EU Mandates Standard Charger For Apple iPhones And Other Devices - Alphabet (NASDAQ:GOOG), Alphabet (NASDAQ:GOOGL), Apple (NASDAQ:AAPL)

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.
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