Apple has a lofty new goal: it’s working on a “closed-loop supply chain” so it could stop mining the earth altogether and make its products from 100 percent renewable or recycled materials, including aluminum, copper, tin and tungsten.
Hon Hai Precision Industry, also known as Foxconn Technology Group, counts Apple as its key client. Foxconn assembles iPhones and their Apple contract accounts for more than half of the Taiwanese company’s earnings. Yesterday, Foxconn reported both its highest-ever holiday quarter net profit and highest-ever gross margin since first-quarter 2013.
In what could be described as a shakeup to Apple’s vaunted design team, its longtime industrial designer Christopher Stringer has left the company.
He was with the iPhone maker for 21 years, as per a new article Monday by The Information.
About a year ago, Danny Coster, another member of Apple’s elite industrial design team, has left the firm for greener pastures at GoPro. The design team at Apple’s gone through multiple changes in the last two years as Jonathan Ive stepped back from running the team, with Richard Howarth taking over day-to-day management of the group.
Apple has hired Shiva Rajaraman, a product leader formerly with Google’s YouTube, Spotify and Twitter, to accelerate its failing video content strategy, The Information reported yesterday citing people familiar with the matter. The paywall’d article cites three people briefed on the hiring as saying that Rajaraman will help shape Apple’s video strategy to take on established players like Amazon and Netflix.