Wistron is shutting is iPhone assembly in Kolar, Karnataka and is in the process of selling the facility to Tata Group. The company is one of three global contract manufacturers to start assembling iPhones in India in 2017. But a leading media house said that Wistron’s struggle with component manufacturing and vendor-managed inventory holding was […]
Warren Buffett said on Saturday that Apple Inc is a better business than any other in Berkshire Hathaway Inc’s portfolio. “Apple is different than the other businesses we own. It just happens to be a better business,” said Buffett during Berkshire’s annual meeting in Omaha, Nebraska. Berkshire revealed a USD 1 billion stake in Apple […]
The construction of Saket Apple store in New Delhi was a six-month project and it took hundreds of labourers to work day and night, and complete the work, said a source who was involved with the construction of the stores in Mumbai and New Delhi on Thursday. ETC India is the architect contractor hired by […]
After Mumbai, Apple CEO Tim Cook is all set to inaugurate the tech giant’s second retail store, called the ‘Apple Saket’, in New Delhi on Thursday. ‘Apple Saket’ is located at the Select Citywalk Mall in Saket and will open for customers at 10:00 am. The store will have a dedicated Apple Pickup station which […]
In a series of meetings with the Union government and Prime Minister Narendra Modi, Apple Chief Executive Officer Tim Cook has expressed confidence about a long-term working relationship with India. After the meeting with Prime Minister Modi, Tim Cook on Wednesday tweeted, “Thank you Prime Minister @narendramodi for the warm welcome. We share your vision […]
Ahead of the Apple retail store launch in Mumbai, company’s CEO Tim Cook said that Apple was excited to build on long-standing history with India. As Apple celebrated 25 years in India this week, Cook said in a statement, “India has such a beautiful culture and an incredible energy, and we’re excited to build on […]
India’s smartphone exports more than quadrupled to USD 11.1 billion (approximately Rs 91,000 crore) in 2022-23 (FY23) from USD 5.48 billion (Rs 45,000 crore) the previous year, according to figures from the India Cellular and Electronics Association (ICEA). “With the doubling of smartphone exports to over Rs 90,000 crore, India is well on its way […]
Tech giant Apple’s personal computer shipments during January-March 2023 quarter declined over 40 per cent on a yearly basis owing to weak demand and weak macroeconomic fundamentals, data compiled by International Data Corporation (IDC) showed. International Data Corporation (IDC) is a global provider of market intelligence and advisory services. Apple’s PC shipments dropped the most […]
Apple’s first retail store in India is set to open at the end of this month in Mumbai’s Jio World Drive mall, owned by businessman Mukesh Ambani. However, reports suggest that an agreement prohibits around 22 rival brands from opening stores or placing advertisements near Apple’s store. The list of banned brands includes Amazon, Facebook, […]
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 […]
