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Huawei founder Ren Zhengfei has reportedly conveyed to President Xi Jinping that China’s concerns over semiconductor shortages have diminished. The statement, highlighted by state media, reflects a potential easing in tensions within the nation’s tech sector.

Apple’s recent focus on India signals a strategic shift in its global operations. As the company seeks to diversify its supply chain and tap into the growing Indian market, it underscores the country’s rising importance in the tech landscape.