Apple production – pressnews

[ad_1] Apple Inc. is asking suppliers to produce about 85 million units of the iPhone 15 this year, roughly in line with the year before, according to people familiar with the matter.The Cupertino, California-based company is aiming to hold shipments steady despite tumult in the global economy and a projected decline in the overall smartphone market. It's likely to increase revenue overall because Apple is considering raising the price for Pro models, said the people, asking not to be named because the targets aren't public. The fortunes of Apple, the world's most valuable company, reverberate through the global economy, driving business for thousands of suppliers and fueling employment for millions from the US and China to Vietnam and India. Its shares have surged almost 50% this year,...

[ad_1] Apple Inc. and Samsung Electronics Co. are among companies interested in increasing electronics production in India, a minister said, a boon for the country's push to challenge neighboring China as a manufacturing hub. The South Asian nation is seeking to expand its early success in smartphones to other product categories, Rajeev Chandrasekhar, India's minister of state for technology, told Bloomberg TV's Rishaad Salamat and Haslinda Amin on Friday. The country is launching a $2 billion plan to boost local output of laptops, servers, tablets and other electronics. “We've had considerable success and tailwinds in the smartphone segment and we have increased interest from the likes of Apple and Samsung in expanding and growing here,” Chandrasekhar said. “We want to essentially rep...

Tag: Apple production

Apple Aims to Keep iPhone Shipments Steady Despite 2023 Turmoil

Apple, Samsung Looking to Expand in India, Minister Says