Component suppliers confirm Apple iPad 4 release date
The strength of Apple’s supply chain never ceases to amaze. This time, all those holiday shoppers who bought iPad 2s in the past couple months will be kicking themselves.
Component suppliers confirmed to Digitimes that Apple will begin shipping the so-called iPad 3 in March, but will also be sending out what industry sources in Taiwan called the ‘iPad 4’ in October.
According to the Digitimes report, the iPad 4’s main area of improvement will be on its apps, which the article describes as “killer.” The iPad 4’s display will reportedly measure 9.7 inches.
While Apple might be redefining the phrase “out with the old, in with the new,” there is some good news for those still hoping to get their hands on older generations of the popular tablet computer, who will be able to get the iPad 2 at a discounted price of $399.
SEE OTHER TOP APPLE STORIES IN THE SUPPLY CHAIN DIGITAL CONTENT NETWORK
The new technology and the price reduction of the older iPad will help Apple continue to fight off competitors, the Digitimes report states. Currently, Sony, Motorola and Samsung all price their tablet computers above $350.
With Google rumored to be entering the market in mid-2012, it will be interesting to see just how the tablet computer market shakes out for the rest of this year. If Apple’s component suppliers are correct, however, and the company does release a fourth-generation iPad, market dominance could once again be right around the corner for Apple.
Elon Musk's Boring Co. planning wider tunnels for freight
Elon Musk’s drilling outfit The Boring Company could be shifting its focus towards subterranean freight and logistics solutions, according to reports.
A Boring Co. pitch deck seen and shared by Bloomberg depicts plans to construct wider tunnels designed to accommodate shipping containers.
Founded by Tesla CEO Musk in 2016, the company initially stated its mission was to offer safer, faster point-to-point transport for people, particularly in cities plagued by traffic congestion. It also planned longer tunnels to ferry passengers between popular destinations across the US.
The Boring Co. completed its first commercial project earlier this year in April. The 1.7m tunnel system is designed to move professionals between convention centres in Las Vegas using Tesla EVs. It says the Las Vegas Convention Centre Loop can cut travel time between venues from 45 minutes to just two.
Boring Co.'s new freight tunnels
The Boring Co.'s new tunnel designs would allow freight to be transported on purpose built platforms, labelled as “battery-powered freight carriers”. The document shows that, though the containers could technically fit within its current 12-foot tunnels, wider tunnels would be more efficient. Designs for a new tunnel, 21 feet in diameter, show that they can comfortably accommodate two containers side-by-side, with a one-foot gap between them.
The Boring Co.’s new drilling machine, dubbed Prufrock, can tunnel at a rate of one mile per week, which is six times faster than its previous machine, and is designed to ‘porpoise’ - mimicking the marine animal by ‘diving’ below ground and reemerging once the tunnel is complete.
Tesla’s supply chain woes
Tesla is facing its own supply chain and logistic issues. The EV manufacturer has raised the price of its vehicles, with CEO Musk confirming the incremental hike was a result of “major supply chain pressure”. Musk replied to a disgruntled Twitter user, confused as to why prices were rising while features were being removed from the cars, saying the “raw materials especially” were a big issue.
Car manufacturing continues to be one of the industries hit hardest by a global shortage in semiconductor chips. While China’s chip manufacturing levels hit an all-time high in May, and the US is proposing a 25% tax credit for chip manufacturers, demand still outstrips supply. Automakers including Volkswagen and Audi have again said they expect reduced vehicle output in the next quarter due to a lack of semiconductors, with more factory downtime likely.
Top Image credit: The Boring Company / @boringcompany