The page you are looking for is temporarily unavailable.
Please try again later

Tech & Science Apple Goes From Villain to Coveted Client With This Finnish Firm

14:51  12 march  2018
14:51  12 march  2018 Source:   bloomberg.com

Apple is reportedly planning to release a cheaper MacBook Air later this year

  Apple is reportedly planning to release a cheaper MacBook Air later this year Apple hasn’t done much with its ultra-thin MacBook Air in recent years, opting to slim down some of its other offerings instead. According to 9to5Mac, analyst Ming-Chi Kuo expects that Apple will release a 13-inch MacBook Air “with a lower price tag,” later this year, and that the lower price could help boost Apple’s laptop sales.

A former prime minister of Finland once blamed Apple Inc. for torpedoing two of his country’s biggest industries -- mobile phones and paper mills. “We have two champions which went down,” said Stubb, referring to the paper industry and the demise of local champion Nokia Oyj.

[LONDON] A former prime minister of Finland once blamed Apple Inc. for torpedoing two of his country's biggest industries - mobile phones and paper mills. Singapore firms to get direct access to infrastructure opportunities in Bangladesh.

Stora Enso Paper Mill Production © Bloomberg Stora Enso Paper Mill Production (Bloomberg) -- A former prime minister of Finland once blamed Apple Inc. for torpedoing two of his country’s biggest industries -- mobile phones and paper mills.

Now Stora Enso Oyj, one of Europe’s largest paper and packaging makers, has become a key supplier to the iPhone maker, according to documents published last week.

The tie-up wasn’t always on the cards. In 2014, then prime minister Alexander Stubb accused the iPad of killing Finland’s paper industry, which is dominated by Stora and UPM-Kymmene Oyj. “We have two champions which went down,” said Stubb, referring to the paper industry and the demise of local champion Nokia Oyj.

Apple is reportedly working on headphones to rival its own Beats

  Apple is reportedly working on headphones to rival its own Beats Beats by… Tim? A new report from Bloomberg today, March 5, suggests that Apple is may want to build on the surprise success of its…A new report from Bloomberg today, March 5, suggests that Apple may want to build on the surprise success of its AirPods wireless headphones and make a pair of high-end, Apple-branded headphones.

Apple goes from villain to coveted client with this Finnish firm . Editor's Choice. Mar 12, 2018.

Apple goes from villain to coveted client with this Finnish firm .

While Nokia is no longer rivaling Apple as a phone-maker, Stora hasn’t done that badly. Since Stubb publicly lamented its fate, Stora’s shares are up 150 percent.

a close up of a white background: Reducing the Paper Footprint © Provided by Bloomberg LP Reducing the Paper Footprint Created through a merger of Sweden’s Stora AB and Finland’s Enso Oyj in 1998, the company has spent billions shifting from the declining paper business -- as people increasingly switched to digital from printed newspapers -- to focusing on innovative wrappings made from tree and plant fibers. More than a third of its sales now come from consumer board and packaging solutions, up from a fifth two decades ago.

Apple has undergone its own shift, away from plastic packaging. For its recent iPhone 8 launch, Apple used a fiber-alternative instead of the polypropylene wrap around the power adapter. The packaging for the iPhone 7 used 84 percent less plastic than the previous version.

Apple confirms it will stop taking iTunes LP submissions as of this month

  Apple confirms it will stop taking iTunes LP submissions as of this month Apple has confirmed to The Verge that it will stop taking new iTunes LP submissions as of this month. The format, which was launched in 2009, was a way for users to buy albums with bundled elements, like videos, liner notes, or bonus tracks.Earlier today, UK-based website Metro claimed to have a leaked internal email from Apple sent to music producers titled “The End of iTunes LPs.” The email supposedly stated that “Apple will no longer accept new submissions of iTunes LPs after March 2018,” and that “existing LPs will be deprecated from the store during the remainder of 2018.

Apple goes from villain to coveted client with this Finnish firm . Singapore firms to get direct access to infrastructure opportunities in Bangladesh.

Apple goes from villain to coveted client with this Finnish firm .

Spokespeople from Stora and Apple declined to comment on the details of the deal between the two companies.

However, winning a contract with Apple gives Stora access to a customer that sells around 75 million iPhones a quarter, all requiring packaging.

It’s unclear which supplier was replaced by Stora, or whether it has worked with Apple before. Every year Apple lists its top suppliers, and companies including Shenzhen YUTO Packaging Technology Co., Ltd. remain on the list. Regardless, the current deal is likely to be sizable. This year is the first time Stora has made the list since Apple began publishing it in 2012.

The three Stora factories supplying Apple are based in China, where most of the U.S. tech company’s products are assembled. China’s push will “significantly” boost sales growth at Stora Enso’s Consumer Board and Packaging Solutions divisions, Chief Executive Officer Karl-Henrik Sundstrom told Bloomberg in February.

Apple is engaged in a global effort to safeguard its next game-changing technology .
Apple is working on a secret display technology that will soon be used in its products, including the iPhone. But Apple appears to be very aggressive about defending its innovations in a field that’s dominated by its rivals.

—   Share news in the SOC. Networks

Topical videos:

This is interesting!