They say good things come in threes.Well, at the moment, good things come in threes from Three.It has just unleashed some incredible new deals on Samsung's trio of 2019 handsets, taking an instant first place in the ongoing search for the very best Samsung Galaxy S10 deals.The discounts come on the network's 100GB tariff across each of the flagship Galaxy S10, bigger brother S10 Plus, and budget-friendly S10e.So you immediately know that you're not going to be found wanting when it comes to Netflix binging and Spotify streaming away from the Wi-Fi.But the prices that Three is offering aren't just good value for so much data, they're actually the outright best contract prices for these phones full stop.
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Vodafone Idea has contacted subscribers to confirm the end of its ultra-low-priced data tariff as it shifts towards ARPU over scale.According to The Economic Times, Vodafone Idea is following in the footsteps of Bharti Airtel to end its lower cost data tariffs.These might be attractive to Indian consumers and do encourage the overall subscription numbers, but the dent which has been put in ARPU figures seems to be too much to stomach anymore.“Dear Customer, your current Idea post-paid plan is no longer valid from 10-July-2019.You will be upgraded to Nirvana 399 with benefits of unlimited voice calls, 40 GB high speed data and 100 L/N SMS.”Although the telco is asking subscribers to effectively double their monthly bill, the new data plan does also include year-long subscriptions to Amazon Prime, Prime Video and Prime Music, as well as other bundled TV services.For Vodafone Idea, this is perhaps a move which has been on the horizon for some time.
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Tesla Denied Tariff Exemption for Chinese-made CPU in the Model 3 – FutureCarWhat happened: The U.S. government denied Tesla’s tariff exemption request for the Chinese-made CPU used in its popular Model 3 sedan.In a letter dated May 29, the US Trade Representative’s Office said the component is “a product strategically important or related to ‘Made in China 2025’ or other Chinese industrial programs.” The CPU is manufactured by Quanta Shanghai.A separate exemption request by the supplier of the Model 3’s touchscreen, SAS Automotive USA Inc, was also denied.Why it’s important: In a securities filing on April 29, Tesla wrote, “our costs for producing our vehicles in the US have also been affected by import duties on certain components sourced from China.” The company previously claimed that choosing a different CPU supplier would have “delayed the Model 3 launch by 18 months.” The 25% import tariff has also affected other US automakers, with General Motors stopping domestic sales of its Chinese-made Buick Envision, which accounted for nearly 15% of the brand’s sales in 2018.
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Tesla and Uber both had requests for tariff relief rejected by U.S. trade officials, a decision that will force the companies to pay a 25% tariff or seek new suppliers.Reuters was the first to report the decision by the office of the U.S. Trade Representatives.TechCrunch previously reported on The Trump Administration’s refusal to exempt the “brain” of Tesla’s Autopilot technology from punitive import tariffs.Last year, the Trump Administration imposed 25% tariffs on a range of imports, including electronics, to try and reduce the U.S. trade deficit with China.Tesla filed at the end of December a request for an exemption on the Model 3’s car computer, including its media control unit, connectivity board and advanced driver assistance system (ADAS) hardware.Uber was seeking an exemption on its Chinese-made electric bikes.
This is an excerpt from a story delivered exclusively to Business Insider Intelligence Connectivity & Tech subscribers.US and China trade tensions are boiling and have already spilled over to the smartphone market.Last month, when the US more than doubled tariffs on $200 billion of Chinese goods, China retaliated by taking $60 billion worth of US goods that previously had tariffs of 5-10% and placing those items into four new tariff groups: 25%, 20%, 10%, and 5%, according to The New York Times.Companies involved in the smartphone market are not immune from the effects of this retaliation.Here's what it means: The escalating trade war could lead major phone brands like Apple to shift their centers of production.Foxconn, Apple's biggest iPhone manufacturer, said it could move all production of US-bound iPhones out of China if needed.
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We already had black, white, blue and green, but now Carphone Warehouse has added a new colour option for the superb Samsung Galaxy S10.It's called Prism Silver, it's exclusive to the retailer and there are some fantastic S10 deals you can get with it right now.But it's worth noting that you'll only find the Prism Silver Galaxy S10 exclusively at Carphone Warehouse.The retailer is also adding an extra perk if you were hoping to use your old phone as collateral for your new Prism Silver S10 .And because we dig out the best Samsung Galaxy S10 deals every day, we know which stores are offering the cheapest contracts at any one time.At the moment, Carphone has our favourite tariff, more details of which can be found below...
Google is moving its production of US-bound Nest devices and server hardware out of China in order to avoid tariffs as high as 25 percent, reports Bloomberg.Production of motherboards heading to Google’s US data centers have moved to Taiwan, while Nest devices heading Stateside are now being produced in Taiwan and Malaysia.The moves are a response to increasing tensions created by the US-China trade war.The shift in geographies are meant to shore up Google’s bottom line.Tariffs have to either be absorbed directly by the companies or passed along to consumers in the form of higher prices.As such, many companies that sell to the USA are now considering moving at least some of their manufacturing out of China, disrupting a complex global supply chain network as old as “iPod cities.”
