In the first quarter of 2024, Apple experienced a decline of approximately 10 per cent in smartphone shipments, as revealed by data from research firm IDC. This setback was attributed to heightened competition from Android smartphone manufacturers vying for the top position. While global smartphone shipments increased by 7.8 per cent to reach 289.4 million […]
Apple’s smartphone shipments in China fell 2.1 per cent in the fourth quarter of 2023 compared to the same time a year ago, hampered by increased rivalry from local rivals headed by Huawei, according to IDC statistics released on Thursday. The reduction highlights the hurdles that the US business has in its third-largest market, as […]
A recent report from Jefferies analysts revealed a 30 per cent decline in iPhone sales in China during the first week of 2024. The dip highlights escalating competitive pressures from local contenders, including Huawei, posing a formidable challenge for the US company in one of its crucial markets. Jefferies’ analysis indicates that the drop in […]
Tech major Apple has stated that if India is planning to follow the European Union (EU) rule that requires smartphones to have universal USB-C charging ports, then the country’s local production will be impacted adversely, as per a Reuters recent report. The EU rule mandates all smartphones to have universal charging ports in India by […]
Major Apple suppliers Foxconn and Pegatron have been compelled to suspend iPhone production at their factories near the capital of Tamil Nadu in the wake of torrential rains and an impending cyclone in the southern Indian city of Chennai. The heavy rains have claimed at least two lives and led to the submersion of the […]
Japanese electronics manufacturer TDX Corporation will manufacture battery cells for iPhones In India, according to a media report. As per the report, TDX will supply battery cells to Premium electronic manufacturer Apple. The company is likely to work with the Sunwoda Electronics which already has operational units in India. TDK has reportedly acquired Li-ion battery […]
Rajeev Chandrasekhar, Minister of State for Information Technology today announced that the Tata group will start making iPhones from India for domestic and global markets. This after the Tata Group took over Wistron operations in India. The minister said this was a resounding testament to Prime Minister Narendra Modi’s transformative vision for India’s electronics manufacturing […]
The first week of festive sales in India has seen iPhone sales surge past 1.5 million units. This marks over 25 per cent year-on-year (YoY) growth, as disclosed in a recent report. The data, released by Counterpoint Research, revealed a thriving smartphone market in India during the festive season. The surge in sales was primarily […]
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 […]
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 […]
