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Apple Reportedly Working On Affordable Vision Pro Headset

The US tech giant, Apple, is reportedly working on the second generation of the mixed reality Vision Pro Headset, as per the Digitimes Asia news website. The second-generation Apple Vision Pro is likely to be available in four different models, with one in the premium segment and the other three being affordable versions with minimal […]

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Foxconn To Invest Another $1.6 Bn In India To Expand Production

Hon Hai Precision Industry Co., the company that manufactures iPhones, is planning to invest another NT$50 billion (USD 1.6 billion) in construction projects in India to expand its footprint in the country. The company made the announcement in an exchange filing in Taiwan on Monday, stating that the investment will be for operational needs, without […]

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Electronics National News

India’s Smartwatch Shipments Surge 21% YoY, Domestic Production Hits Record High

India’s smartwatch shipments experienced a 21 per cent year-on-year (YoY) growth in the third quarter of 2023 (Q3 2023), reaching a historic high for domestic manufacturing at 82 per cent, compared to a 4 per cent a year ago, according to a Counterpoint Research report. The surge in shipments was primarily fueled by a substantial […]

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Apple’s Non-iPhone Shipments Likely To Decline In India, Despite Strong iPhone Demand

As the year ends, industry analysts and retailers predict a lower shipment for Apple devices like Macs, iPads, AirPods and smartwatches in India even after the tech giant’s iPhone demand continues to surge, according to a media report on Thursday. The report underlined that Mac shipments will likely fall between 15 per cent and 18 […]

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Apple Supplier Luxshare Shifts Investment To Vietnam, Citing India Tensions

One of Apple’s major Chinese component manufacturers, Luxshare, has reportedly opted to invest in Vietnam instead of India, citing political tensions between the two nations. According to media reports, Luxshare’s decision to invest USD 330 million in Vietnam’s northern province of Bac Giang comes after several unsuccessful attempts to expand its operations in India over […]

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Samsung Maintains Over 80% Market Share In South Korea’s Smartphone Market

In the third quarter of 2023, Samsung, the South Korea-based tech giant, has secured over 80 per cent of the smartphone market share in its home country, as reported by Counterpoint data and noted by Yonhap news agency. Despite a decline in demand for high-end smartphones and other gadgets, Samsung achieved this dominance, selling approximately […]

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Foxconn Customers Buying Well In China, US, Sales Up 12.2% From September

Taiwanese chipmaker Foxconn has registered strong year-end holiday sales and said customers were buying well in China and the United States. The company’s sales stood positive for the same season last year. The fourth quarter is traditionally the busiest season for Foxconn as the race is to supply smartphones, tablets and other electronics to major […]

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Brands Companies Electronics News Retail

Apple Sees Record Growth In India, Targeting Middle-Class Market

Apple’s CEO Tim Cook said that the company posted USD 89.5 billion in quarterly revenue, with India standing out as a key contributor. During the July-September quarter, Apple experienced robust double-digit growth in India, coinciding with the launch of its new iPhone 15 series. Tim Cook said that Apple had achieved an all-time revenue record […]

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Apple Scores Record-high Shipments In India, Crosses 2.5 Mn Units In Q3

Apple has notched up a historic achievement in the Indian smartphone market. During the third quarter of 2023, the tech giant recorded its highest-ever quarterly shipments, exceeding 2.5 million units. This feat signifies a striking 34 per cent year-on-year (YoY) growth, marking a watershed moment for Apple’s presence in India. Amid India’s burgeoning smartphone landscape, […]

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Apple Unveils New M3 Chips, iMac, MacBook Pro Models At “Scary Fast” Event

Apple’s ‘Scary Fast’ event was launched on Tuesday morning. During the launch event, Apple unveiled some brand-new Macs that include the most recent version of the company’s in-house chip. According to Apple, the new M3, M3 Pro, and M3 Max circuits are the ‘first personal computer chips’ built using the more efficient 3-nanometer technology. Aside […]

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