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France 24

Business

Charles PELLEGRIN

Apple launches new iPhone as push to diversify supply chain continues

Apple Supply chain Birkenstock the New York Stock Exchange California China India IPO the Panama Canal

BUSINESS DAILY © FRANCE 24

Apple launched its latest iPhone on Tuesday during an event at its California headquarters, highlighting the device’s new features such as a USB charging port and a titanium lining. The company is diversifying its supply chain away from China by increasing the number of smartphones made in India. Also in this edition, a traffic jam is forming at the entrance of the Panama Canal as passage has been restricted to conserve water. German sandal brand Birkenstock files for an IPO on the New York Stock Exchange. We take a closer look.

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