EU's executive Commission, which covered only seven types of devices. Lawmakers also added laptops from 2026.

Apple has in the past warned that the proposal would hurt innovation and create a mountain of electronics waste.

The change had been discussed for years and was prompted by complaints from iPhone and Android users about having to switch to different chargers for their devices.

The European Commission has estimated that a single charger would save about 250 million euros ($247.3 million) for consumers.

Half the chargers sold with mobile phones in 2018 had a USB micro-B connector, while 29% had a USB-C connector and 21% a Lightning connector, which is used by Apple, a 2019 Commission study showed.

Apple is working on an iPhone with a USB-C charging port that could debut next year, Bloomberg reported in May.

The Commission has also been mandated by lawmakers to assess the possible regulation of wireless charging, but an EU official said no decision has been made yet, noting that the technology is not yet mature.

 

Source: Reuters

MORE ON INTERNATIONAL

EU Antitrust Regulators Ramp Up Microsoft Scrutiny, Probe Likely

Microsoft (MSFT.O) is likely to face an EU antitrust investigation as regulators ...

Global Regulators To Target Crypto Platforms After FTX Crash

The crash of FTX exchange has injected greater urgency into regulating the crypto sector ...

Bitcoin Plunges To A 2-Year Low As FTX Collapse Contaminates Industry

Cryptocurrencies are continuing to feel the shockwaves of the crumbling FTX ...

FROM AROUND GOLDNEWS

   

AWS Helps Ukraine Safeguard Its Future

On Tuesday, November 29, at the AWS re:Invest 2022 in Las Vegas, the Ukraine Deputy Prime Minister and Minister for Digital Transformation Mykahilo Federov and ...
   

AWS re:Invent 2022 Opens Its Doors

On Monday, November 29, the AWS re:Invent 2022 opened its doors to the global cloud community to celebrate its successes over the year, showcase the power of ...
   

Cyprus Is Dealing With The Economic Crisis With Specific Investment Policies And Programmes, Finance Minister Says

Cyprus is dealing with the economic crisis with specific investment policies and programmes, bringing growth to 6%, and increasing the fiscal reserve to ...
   

Alphamega Hypermarkets Holds Big Christmas Tree Lightning Celebration

Alphamega Hypermarkets has officially started counting down to the most wonderful time of the year. Five Alphamega stores held simultaneous Christmas tree ...
   

3rd Annual Corporate Blood Donation Limassol Success

On the 2nd and 3rd of November 2022 with the initiative of the company Royal Pine, the 3rd Annual Corporate Blood Donation Limassol took place.
   

Kokkinos: Cyprus Ranks 10th In The EU As An Innovative Economy

Cyprus, as an innovative economy, based on European indicators, currently ranks 10th, compared with 22nd until five years ago, when it did not have the ...
   

Proposed Changes To Naturalisation Law Submitted To Parliament

The new Naturalisation bill has been was submitted to the House of Representatives of the Republic of Cyprus earlier this week for discussion and approval.
   

European Commission Agreement To Mobilise €500 Mln For Social Investments

The European Commission and the Council of Europe Development Bank (CEB) have signed an InvestEU guarantee agreement worth up to €159 million. This makes ...
 

YOUR COMMENTS

HEADLINES

MOST POPULAR

simplex 16/11-13/12
cyta roadshow_29/11-5/12

IMH LTD