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Apple logs 197% growth in the India smartwatch market in Q2
According to a Counterpoint Research report, The Watch Series 7 continued to be its best seller and has reached to almost 250,000 shipments till the end of the quarter in the country. "With upcoming launches in Q3 2022, Apple is expected to gain further market share," said the report.
China heat wave hits Apple, Toyota suppliers as production halted
China's Sichuan provincial government has told manufacturers, including suppliers to Apple and Toyota Motor, "to suspend production" keeping the intense heat wave in mind, reports Nikkei Asia. The city of Chengdu houses the main production base of Foxconn, which assembles iPads and Apple Watches. The report, citing sources, said that the plant has halted operations but the "impact is not significant at this time".
Apple, Meta once planned to build businesses together: Report
According to a report in The Wall Street Journal, Apple and Facebook discussed "revenue-sharing arrangements, including a potential ad-free, subscription version of Facebook". They discussed creating a subscription-based version of Facebook that would be free of ads. Apple also reportedly argued that it deserved a cut of certain portions of Facebook's ad revenue from so-called "boosted posts".
Apple saw new doubling of revenues in India in Q2: Tim Cook
Speaking to analysts after posting a record June quarter, Cook said that the quarter recorded record revenue in developed and emerging markets "with double-digit growth in Brazil, Indonesia and Vietnam, and a new doubling of revenue in India."
Google, Apple ban Battlegrounds Mobile India game in India following govt order
Battlegrounds Mobile India (BGMI) is the Indian version of PUBG Mobile, exclusively for players in the country developed and published by Krafton. The game was released on July 2, 2021 for Android devices, and on August 18, 2021, after the government had banned PUBG along with Chinese apps over national security concerns.
Apple ramps up efforts on self-driving car, files new patents
The iPhone maker is also working on vehicle-to-everything (V2X) technology, which allows cars to communicate with each other and connect to the Internet of Things (IoT), reports Nikkei Asia along with analytics company Intellectual Property Landscape. The report found that from 2000 till June 1 this year, Apple applied for and published 248 automobile-related patents.
India's largest floating solar power project becomes operational in Telangana
Energy conglomerate National Thermal Power Corporation (NTPC) has set up the 100 megawatt (MW) plant through Bharat Heavy Electricals (BHEL) under Engineering, Procurement and Construction (EPC) contract. With the commercial operation of the final part capacity of 20 MW, the plant has been fully commissioned at Ramagundam in Peddapalli district.
iPhone 14 series demand likely to be higher than its predecessor: Report
A survey carried out by reliable Apple analyst Ming-Chi Kuo claims that suppliers and retailers are pre-paying significantly higher deposits for the first expected iPhone 14 units, reports GizmoChina. In some regions the deposit is said to be double the amount, the report said. The company is likely to launch the next generation smartphones -- iPhone 14, 14 Pro, 14 Max and 14 Pro Max in September.
Top Apple corporate attorney pleads guilty to insider trading
California-based Levoff pleaded guilty by videoconference before US District Judge William J. Martini to six counts of an indictment charging him with securities fraud, said Vikas Khanna, an attorney for the US. Levoff was initially charged by a complaint in February 2019, according to the US Department of Justice.
Apple supplier Foxconn begins work on its 1st EV battery plant
"We plan to build a localised ecosystem for the battery supply chain, from materials to battery cells and battery packs, in Kaohsiung," said Foxconn Chairman Young Liu, reports Nikkei Asia. "The city will become an important base for Foxconn's EV global footprint". Foxconn aims to capture nearly 5 per cent of the global EV market by the end of 2025.
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