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Google Is Moving More Hardware Production Out of China – BloombergWhat happened: Google is preparing to move the production of smart thermostats and motherboards away from China to avoid the 25% import tariff on Chinese-made goods and to mitigate the risk of a volatile and often hostile government in Beijing, Bloomberg reported, citing anonymous sources familiar with the issue.The Silicon Valley company has already moved a significant portion of hardware production outside China.Motherboards are being migrated to Taiwan and smart thermostats to Taiwan and Malaysia, the anonymous sources said.Why it’s important: The report shows the growing impact of the Trump administration’s tariffs on the Chinese economy, as US tech giants are caught in the crossfire and forced to explore alternatives to manufacturing in China.Yesterday, Foxconn, the largest assembler of iPhones in the world, declared it is ready to move iPhone production away from China.
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A senior Foxconn executive says that the company could move production of all iPhones destined for the US out of China if the current trade war demands it.In comments reported by Bloomberg and The Wall Street Journal, the head of Foxconn’s semiconductor business group, Young Liu, said, “25 percent of our production capacity is outside of China and we can help Apple respond to its needs in the U.S. market.”“We have enough capacity to meet Apple’s demand,” Liu said at an investors’ conference.Apple has yet to instruct Foxconn to move production out of China according to Liu.Apple might need to rethink manufacturing after tariffs up to 25 percent come into effect at the end of June.The new tariff is expected to apply to the wholesale cost of devices like phones, laptops, and tablets imported from China to the USA, the market where a third of Apple’s iPhone revenue comes from.
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Foxconn, the world’s largest electronics manufacturing contractor and China’s biggest private sector employer, announced significant organizational changes in a conference on Tuesday as its founder, Terry Gou, prepares to run in Taiwan’s 2020 presidential election.The company also sought to reassure investors that a plan to expand its manufacturing capacity outside China is at the ready should US-China trade tensions affect its supply chain.Chairman of Foxconn’s telecom business Sung-Ching Lu said at the conference that the firm is ready to expand its international factories should tariffs render products made in China too expensive in the US.In its first investor conference in Taipei, the Taiwan-based conglomerate announced that it is forming a new leadership committee to make major business decisions.Foxconn revealed the long-awaited news of a nine person “operation committee” which will make decisions on major business matters, overseen by the board of directors.More executives will participate in daily operations under the new structure.
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(Reuters) — Foxconn, the world’s top contract electronics assembler, said it had enough capacity outside China to meet Apple’s demand in the American market if the need should arise for the iPhone maker to adjust its production lines due to the U.S.-China trade war.The comments come as U.S. President Donald Trump has threatened to slap further tariffs on $300 billion worth of goods from China — where the bulk of Apple’s devices are assembled.“Twenty-five percent of our production capacity is outside of China and we have enough capacity to meet Apple’s demand in the U.S. market,” a member of the Taiwanese firm’s proposed new board, Liu Young-way, said on Tuesday.Liu was speaking at Foxconn’s first investor conference in Taipei, where the company also said it was well positioned to tackle the “increasingly tough” trade war situation with its production lines across 16 countries.The trade war “will have some impact, but it will be limited,” Liu said.He also emphasized that Foxconn’s investment in Wisconsin was more important than before given the trade war.
Fresh off an apparent victory in his trade scuffle with Mexico, President Donald J. Trump ratcheted up his ongoing trade war with China on Monday.Trump warned in a CNBC interview that if China President Xi Jinping fails to appear at the G-20 summit later this month in Japan, he’ll immediately slap an additional $300 billion in tariffs on Chinese imports, which could be bad news for the technology and manufacturing sectors.So far, China has not confirmed Xi’s attendance at the G-20 meeting.The new tariffs would mean nearly every imported good from China would be taxed.Manufacturing and tech stand to loseTrump’s latest threats could spell real trouble for American manufacturing and tech, which are already feeling the pinch of the more than $200 billion in tariffs placed on Chinese imports last month.
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The government has followed up on its promise of a new scheme after ending the solar panel feed-in-tariff system in April.800,000 homes had free solar panels installed as part of feed-in-tariff, with the number of new installations falling by 94 per cent once the government axed subsidies a couple of months ago.The new scheme will see homeowners get paid for any surplus electricity generated by renewable energy sources by their suppliers.“The new smart export guarantee will ensure households that choose to become green energy generators will be guaranteed a payment for electricity supplied to the grid,” said Chris Skidmore, minister of energy and clean growth."If households with panels and batteries can store electricity and sell it back to the grid when it is most needed we could see some homes with negative power bills,” said Greg Jackson, CEO of energy supplier Octopus.To be eligible for the scheme, your house will need to have the capacity to produce up to 5 megawatts of renewable energy that's tracked by a smart meter.
