Jul 12, 2023
Stock Markets Today: Apple watch, China PMI, Italy's public finances, FIFTHDELTA
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Good morning. Apple is trying out 3D printers, China’s PMIs stay weak and Giorgia Meloni is weighing options to raise funds. Here’s what people are talking about.
Apple is testing the use of 3D printers to produce the steel chassis used by some of its upcoming smartwatches, according to people with knowledge of the matter. The technique would obviate the need to cut large slabs of metal into the product’s shape and would reduce the time it takes to build devices, according to the people, who asked not to be identified because the plan is private. The new approach has the potential to streamline Apple’s supply chain and kick off a broader shift.