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iPhone 14’s chip may be different from iPhone 14 Pro, Pro Max

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  • iPhone 14, iPhone 14 Max might be powered by A15 Bionic chip, iPhone 14 Pro and Pro Max by A16. 
  • Chips may be termed differently. 
  • iPhone 14, excluding Pro models, will cost the same as iPhone 13.

For the first time, there might be significant differences in the chips for iPhones within the iPhone 14 family, including an A16 Bionic chip for iPhone 14 and A16 Pro for iPhone 14 Pro, reported BGR.

While Apple has always used the same system-on-chips (SoC) for all models in a family, rumours suggest that it might use different ones for iPhone 14 and iPhone 14 Pro and Pro Max.

Reports suggest that iPhone 14 and iPhone 14 Max will be powered by the chip that powered iPhone 13 Pro and Pro Max, A15 Bionic version. iPhone 14 Pro and iPhone 14 Pro Max, however, will be powered by the next generation Bionic chip, A16.

Confusingly, even though iPhone 14 and iPhone 14 Max use the same chip that their predecessors used, Apple is expected to term it “A16” instead of the A15 Bionic version. And the chip in iPhone 14 Pro and Pro Max might be termed “A16 Pro” which is more advanced than A16.

It is important to remember that A15 Bionic chips themselves have no competition since no Andriod SoC can currently match the A15.

While all iPhones in the 14 family will feature 6GB RAM, the Pro and Pro Max phones will get speedier LPDDR5 variation.

Amongst these rumours is also the possibility that iPhone 14 will cost the same as iPhone 13. The only models which will see a bump in price are the iPhone 14 Pro and Pro Max, which is expected to be a rise of $100. 

There have also been speculations that the iPhone 14 family will not hit a new record for the largest or smallest phones in the iPhone collection.

If users love small phones and look forward to buying the iPhone 14 mini, it might be disappointing to know that the mini is actually bigger than most mobiles.

Similarly, if someone is looking forward to the Max models to enjoy a large screen, the screens of iPhone 14 Max and Pro Max are smaller than the screens of iPhone 13 and 13 Pro Max.

Business

Bulls Reenter PSX: The KSE-100 Rises More Than 886 Points

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As the market surged more than 800 points in the early morning trade, bulls grabbed control at the Pakistan Stock Exchange.

During the first trading session, the benchmark KSE-100 index increased by 886 points to 61,350.48 points.

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Pakistan’s steel prices are rising; get the latest figures here

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Another increase in steel prices has resulted in higher construction expenses in Pakistan. The economic downturn and continuous shipping delays have resulted in sharp price increases for building supplies, which has an effect on those who are planning to construct homes.

Due to increased manufacturing costs and supply chain interruptions brought on by the Middle East crisis, the price of iron, commonly known as steel rebar, has increased by Rs5,000 per ton. Local and imported steel rebar now costs between Rs240,000 and Rs260,000 per ton as a result of this most recent rise.

The cost of branded iron went from Rs255,000 to Rs260,000 per ton, while the cost of local iron climbed from Rs236,000 to Rs240,000. Furthermore, the cost of scrap or unprocessed iron has increased to Rs160,000 per ton inin the iron and steel markets.

The impact of the skyrocketing steel prices will be exacerbated by any more interruptions in the raw material supply chain. The cost of cement, on the other hand, has somewhat decreased and is at Rs 1,246 per bag.

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Up 30% to Rs 5.1 trillion by mid-February, FBR collected

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The total increase in domestic taxes has been around 40%, whilst import duties and associated levies increased by 16% between July 2023 and January 2024.

With the recovery of the GDP and increased inspection of FBR collection, the growth in revenues accelerated.

Up to mid-February, FBR receipts increased by 30% to Rs. 5.1 trillion. Nevertheless, decreases in import tariffs over time and, more recently, import license limits implemented by the State Bank of Pakistan (SBP) to manage the country’s balance of payments in the aftermath of foreign exchange shortages, were mostly responsible for the decline in the rise of import taxes.

However, the impact of improvements in import valuation, which resulted in collections of Rs 151 billion, as well as the anti-smuggling campaign, which saw a surge of about 69% in the current fiscal year over the previous one, are also included in the income collected from imports.

The statement said that there was room to improve anti-smuggling operations by considering expanding Baluchistan’s customs force, which now only has 378 anti-smuggling employees out of 20,000 total.

The mobilization of domestic tax income, which accounted for more than 64% of all revenues received in the current fiscal year, was hailed in the statement as a welcome change.

In parallel, the percentage of import duties has decreased to 36% from over 50% just three years prior. The main drivers of this increase in revenue were the several taxes sources. From Rs. 1,751 billion to Rs. 2,447 billion, income tax receipts increased significantly—by 40%.

Banks, the petroleum and oil lubricants (POL) business, the textile industry, the electricity sector, the food industry, and a number of service industries were among the major income tax payers. Up to mid-February, FBR receipts increased by 30% to Rs. 5.1 trillion. Notable rise was also seen in sales tax receipts, which increased by 19% from Rs. 1,480 billion to Rs. 1,766 billion.

POL, the electricity sector, the food sector, the automobile sector, the iron and steel sector, and the chemical sector were important growth drivers.

The amount collected in federal excise taxes increased significantly by 61%, from Rs. 190 billion to Rs. 307 billion.

Taxes on tobacco goods, the cement industry, drinks, airlines, fertilizers, and the automobile sector were the main causes of this increase. The amount collected in customs duties increased by 14%, from Rs. 552 billion to Rs. 629 billion.

The POL, automobile, iron and steel, electronics, and food industries were among the main donors to customs duties.

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