Chicago's Cloud Computing Tax Hike Sparks Fears of Tech Exodus
Chicago's plan to increase cloud computing taxes from 9% to 11% may drive away businesses, sparking concerns about the city's tech industry and broader economic implications.
Alexis Rowe
According to a report by Mark Gurman for Bloomberg, Apple is planning to introduce its rumored custom Wi-Fi and Bluetooth combo chip, codenamed "Proxima", in its new HomePod Mini and Apple TV devices in 2025. This move marks a significant shift for the company, as it reduces its reliance on Broadcom, a leading supplier of Bluetooth and Wi-Fi components for Apple's devices.
The Proxima chip, which has been in development for several years, will be produced by Taiwan Semiconductor Manufacturing Company (TSMC), the same manufacturer responsible for producing Apple's Silicon chips. This custom chip is expected to bring improved performance, power efficiency, and integration to Apple's devices, allowing for a more seamless user experience.
The new HomePod Mini and Apple TV devices are expected to be the first to feature the Proxima chip, with Gurman suggesting that the technology could also make its way into iPhones later in 2025, and eventually into iPads and Macs in 2026. This rollout strategy indicates Apple's commitment to integrating its custom chip across its entire product lineup, further differentiating itself from competitors.
Apple's push into the smart home space is also gaining momentum, with Gurman reporting that the company is working on a standalone security camera and a wall-mounted smart display for controlling smart home devices. These products, combined with the new HomePod Mini and Apple TV, demonstrate Apple's ambition to create a comprehensive ecosystem for smart home enthusiasts.
The implications of Apple's custom chip and expanded smart home offerings are significant, as they have the potential to reshape the IoT landscape. By controlling more of its supply chain and integrating its technology across devices, Apple can offer a more cohesive and user-friendly experience, potentially attracting a wider audience to its ecosystem.
As Apple continues to invest in its smart home initiatives, it will be interesting to see how the company's competitors respond. With the likes of Amazon, Google, and Samsung already established in the smart home space, Apple's entry could spark a new wave of innovation and competition, ultimately benefiting consumers.
In conclusion, Apple's decision to debut its custom Wi-Fi and Bluetooth chip in new HomePod Mini and Apple TV devices marks a significant milestone in the company's journey towards creating a more integrated and seamless user experience. As the smart home market continues to evolve, Apple's strategic moves will undoubtedly have a lasting impact on the industry.
Chicago's plan to increase cloud computing taxes from 9% to 11% may drive away businesses, sparking concerns about the city's tech industry and broader economic implications.
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