On Thursday, Apple released a security update for iPhones and iPads to patch newly discovered security flaws in their devices. The University of Toronto Citizen Lab discovered research that a software flaw was being actively exploited by commercial spyware known as Pegasus.

This tool is typically used to target journalists and political opponents. It is used by governments or entities for potentially malicious purposes. It recommends to all users that if they may be affected by Pegasus or security threats, they should immediately update their devices. It is a common precaution to protect.

China has banned American mobile phones, especially Apple iPhones, for government employees in selected departments. They perceived national security risks associated with using telecommunications made by a US company.

The ministries have been given until the end of the current month to change their mobile phones. The impact of Apple stock has been negatively affected by China. The shares of Apple have fallen by 6.4% over the past two days. Its reduction in market capitalization is approximately $190 billion.

TSMC is a major chipmaker and a key supplier for Apple in manufacturing semiconductor chips. Reports say that TSMC’s stock fell by 0.6% in Taipei.

It’s important to note that stock prices can fluctuate daily due to various factors, including economic conditions, market sentiments, and company-specific news. These Apple suppliers in Taipei may possibly be influenced by broader market conditions or company developments.

-Uttara Singh Chauhan