Samsung Plans Mass Job Cuts Outside Korea
Samsung plans to slash up to 30% of its workforce outside of its home market in South Korea.
Apple has announced a new product launch at its headquarters on 9 September. The launch will include new AI features and updates to its iPhones, watches, and AirPods. The theme of the event is "It’s Glowtime," which could reference an interface used by the new Siri digital assistant in its latest devices.
Apple’s iPhone 16 smartphones will include new AI elements the company talked about at its developer conference in June. Based on the developer conference, it is expected that executives will highlight the use of AI-enabled Apple Intelligence on its iPhone, iPad, and MacBook laptops. The tech giant will also reveal updates to its smartwatch line-up and retooled AirPods.
The event and updated devices are crucial to reviving Apple’s slumping growth. The company posted a decline in iPhone sales and a revenue decrease in China in the quarter that ended on 29 June.