apple
Apple to shift AirPods, Beats headphone production to India: Report
Nikkei Asia reported on Wednesday that Apple has asked its suppliers to move some AirPods and Beats headphone production to India for the first time. iPhone assembler Foxconn is preparing to make Beats headphones in the country, and plans to produce AirPods there as well, the report mentioned.
EU adopts law requiring USB Type-C in iPhones by end of 2024
The Parliament said that the new law is part of a broader EU effort to reduce e-waste and empower consumers to make more sustainable choices. "Following Parliament's approval, EU consumers will soon be able to use a single charging solution for their electronic devices.
US labour agency files complaint against Apple over discrimination
The NLRB's complaint was filed after the Communications Workers of America, the union working with organisers at Apple retail stores in New York, Atlanta, and Oklahoma, charged the tech giant of discrimination, reports The Verge.
Apple can have a try in India but it can't find another China: People's Daily
In an opinion piece published in Global Times, the publication said whether Apple's move to India is a forced "political decision" or a forward-looking "economic decision," there is no doubt that it comes against the backdrop of Washington's shift to a containment-based strategy toward China.
Apple likely to move 25% iPhone production to India by 2025: JP Morgan
Analysts have earlier predicted that Apple has shortened the production period of its new iPhones in India this year, barely six weeks or so from the production cycle in China. Next year, Apple iPhone 15 may see its production at the Foxconn and Wistron manufacturing facilities in India at the same time with China.
India sees robust pre-order rush for Apple iPhones, 14 and 14 Pro most in demand
The pre-booking window for Apple iPhone 14 series opened Friday evening and iPhone 14, iPhone 14 Pro and iPhone 14 Pro Max were available for pre-order, which will be available from September 16. Industry sources told IANS that all the three iPhone 14 models -- especially 14 Pro followed by iPhone 14 -- have received tremendous response and after some initial hiccups online, the pre-orders were now smooth.
Tata in talks to build iPhones for Apple in India: Report
According to the report, the discussions with Wistron are aimed at making Tata a force in technology manufacturing and the Group wants to tap the Taiwanese company's expertise in product development, supply chain, and assembly. Meanwhile, earlier this month, industry analyst Ming-Chi Kuo claimed that the next iPhone 15 is likely to be manufactured at the same time in India and China next year.
Apple set to produce 85% iPhones in India in big push for govt's local push
The import of iPhones to India is likely to come down to 15 per cent this year (from 50 per cent in 2019), while domestic manufacturing by the Cupertino-based tech giant is set to go up substantially to 85 per cent, according to market intelligence firm CyberMedia Research (CMR). "Driven by a conducive policy environment and deepening manufacturing ecosystem in India, Apple's Made-in-India iPhones will potentially account for close to 85 per cent of its total iPhone production this year," Prabhu Ram, Head-Industry Intelligence Group (IIG), CMR, told IANS.
United States likely to probe Apple over anti-market practices
According to a report in the Politico citing sources, the Justice Department is "in the early stages of drafting a potential antitrust complaint against Apple". "Various groups of prosecutors inside the DOJ are assembling the pieces for a potential lawsuit and the department's antitrust division hopes to file suit by the end of the year," the report said.
Apple CFO Luca Maestri sells stock worth $16.9 million
According to a filing with the US Securities and Exchange Commission (SEC), the transactions was executed in two tranches. One transaction was for 66,390 shares, sold for $174.66 each, while the other was 30,345 shares fetching $175.60 apiece. MacRumors reports that a total of 96,735 shares were sold by Maestri.
Advertisement