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Foxconn Shares Drop After Chinese Tax Officials Launch Probe

Foxconn, Apple’s largest contract electronics manufacturer, shares dropped by three per cent on Monday after the Chinese tax officials launched a probe into the land used by the company. Chinese state-sponsored media said some of Foxconn’s key subsidiaries in China were the subject of tax audits and that China’s natural resources department had also conducted […]

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Brands Companies Electronics International News

Huawei’s Comeback Challenges Apple In China’s Smartphone Market

Apple’s latest flagship, the iPhone 15, is experiencing lackluster sales in China, raising concerns for the tech giant in one of the world’s most critical markets. Market analysis from Counterpoint Research has revealed a 4.5 per cent drop in sales compared to its predecessor, the iPhone 14, during the first 17 days after its release. […]

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Electronics Export Manufacturing National News

India’s Smartphone Exports Soar 99.52% In April-July FY24, US Emerges As Top Destination

In the initial four months of the financial year, 2023-24 (April-July), India reported smartphone exports worth USD 4.67 billion, highlighting the United States emerging as the principal destination for India-manufactured devices, with exports skyrocketing to USD 1.67 billion during this period. According to the commerce ministry data, It is an increase from the USD 284.6 […]

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Brands Companies Electronics Manufacturing National News

Apple To Expand India Production To $40 Bn In Over Next 4-5 Years: Report

Apple is reportedly planning a substantial expansion of its production operations in India, to increase its production value to approximately USD 40 billion over the next four to five years, as per undisclosed government sources cited by news agency PTI. These sources indicate that in the previous fiscal year, Apple achieved a production milestone by […]

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Brands Companies Electronics News

iPhone 15 Sales Grow 100% Than iPhone 14

With Apple’s popularity and its prospering consumers, sales of the iPhone 15 have been estimated to grow by 100 per cent in comparison to that of the iPhone 14 series on the first day, according to a media report on Saturday. The high demand is attributed to the ‘made-in-India’ tag for iPhone 15 and iPhone […]

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Brands Companies Electronics News Retail

iPhone 15 Series Goes On Sale In India, Long Queues of Customers Seen Outside Apple Stores

Apple’s much-anticipated iPhone 15 series went on sale in India on Friday (September 22). Apple’s much-anticipated iPhone 15 series (iPhone 15, iPhone 15 Plus, iPhone 15 Pro, and iPhone 15 Pro Max) as well as the Apple Watch Series 9 and Watch Ultra 2 were announced on Tuesday (September 12) at their “Wonderlust” event. Long […]

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Brands Companies Electronics Manufacturing News

Lisa Jackson Shares Apple’s Road Map To Green Apple

Apple shared its ambitious vision to become carbon neutral across its entire business, including its manufacturing and supply chain, by 2030. The company’s Vice President of Environment, Policy and Social Initiatives, Lisa Jackson, discussed the challenges and strategies behind this commitment in an interview with TechCrunch. He said that to achieve carbon neutrality, Apple will […]

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Brands Companies Electronics News

Apple Unveils iPhone 15 Series With OLED Super Retina Display And Enhanced Cameras

Tech giant, Apple has unveiled the much-awaited iPhone 15 series (iPhone 15, iPhone 15 Plus, iPhone 15 Pro, and the iPhone 15 Pro Max) and also the Apple Watch Series 9 and Watch Ultra 2 at their “Wonderlust” event on Tuesday. iPhone 15 and the iPhone 15 Plus Both versions come up with the dynamic […]

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Companies News

Apple To Invest Millions In AI To Upgrade Siri: Report

Apple is reportedly in talks for its substantial investments in artificial intelligence (AI), allocating millions of dollars to upgrade ‘Siri’, its digital assistant, according to a media report on Thursday. The iPhone major aims to deeply integrate Siri with the shortcut’s automation tool as a part of the iOS 18 update which is likely to […]

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Companies News

Apple Shares Tumble 4% On Reports of China iPhone Ban

Apple saw its shares tumble by nearly 4 per cent on Thursday, marking its most substantial one-day drop in over a month. The catalyst for this sharp decline was the emergence of reports indicating that China had extended restrictions on the use of iPhones by government personnel. The move sent shockwaves through the tech industry […]

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