Apple announced a significant leadership transition effective September 1, 2026, reshaping its executive structure after 15 years under Tim Cook’s tenure as CEO. John Ternus, 50, who currently serves as senior vice president of Hardware Engineering, will assume the role of CEO, while Tim Cook transitions to executive chairman of the board.

In China’s vast auto market, foreign brands — and the joint ventures they once dominated — have been steadily overtaken by domestic rivals. Market share has eroded for years, forcing global carmakers to pivot strategically: embrace Chinese design, technology, and consumer sensibilities. The upcoming Beijing Auto Show is set to showcase that transformation, as a wave of foreign models infused with a distinctly “Chinese soul” debuts in a bid to reclaim lost ground.

Optical communications company APAC Opto Electronics reported that its inventory digestion phase is nearing completion, with market demand showing a clear rebound. Looking ahead to its co-packaged optics (CPO) strategy, the company noted that its external laser small form-factor pluggable (ELSFP) is becoming increasingly critical within the overall architecture. Small-volume shipments have begun in 2026, with volume ramp-up expected in 2027, positioning the product as a key future growth driver.

Japanese automaker Nissan Motor has sharply reduced its reliance on critical minerals in its latest electric vehicle design, highlighting how automakers are re-engineering core components to navigate rising geopolitical risk and supply chain concentration.