Apple Inc told US regulators that it opposes charging higher fees for faster internet access, just weeks after pledging to spend US$1 billion making movies and TV shows to stream online.
“Paid fast lanes could replace today’s content-neutral transmission of internet traffic with differential treatment of content based on an online providers’ ability or willingness to pay,” Apple vice president of public policy Cynthia Hogan wrote in a letter to the Federal Communications Commission (FCC) on Wednesday.
“It could create artificial barriers to entry for new online services, making it harder for tomorrow’s innovations to attract investment and succeed,” she wrote.
FCC Chairman Ajit Pai, who was appointed by US President Donald Trump, is rolling back Obama-era net neutrality rules by lifting bans on blocking Web traffic and building “fast lanes” that favor those willing to pay more for faster service.
Until now, Apple mostly avoided the net neutrality debate, although chief executive Tim Cook earlier this year said that might change if it became a topic of political discussion.
Apple’s fastest growing business is Services, which includes offerings like the App Store, music streaming and cloud storage. The Cupertino, California-based company is spending US$1 billion on video content that could serve as the foundation of a new streaming product, people familiar with the plan said earlier this month.
Hogan also addressed the extent of the FCC’s authority over broadband Internet service providers, a sticking point in debates over the net neutrality rules.
The agency claimed strong authority normally applied to utilities when it in 2015 wrote the rules under Democratic Party leadership. Broadband providers and Republicans say that gives the FCC too much power to interfere in business decisions.
“Apple remains open to alternative sources of legal authority, but only if they provide for strong, enforceable and legally sustainable protections, like those in place today,” Hogan wrote. “Simply put, the Internet is too important to consumers and too essential to innovation to be left unprotected and uncertain.”
US lawmakers have been debating whether to remove the strong utility-style authority in potential legislation.
Democrats have objected to earlier proposals, saying they would weaken the FCC’s authority.
Separately, Apple has set Sept. 12 for its most significant new product announcement in years.
The company plans to introduce three new iPhone models, a version of its Apple TV set-top-box that can stream higher-quality content and a new version of the Apple Watch that can connect to LTE cellular data networks, Bloomberg has reported.
The event will be the first at the new Apple Park campus in Cupertino, California, and take place in a theater named for company co-founder Steve Jobs, Apple said.
The invitation to media reads: “Let’s meet at our place,” referring to the event’s location.
AI BOOST: Although Taiwan’s reliance on Chinese rare earth elements is limited, it could face indirect impacts from supply issues and price volatility, an economist said DBS Bank Ltd (星展銀行) has sharply raised its forecast for Taiwan’s economic growth this year to 5.6 percent, citing stronger-than-expected exports and investment linked to artificial intelligence (AI), as it said that the current momentum could peak soon. The acceleration of the global AI race has fueled a surge in Taiwan’s AI-related capital spending and exports of information and communications technology (ICT) products, which have been key drivers of growth this year. “We have revised our GDP forecast for Taiwan upward to 5.6 percent from 4 percent, an upgrade that mainly reflects stronger-than-expected AI-related exports and investment in the third
Mercuries Life Insurance Co (三商美邦人壽) shares surged to a seven-month high this week after local media reported that E.Sun Financial Holding Co (玉山金控) had outbid CTBC Financial Holding Co (中信金控) in the financially strained insurer’s ongoing sale process. Shares of the mid-sized life insurer climbed 5.8 percent this week to NT$6.72, extending a nearly 18 percent rally over the past month, as investors bet on the likelihood of an impending takeover. The final round of bidding closed on Thursday, marking a critical step in the 32-year-old insurer’s search for a buyer after years of struggling to meet capital adequacy requirements. Local media reports
TECHNOLOGICAL RIVALRY: The artificial intelligence chip competition among multiple players would likely intensify over the next two years, a Quanta official said Quanta Computer Inc (廣達), which makes servers and laptops on a contract basis, yesterday said its shipments of artificial intelligence (AI) servers powered by Nvidia Corp’s GB300 chips have increased steadily since last month, should surpass those of the GB200 models this quarter. The production of GB300 servers has gone much more smoothly than that of the GB200, with shipments projected to increase sharply next month, Quanta executive vice president Mike Yang (楊麒令) said on the sidelines of a technology forum in Taipei. While orders for GB200 servers gradually decrease, the production transition between the two server models has been
ASE Technology Holding Co (日月光投控), the world’s largest integrated circuit (IC) packaging and testing supplier, yesterday announced a strategic collaboration with Analog Devices Inc (ADI), coupled with the signing of a binding memorandum of understanding. Under the agreement, ASE intends to purchase 100 percent shares of Analog Devices Sdn Bhd and acquire its manufacturing facility in Penang, Malaysia, a press release showed. The ADI Penang facility is located in the prime industrial hub of Bayan Lepas, with an area of over 680,000 square feet, it said. In addition, the two sides intend to enter into a long-term supply agreement for ASE to