EU Mandates Standard Charger For Apple iPhones And Other Devices

  • A provisional EU agreement mandated smartphones and tablets to use a standard charger. 
  • The agreement involved 15 product types, including headsets, video-game consoles, and headphones, Bloomberg reports.
  • Companies like Apple Inc AAPL will be bound to make phones, tablets, e-readers, and digital cameras compatible with the USB-C charger.
  • Apple recently equipped iPads and MacBooks with USB-C ports, CNBC reports.
  • Phones and tablet makers are bound to comply by the fall of 2024. 
  • Laptops will have more time to switch, with negotiators giving laptop producers 40 months after the new rules become effective.
  • The initiative saves consumers €250 million ($267 million) annually.
  • It will also be conducive to the evolution and growth of new technologies like wireless charging.
  • Brussels pushed for a single mobile charging port for over ten years after complaints from Apple iPhone and Alphabet Inc GOOG GOOGL Android users, Reuters reports.
  • An EU research found that half the chargers sold with mobile phones in 2018 had a USB micro-B connector, while 29% had a USB-C connector and 21% a Lightning connector.
  • Price Action: AAPL shares traded lower by 0.95% at $147.52 on the last check Tuesday.
  • Phoot by Howard-bouchevereau via Unsplash
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