Connect with us

Hi, what are you looking for?

Metaverse CapitalistsMetaverse Capitalists

Business

EU votes to force all phones to use same charger by 2024

The European parliament has voted to introduce a single charging port for mobile phones, tablets and cameras by 2024 in a move that presents difficulties for Apple, whose iPhones use a different power connector.

The vote confirms an earlier agreement among EU institutions and will make USB-C connectors used by Android-based devices the EU standard, forcing Apple to change its charging port for its devices.

Among big providers of electronic devices to European customers, Apple is expected to be among the most affected, but analysts also expect a possible positive impact because it could encourage shoppers to buy the company’s latest gadgets instead of ones without USB-C.

The deal also covers e-readers, earbuds and other technologies, meaning it may also have an impact on Samsung, Huawei and other device makers, analysts said.

Apple has in the past warned that the proposal would hurt innovation and create waste.

Ben Wood, chief analyst at CCS Insight, said the vote made it “inevitable” that the iPhone 15, expected in 2023, will have a USB-C port.

“This is a victory for common sense. Although Apple has a huge installed base of lightning cable-powered devices, the ubiquity of USB-C across all consumer electronics products means that harmonising on USB-C makes perfect sense.”

Wood added that he expected Apple to adopt the USB-C port in the UK and globally.

“Irrespective of whether the UK government mandates the move to USB-C or not, UK consumers will get the technology by default. It will make no sense for consumer electronics manufacturers to offer devices with anything else,” he said.

Bloomberg reported in May that Apple was working on an iPhone with a USB-C charging port that could debut next year.

EU lawmakers supported the reform with a large majority, with 602 votes in favour and only 13 against.

The change had been discussed for years and was prompted by complaints from iPhone and Android users about having to switch to different chargers for their devices.

The European Commission, the EU’s executive arm, has estimated that the single charger would save about €250m (£218m) for consumers.

Apple declined to comment.

Read more:
EU votes to force all phones to use same charger by 2024

    You May Also Like

    Stocks

    In this edition of StockCharts TV‘s The Final Bar, Dave shows how breadth conditions have evolved so far in August, highlights the renewed strength in the...

    Business

    In the UK, the care sector is under incredible strain, it’s good to know there are people working hard to address the issue. One...

    Politics

    On January 10, the French government announced plans to raise the retirement age from 62 to 64. The change would mean that after 2027,...

    Business

    With the increased threat of industrial strike action looming across the UK, we consider whether a force majeure clause can strike the right chord...

    Dislaimer: pinnacleofinvestment.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2024 metaversecapitalists.com | All Rights Reserved