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.
Uber Freight to Acquire Transplace in $2.2bn Deal
Uber Freight is to acquire logistics technology and solutions provider Transplace in a deal worth $2.25bn.
The company will pay up to $750m in common stock and the remainder in cash to TPG Capital, Transplace’s private equity owner, pending regulatory approval and closing conditions.
“This is a significant step forward, not just for Uber Freight but for the entire logistics ecosystem,” said Lior Ron, Head of Uber Freight, and former founder of the Uber-owned trucking start-up Otto.
Uber’s Big Play for Supply Chain
Transplace is one of the world's largest managed transportation and logistics networks, with 62,000 unique users on its platform and $11bn in freight under management. It offers truck brokerage and other capacity solutions, end-to-end visibility on cross border shipments, and a suite of digital solutions and consultancy services.
The purchase is the latest move by parent company Uber, which launched as a San Francisco cab-hailing app in 2011, to diversify its offering and create new revenue streams in all transport segments.
Transplace said the takeover comes amid a period of “accelerated transformation in logistics”, where globalisation, shipping and transport disruption, and widespread volatility are colliding.
Uber Freight plans to integrate the Transplace network into its own platform, which connects shippers and carriers in a dashboard that mirroring the intuitive experience found in its consumer vehicle booking and food ordering services.
“This is an opportunity to bring together complementary best-in-class technology solutions and operational excellence from two premier companies to create an industry-first shipper-to-carrier platform that will transform shippers’ entire supply chains, delivering operational resilience and reducing costs at a time when it matters most,” said Ron.
Frank McGuigan, CEO of Transplace, said the resulting merger will offer enhanced efficiency and transparency for shippers, and benefits of scale for carriers. “All in all, we expect to significantly reduce shipper and carrier empty miles to the benefit of highway and road infrastructures and the environment,” he added.
History of Uber Freight
Uber Freight was established in 2017 and separated into its own business unit the following year. In 2019 the company had expanded across the entire continental US, established a headquarters in Chicago. Later that year it launched its first international division in Europe, initially from a regional foothold in the Nertherlands, and later moving into Germany.
The logistics spinoff attracted a $500m investment from New York-based Greenbriar Equity Group in October 2020, and launched a new shipping platform for companies of all sizes in May, partly in response to a driver shortage in Canada.