Tag: iphones in india

iPhone USB-C problem in India: EU-type law coming, Apple may get hit by triple whammy
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iPhone USB-C problem in India: EU-type law coming, Apple may get hit by triple whammy

[ad_1] Many countries around the world have been considering mandating the USB-C charging port for all devices to reduce e-waste. First, the European Union took the step and introduced the USB-C charging port regulation. It forced Apple to introduce the same in its iPhone 15 lineup, discarding the old Lighting port. Now, India is aiming to bring the same law in which the country is asking smartphone manufacturers to adopt the new standard charging port. The decision may cause huge problems for Apple in various ways. Know what the iPhone USB-C problem in India is all about and what Apple wants from the Indian government.USB-C charging port law in IndiaAccording to the 9To5Mac report, the major hit for Apple would be the sales of older iPhones in the country. The first reason is that thes...
Apple India iPhone Output Soars to $7 Billion in China Shift
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Apple India iPhone Output Soars to $7 Billion in China Shift

[ad_1] Apple Inc. assembled more than $7 billion of iPhones in India last fiscal year, tripling production in the world's fastest-growing smartphone arena after accelerating a move beyond China.The US company now makes almost 7% of its iPhones in India through expanding partners from Foxconn Technology Group to Pegatron Corp., people familiar with the matter said. That's a significant leap for India, which accounted for an estimated 1% of the world's iPhones in 2021. Apple is exploring ways to reduce its reliance on China as tensions between Washington and Beijing continue to escalate. Its longtime partners, who make most of the world's iPhones from sprawling factories in China, have added assembly lines at a rapid pace over the past year, the people said, declining to be named as the i...
Foxconn says no ‘definitive agreements’ for new India investment
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Foxconn says no ‘definitive agreements’ for new India investment

[ad_1] Taiwanese tech giant Foxconn confirmed on Saturday that its chairman had visited India, but denied it had "entered into any binding, definitive agreements" after reports saying it was planning new investments in the country. Also known by its official name, Hon Hai Precision Industry, Foxconn is the world's biggest contract electronics manufacturer and a principal assembler of Apple iPhones. Both companies are seeking to diversify away from China, where much of their manufacturing is based, after strict Covid policies last year and ongoing diplomatic tensions with the United States hurt production. Foxconn said in a statement on Saturday that no deals had been finalised during chairman and CEO Young Liu's visit to India from February 27 to March 4. "Foxconn has not enter...
40% of India’s mobiles export in 2022-23 are iPhones: Amitabh Kant
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40% of India’s mobiles export in 2022-23 are iPhones: Amitabh Kant

[ad_1] India crossed Rs. 50000 crore export mark during April -November, 2022 - up 110 per cent compared to same period last year. Main contributors are three Apple manufacturers- Foxconn, Pegatron & Wistron and Samsung. About 40 per cent of India's mobile exports so far in 2022-23 are iPhones. "Way to go! Thanks to PLI Scheme, India crossed ₹50,000 CR export mark during Apr -Nov,2022 - up 110 per cent compared to same period last year. Main contributors are three Apple manufacturers- Foxconn, Pegatron & Wistron & Samsung. 40 per cent worth of smartphones exported from India are iPhones," former CEO of Niti Ayog Amitabh Kant, who is also G20 Sherpa, said in a tweet. As part of its AtmaNirbhar plan, the Government launched Production Linked Incentive (PLI) schemes in 14...
Vedanta to make Apple iPhones in India, says Chairman Anil Agarwal
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Vedanta to make Apple iPhones in India, says Chairman Anil Agarwal

[ad_1] Anil Agrawal has revealed that Vedanta will be making iPhones in India. Check details here. Foxconn and Vedanta have announced a $19.4 billion (Rs. 1.54 lakh crore) deal to make semiconductors in India. The first semiconductor plant will be set up in Gujarat. "The 60:40 joint venture of Vedanta-Foxconn will set up a semiconductor fab unit, a display fab unit, and a semiconductor assembling and testing unit on a 1000-acre land in the Ahmedabad district," the report informed. Also, Chairman Anil Agarwal told CNBC TV18 that Vedanta will create a hub to manufacture Apple iPhones and TV equipment too. It may also venture into the electric vehicle sector. Live Mint reports the hub is likely to be in Maharashtra. Agarwal adde...