Following a 94 per cent drop in the number of domestic installations of solar panels last month, the Labour Party is accusing the government of killing off the industry by axing subsidies.Initially rolled out in 2010, Solarplicity's largest UK green energy scheme had plans for up to 800,000 low-income homes to get free solar panels over the course of five years.The £1 billion project was aimed at helping cut energy costs for those in social housing, and was expected to create 1,000 jobs.That was soon put to an end with the announcement last year (via Energy Live News) that the Feed-in-Tariff scheme was coming to an end in April of this year.Shadow business secretary, Rebecca Long-Bailey, said that "the government, for some reason, appears to be determined to kill it off, while continuing to cheerlead for fracking," adding that "Parliament declared a climate emergency yet there is no evidence that this government takes this seriously."Cabinet office minister, David Lidington, responded by stating that the UK has cut its greenhouse gas emissions faster than any other G7 nation since 2010, and that further plans in relation to climate change policies will be revealed "later this year".
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Hey, you know what would be kind of a bummer?What if you were a gigantic multinational automobile manufacturer and you just finished opening your first plant in a country that is currently being threatened with import tariffs by another country that is among the biggest consumers of your cars?That would be pretty awkward, right?Well, BMW finds itself in just that position after the grand opening of its San Luis Potosí plant in Central Mexico, according to a report Thursday by Automotive News.The San Luis Potosí plant is one of three plants that BMW is opening to help produce its new global 3 Series platform.The others are in Germany and China -- other potential targets for Trump tariffs, though those cars will likely be produced for domestic consumption rather than export, unlike those in Mexico.
Tim Cook on tariffs, immigration and whether we spend too much time on our iPhones – CBS NewsWhat happened: Neither Chinese nor American authorities have targeted Apple with import tariffs, the company’s CEO Tim Cook said in an interview with CBS News last night, adding that he doesn’t expect they will.He argued that because iPhone components are manufactured in several countries and the final product is assembled in China, tariffs on iPhones would hurt many countries, but especially the US.Should American authorities decide to impose a tariff on the smartphone, which is assembled in China, the company’s business would certainly suffer a blow, Cook said, but he thinks that this scenario is unlikely.He added that he doesn’t expect China to use Apple as a retaliation tool as the Huawei standoff escalates.Why it’s important: Cook’s comments come at a time when Apple’s position in global smartphone manufacturing is facing difficulties.
The Consumer Technology Association is slamming President Donald Trump's plans to impose higher tariffs on imported Mexican goods.CTA President Gary Shaprio issued a statement on Friday calling the plan "shortsighted" and "short-tempered" and lacking the economic understanding that "tariffs are taxes."Most importantly, Shapiro said, American families, workers and companies would pay the price.Shapiro, who's organization runs the annual CES gadget show and represents the US consumer technology industry, said Mexico is one of the US' top trading partners and responsible for $41 billion in US consumer tech sector goods in 2017 and almost double that of the next-highest export market."If Mexico reciprocates with tariffs of its own, our country's employers and workers will end up paying twice over for the administration's misguided trade policies," he said.Shapiro's thinking seems to be in line with Chinese tech giant, Huawei.
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Automotive tariffs have been in the news quite a bit over the past few months, but those have mostly related to China, and that's caused plenty of hiccups for the global automotive industry.Now though, things are getting really real because the Trump administration is going after Mexico.Specifically, Trump is calling for a 5% tariff on all goods coming from Mexico, one that would increase until hitting a ceiling of 25% in October.Illegal immigration -- or at least that's what he's saying, according to a report published Friday by Reuters.This 5% tariff would drive prices up on a massive number of goods, ranging from Mexican Coke and Topo Chico to nuclear reactor parts and cars built by companies like Ford and even vehicles from German and Asian manufacturers like BMW, VW and Toyota.Some estimates suggest that this tariff would boost US car prices by over $1,000 per unit.
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Last week, Bloomberg published estimated costs for the upcoming China-built Tesla Model 3.Now, Tesla has confirmed some of these numbers, and it appears Bloomberg wasn't too far off.Tesla said on Friday that it would price the locally-built Model 3 for Chinese markets from 328,000 yuan (about $47,500).Bloomberg estimated the price at or just above 300,000 yuan (about $43,400) -- it's unclear if Bloomberg's sources included value-added tax in the estimation, but the price mentioned above does include that tax, although it doesn't include any subsidies.That money will get you a Tesla Model 3 with an estimated 286 miles of range, but buyers will have to be fine with waiting.Right now, delivery estimates are set at 6 to 10 months, since its Shanghai facility isn't quite up and running yet.
Over the past year, trade relations between the United States and China have continued to strain under increased tariffs imposed by the Trump administration.Now, President Trump is shifting his focus toward Mexico, another of the US’s top trade partners, and consumer tech groups are worried.On Thursday, Trump announced that he plans to impose a 5 percent tariff on all imported goods from Mexico as a direct response to the number of unauthorized immigrants who are arriving in the United States via the southern border.The tax will go into effect on June 10th and increase each month, reaching a maximum of 25 percent in October, unless Mexico finds a way to deter illegal migration across the US southern border.“This is potentially devastating to American small businesses and all the people they employ,” Gary Shapiro, president and CEO of the Consumer Technology Association (CTA), said in a statement.“This is a short-sighted, short-tempered reaction that doesn’t recognize a basic economic fact – tariffs are taxes.” The CTA sponsors consumer tech events, including its annual Consumer Electronics Show (CES).
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