Tag: iphone india

Foxconn plans new India iPhone plant in shift away from China
4Mar By adminNo Comments
Technology

Foxconn plans new India iPhone plant in shift away from China

[ad_1] Apple will manufacture iPhones at a new plant in India, officials said Friday, as the US tech giant seeks to ramp up its India production and diversify away from China. The flagship mobile's global supply chain is based mainly in China, where strict Covid policies last year and ongoing diplomatic tensions with the United States have hurt production. "Apple phones to be built in the state soon," Karnataka state chief minister Basavaraj S Bommai tweeted on Friday. "Apart from creating about 100,000 jobs, it will create a whole lot of opportunities for Karnataka," he added. Rajeev Chandrasekhar, India's minister of state for information technology, said the proposed factory will be spread over 300 acres in the state, home to India...
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India iPhone breakthrough masks struggle to be next China
13Jan By adminNo Comments
Technology

India iPhone breakthrough masks struggle to be next China

[ad_1] On paper, India’s chances of attracting global manufacturers look rosy. On paper, India's chances of attracting global manufacturers look rosy. Apple Inc. began assembling its latest iPhone models in the South Asian nation in a significant break from its practice of reserving much of that for giant Chinese factories run by its main Taiwanese assemblers, a key win for Prime Minister Narendra Modi's “Make in India” campaign. Among India's advantages are rising geopolitical tensions between Western nations and China, and a growing friendship with the US, Australia and Japan, which form part of the Quad, a grouping of democracies to counter Beijing's economic and military ambitions. The country's presidency of Group of 20 nations this year could also boost investor confidenc...
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Tata nears iPhone plant takeover to grow Apple supply role
11Jan By adminNo Comments
Technology

Tata nears iPhone plant takeover to grow Apple supply role

[ad_1] Tata Group is close to taking over a major plant in southern India in a deal that would give the country its first homegrown iPhone maker. Tata Group is close to taking over a major plant in southern India in a deal that would give the country its first homegrown iPhone maker. The airline-to-software conglomerate has been in talks with the factory's owner, Taiwan's Wistron Corp., for months, and is looking to complete the purchase by the end of March, according to two people familiar with the process. The two firms discussed various potential tieups but talks have now centered on Tata taking a majority of a joint venture, the people said. Tata is set to oversee the main manufacturing operation, with support from Wistron, the people said, asking not to be named because the pl...
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iPhone India production to be tripled soon! This is what Apple has planned
13Dec By adminNo Comments
Technology

iPhone India production to be tripled soon! This is what Apple has planned

[ad_1] Apple plans to increase its production of iPhones in India by three times, suggests a new report. Apple is planning to triple its iPhone production in India by three times. Based on a new report, it is said that Apple has plans to diversify its iPhone production out of China to other countries, and India will play a major role in this. Over the next three years, Apple has plans to increase the production of iPhones in India by three times of what it manufactures right now. Apple is yet to confirm anything officially on this front.The information, which comes from The Mint, says that Apple has advised three of its biggest suppliers in the country to increase production capacity and manpower. Pegatron, Wistron, and Foxconn have all been asked to increase production of the iPhone ...
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In more bad news for China, Apple supplier Foxconn to quadruple workforce at India plant
11Nov By adminNo Comments
Technology

In more bad news for China, Apple supplier Foxconn to quadruple workforce at India plant

[ad_1] Apple supplier Foxconn plans to quadruple the workforce at its iPhone factory in India over two years. Apple supplier Foxconn plans to quadruple the workforce at its iPhone factory in India over two years, two government officials with knowledge of the matter said, pointing to a production adjustment as it faces disruptions in China. Foxconn has grabbed headlines in recent weeks, with tight virus restrictions at its Zhengzhou plant, the world's largest iPhone factory, disturbing production and fuelling concerns over the impact of China's virus policy on global supply chains. The disruptions prompted Apple to lower its forecast for shipments of the premium iPhone 14 models this week, dampening its sales outlook for the busy year-end holiday season. Taiwan-based Foxconn no...
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As Apple iPhone, laptop sales soar in India, distributor Redington Q2 profit up
7Nov By adminNo Comments
Technology

As Apple iPhone, laptop sales soar in India, distributor Redington Q2 profit up

[ad_1] India's biggest Apple and IT products distributor Redington Ltd on Thursday reported a 26% jump in September quarter profit. India's biggest Apple and IT products distributor Redington Ltd on Thursday reported a 26% jump in September quarter profit on the back of buoyant domestic demand for iPhones, laptops and software.Consolidated profit for the three months ended Sept. 30 climbed to 3.87 billion rupees ($46.76 million) from 3.07 billion rupees a year ago, the company said in an exchange filing. The iPhone distributor's quarterly revenue rose to 190.51 billion rupees from 152.87 billion rupees a year ago, per the filing. Apple, its single largest vendor, accounted for 27% of the revenue. India distribution business continued to post double digit growth, Redington said. The co...
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iPhone Maker Foxconn Strikes Pact for Chip Plant in Western India
15Sep By adminNo Comments
Technology

iPhone Maker Foxconn Strikes Pact for Chip Plant in Western India

[ad_1] Hon Hai Precision Industry Co., the assembler of most of the world’s iPhones, plans to build a chipmaking facility in India with a local partner to tap rising demand for semiconductors and the government’s support for such projects. Hon Hai Precision Industry Co., the assembler of most of the world's iPhones, plans to build a chipmaking facility in India with a local partner to tap rising demand for semiconductors and the government's support for such projects. A joint venture of Taiwan's Hon Hai, known also as Foxconn, and metals company Vedanta Ltd. will set up a factory in Gujarat, the home state of Prime Minister Narendra Modi. The total investment in the project, which includes semiconductor fabrication, assemb...
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