Tag: iPhone India factory

Tata officially becomes first Indian iPhone manufacturer; Wistron approves the sale
27Oct By adminNo Comments
Technology

Tata officially becomes first Indian iPhone manufacturer; Wistron approves the sale

[ad_1] In yet another proud moment for India, Tata Group has agreed on a deal to purchase Wistrom Corp.'s Karnataka plant, becoming the first Indian iPhone manufacturer. This is the latest move in India's bid to become a global manufacturer catering to not just its citizens, but to the world. iPhones are already been manufactured in India but at the Taiwanese technology company Foxconn's plant. With this move, Tata has officially become the first Indian company to make iPhones in the country.Tata becomes India's first iPhone makerAccording to a Bloomberg report, Wistrom's board approved the sale of Wistron InfoComm Manufacturing (India) Private Ltd for a sum of approximately $125 million. The unit operates an iPhone assembly plant near Bengaluru, a person familiar with the matter said. ...
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Apple Store to open in Delhi too; Big action comes after made-in-India iPhone 14, 13 move
11Apr By adminNo Comments
Technology

Apple Store to open in Delhi too; Big action comes after made-in-India iPhone 14, 13 move

[ad_1] Apple recently announced plans to open its first official retail store in India which would be in the country's financial capital, Mumbai. Now, the Cupertino-based tech giant has revealed that it will open a second store in Delhi, as the company is preparing to invest heavily in the South Asian nation for manufacturing and sales purposes. Apple has already started manufacturing iPhones in India with latest iPhones like the iPhone 14 and iPhone 13.Apple Stores in IndiaMumbai - Apple had earlier revealed that its Mumbai store, called Apple BKC, will open its doors to the public on April 18 at 11:00 AM IST. The store is in the main business district alongside multinational banks within a luxurious shopping mall owned by billionaire Mukesh Ambani. Delhi - The Delhi store will be loca...
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Made-in-India iPhones increase as Apple shifts production from China
10Apr By adminNo Comments
Technology

Made-in-India iPhones increase as Apple shifts production from China

[ad_1] iPhones made in India increased in volume and value last year as Apple moved to shift some of its production away from China to diversify its supply chain, South China Morning Post reported.In 2022, the shipment volumes of iPhones manufactured in India increased by 65 per cent year on year. In addition, the value of iPhones rose by 162 per cent, South China Morning Post reported citing a report published by market research firm Counterpoint last week. Last year, Apple accounted for 25 per cent of the value of India's total smartphone shipments, which shows a rise from 12 per cent in 2021, the SCMP reported citing the Counterpoint. China manufactures up to 85 per cent of iPhones around the world, Xinmei Shen said in the South China Morning Post report. However, Beijing faces the r...
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Apple to open its first official retail store in India
5Apr By adminNo Comments
Technology

Apple to open its first official retail store in India

[ad_1] It is good news for Apple enthusiasts as the company is set to open its first official retail store in India soon. This could prove to be a significant move for the company as it invests heavily in the South Asian nation for manufacturing and sales purposes. Apple has already started manufacturing iPhones in India and even the latest iPhones such as the iPhone 14 and iPhone 13 are being sold with the made-in-India tag.Although Apple has not provided a date for the store opening, the company released a picture of the barricade of its retail store called ‘Apple BKC' which is set to open in the country's financial capital, Mumbai. The store is in the main business district alongside multinational banks within a luxurious shopping mall owned by billionaire Mukesh Ambani. Apple's grow...
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iPhone India factory: Foxconn unit invests $500 mn in India affiliate
9Dec By adminNo Comments
Technology

iPhone India factory: Foxconn unit invests $500 mn in India affiliate

[ad_1] Taiwan's Foxconn said that its Singapore unit has acquired 4.08 mn shares in Foxconn Hon Hai Technology India Mega Development. Taiwan's Foxconn, the world's largest contract electronics maker, said on Thursday that its Singapore unit has acquired 4.08 million shares in Foxconn Hon Hai Technology India Mega Development Private Limited for $500 million. The announcement of a $500 million injection into its India unit comes after Reuters reported last month that Apple supplier Foxconn plans to quadruple the workforce at its iPhone factory in India over two years, with two government officials with knowledge of the matter pointing to a production adjustment as it faces disruptions in China. Foxconn plans to boost the workforce at its plant in southern India to 70,000 by addin...
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