Apple once again beat analysts’ consensus expectations on Thursday, showing off the world’s most valuable company’s resilience in a…
Tag: India
Apple’s magnificent growth in this massive market could be a game changer
Apple’s revenue from India grew by 50% in the recently concluded fiscal year, according to reports. The company’s steps to increase…
India IT minister sees Apple nearly tripling investment, exports in coming years
Apple could double or triple investments in India, along with exports, over the next few years, a minister said, as the company opened…
Apple CEO Cook meets India PM Modi, commits to growth and investment
Apple CEO Tim Cook on Wednesday met with India’s prime minister, Narendra Modi, in New Delhi and committed to growth and investment…
Tim Cook greets man with a 1989 Macintosh SE at the opening of Apple’s first store in India
Tim Cook posed for photos with a crowd of Apple fans, including one man who had brought his Macintosh SE FDHD (released in 1989) along…
Apple’s sales in India grow 50% YOY, hit $6 billion in last 12 months
Apple’s sales in India grew by nearly 50%, hitting hit $6 billion in the last 12 months versus $4.1 billion in the 12 months prior…
Apple CEO Cook to meet Indian Prime Minister Narendra Modi amid expansion
Apple CEO Tim Cook will meet India’s Prime Minister Narendra Modi as part of his visit to inaugurate Apple’s first retail store in the…
Apple now makes almost 7% of its iPhones in India in effort to reduce its reliance on China
Apple assembled more than $7 billion of iPhones in India last fiscal year, tripling production in the world’s fastest-growing smartphone…
Apple’s long-term goal is to bring 45% of iPhone assembly to India
Currently, less than 5 percent of iPhones sold worldwide are assembled in India, but Apple’s long-term goal is for their contract assemblers…
Apple says ‘Hello Mumbai’ ahead of first India retail store launch
Apple on Wednesday revealed the look of its first retail store in India. The store is still in barricades and is likely to open this month…
Inside Apple’s belated attempt to free itself from China
Tim Cook spearheaded Apple’s move to make products “Designed in California,” but “Assembled in China.” It worked marvelously well, until…
First official Apple Retail Store set to open in India
Apple is set to open its first official retail store – a flagship location called “Apple BKC” – in India’s financial hub of Mumbai;
Apple CEO Tim Cook meets with China’s commerce minister
Apple CEO Tim Cook met with China’s minister of commerce, Wang Wentao, to discuss China’s reopening and broader supply chain…
Apple assembler Pegatron in talks to open second factory in India
Pegatron, a major Taiwanese Apple assembler is in talks to open a second factory in India, as Apple partners continue to diversify…
Apple pushes India to relax labor laws in push to diversify beyond China
Apple is pushing for changes in India’s labor laws as part of its effort to expand production in the country. India’s regional governments…
India’s Karnataka government approves $968 million investment from Apple assembler Foxconn
Karnataka in southern India has approved a $967.91 million investment in the state by a unit of main Apple assembler Foxconn …
Apple to open flagship India store in Mumbai in April; Delhi store next
Next month, Apple will be inaugurating its flagship store in Mumbai, India, followed by the second store in New Delhi sometime between…
Apple assembler Foxconn wins AirPod order, plans $200 million factory in India
Taiwan-based contract manufacturer Foxconn has won an order to assemble AirPods for Apple and plans to build a $200 million factory complex…
Major Apple assembler Foxconn ramps up investment outside China
Foxconn, which assembles around 70% of Apple’s iPhones, has been diversifying production away from CCP-controlled China, whose…
India being put to the test by Apple and many others as China manufacturing alternative
India’s dream of becoming the “new factory of the world” to rival U.S. geopolitical rival China won’t be without growing pains, as…
Apple makes India its own sales region
Apple is placing a greater focus on India, reshuffling management of its international businesses. India will become its own sales region…
Apple iPhones to be assembled at new Foxconn plant in India’s Karnataka state
Apple iPhones will soon be assembled at another Foxconn site in the southern Indian state of Karnataka with 300 acres set aside for the new…
Apple assembler Foxconn to invest in India’s Telangana state to create 100,000 jobs
Major Apple assembler Foxconn will invest an undisclosed sum in India’s southern state of Telangana in order to build an electronics assembly…
India state launches probe into massive fire at Apple supplier Foxlink
India’s Andhra Pradesh state has launched an investigation into what caused a massive fire at the factory of Apple supplier Foxlink that led…
Better late than never: Apple suppliers race to exit China
Apple suppliers are likely to move capacity out of China far faster than many observers anticipate to pre-empt fallout from…
Apple supplier in India unlikely to restore full operations for two months after massive fire
A day after a massive fire forced production to be halted, it’s been found that most of the fire safety equipment at Apple supplier Foxlink …
Apple’s belated effort to diversify away from China into India hits stumbling blocks
Apple is hitting stumbling blocks in its effort to increase production in India, as it faces pressure to cut its over reliance on China…
How Apple plans to diversify its supply chain away from China
In recent years, there has been a growing concern among supply chain experts in companies like Apple and governments such as the U.S…
Apple supplier Salcomp sees revenue of $2-$3 billion in India for 2025, plans rapid hiring
Finland-headquartered Salcomp, a supplier to Apple plans to double its workforce in India to 25,000 over the next three years, a top company…
Apple assembler Foxconn in serious talks to establish operations in third Indian state
India’s southern Karnataka state is in serious talks with major Apple assembler Foxconn over investment plans, Chief Minister Bommai…
Apple supplier Jabil begins making AirPods components in India
Apple supplier Jabil has begun making components for AirPods in India, marking a significant step in Apple’s push to diversify production…
Apple wants India to account for up to 25% of its product assembly
Apple wants India to account for up to 25% of its product assembly from about 5%-7% now, as the company belatedly tries to divest…
Apple gets ready to take on India, the world’s second-largest smartphone market
Apple is finally ready to begin opening its first brick-and-mortar stores in India, the world’s second-largest smartphone market…
Tata near to becoming first Indian Apple iPhone assembler
Tata Group is close to taking over a major Wistron plant in southern India in a deal that would give the country its first homegrown iPhone…
Apple’s iPhone exports from India more than double, surpass $2.5 billion
Apple exported iPhones worth more than $2.5 billion from India from April to December 2022, nearly twice the entire previous…
Apple hires workers in India as it looks to open first flagship stores
Apple has started hiring retail store workers in India as the company prepares to open its first flagship retail stores in India as soon as…
India is shaping up as the right place for Apple to ease China dependence
Apple and, in fact, many western manufacturers are increasingly uncomfortable with their heavy dependence on CCP=-controlled China…
India uses generous subsidies, hefty import taxes to woo Apple suppliers
India is gaining more and more of tech colossus Apple’s supply chain business thanks to a carrot and stick approach…
Apple reportedly seeks to triple iPhone assembly in India over the next two years
In order to diversify production out of problematic China, Apple is looking to triple its production of iPhones assembled in India …
Apple to bring 100 exclusive Apple stores to India in partnership with Tata Group
The Tata Group aims to open some 100 exclusive Apple retail stores across the country, two people aware of the development said…
Apple assembler Foxconn invests $500 million in India business as Apple looks to lessen crippling dependence on China
Apple’s main iPhone assembler Foxconn has expanded its efforts to cut its dependency on China and invested $500 million this…
Apple looks to diversify some iPad production from China to India
Apple is speaking with Indian officials about relocating some iPad manufacturing in the country as U.S.-Chinese relations sour and the CCP’s…
