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Apple Production Hubs Hit by Tariffs, Sending Shares Plummeting
Apple is finding itself squarely in the crosshairs of President Donald Trump’s new tariffs. The tariffs cover many Apple manufacturing centers, undercutting efforts to shift away from China. India, where Apple is increasingly building iPhones and AirPods for instance, is getting a 26 percent reciprocal tariff.
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Apple Supplier Foxconn Reportedly Plans to Double iPhone Production in India This Year
Foxconn reportedly plans to increase iPhone production in India, aiming for up to 30 million units in 2025, after assembling 12 million smartphones in 2024. Apple is said to be aiming to diversify its supply chain, with reports indicating that AirPods, iPad, and MacBook models might also be produced in the country.
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US Intel Report Links India To Fentanyl Trafficking Amid Trump's Tariff Threats
The United States has named India, along with China, a "state actor" in enabling direct and indirect supply of precursor chemicals for illicit fentanyl drug production by criminal organisations.
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Apple Said to Ramp Up Hiring Ahead of Plans to Begin iPad, MacBook and AirPods Manufacturing in India
Apple is reportedly expanding its workforce across various divisions in India. Since 2017, the Cupertino-based company has been manufacturing iPhone models in the country and is now aiming to reduce its reliance on China by diversifying its manufacturing processes and enhancing supply chain resilience. As part of this strategy, Apple is said to be ...
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Google Pixel-Maker Dixon to Double Revenue as India Ramps Up Electronics Production
Dixon Technologies India, which assembles Google's Pixel smartphones, is set to more than double its revenue this fiscal year, driven by rapid growth in local electronics manufacturing, a top executive told Reuters.
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Government Axes Import Tax on Some Smartphone Parts in Boost to Apple, Xiaomi
Finance Minister Nirmala Sitharaman announced the removal of import duties on key mobile phone components in the annual budget, boosting local production and benefiting firms like Apple and Xiaomi. India's electronics production has more than doubled in six years, making the country the world's second-largest mobile phone manufacturer.
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"First 40 Tejas Still Not...": Air Force Chief As China Tests 6th Gen Jets
Chief of Air Staff, Air Chief Marshal AP Singh, flagged delays in the delivery of the Tejas fighter aircraft into service, calling for increased private partnership in developing defence products and providing more funds for Research and Development
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Realme Neo 7 Tipped to Launch in India Soon Alongside Four Audio Products; Features, Colours Leaked
Realme launched its Neo 7 in China in December last year. Now, the brand seems to be preparing to bring the Neo smartphone to the Indian market. It is tipped to launch alongside a few rumoured audio offerings like Realme Buds Wireless 5 ANC, Buds Wireless 5 Lite, Buds Air 7, and Buds T02. The Realme Neo 7 is said to be available in four RAM and sto...
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South Korea's Bakery Product Exports Hit Record High
From iconic fish-shaped pastries to snacks, the U.S., China, and Japan are leading the way in savoring the K-food wave.
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Indian Government to Offer Up to $5 Billion in Incentives for Electronics Production, Weaning Off China
India will offer up to $5 billion in incentives to companies to make components locally for gadgets from mobiles to laptops, two government officials said, in a bid to bolster the burgeoning industry and wean off supplies from China.
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Apple Said to Be in Discussions With Several Indian Firms to Replace Chinese Suppliers
Apple is in discussions with several Indian companies to develop its supply chain ecosystem within the country, according to a report. The company has been shifting its production to other areas in recent years, such as India and Vietnam, after relying heavily on Chinese suppliers until 2020. Apple is reportedly exploring opportunities to establish...
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iPhone Production in India Could Double Due to Donald Trump's Bigger Tariff Proposals: Report
Apple still relies on China for the bulk of its manufacturing and sales but several factors like the US-China trade tensions played a key role in boosting Indian production. A new report suggests that Apple could double its iPhone production in India if the US imposes tariffs on Chinese imports. The Cupertino-based company is likely to increase its...
-
iPhone 17 Early Manufacturing Work to Take Place at Indian Factory Instead of China: Report
iPhone 17 early manufacturing is reportedly being conducted at a factory in India, instead of China. Apple has been working on diversifying its supply chain by producing recent smartphone models in regions like India and Vietnam over the past few years, but it remains dependent on China to manufacture most of its products.
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Tata Electronics to Partially Resume Work at Fire-Hit iPhone Component Plant
Tata Electronics said it will restart some of its operations at the fire-hit plant in Tamil Nadu, which makes Apple iPhone components. A fire broke out in one of the six units at the plant in the early hours of Saturday.
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Apple Said to Face Possibility of Relying on China After Tata Plant Fire
A recent fire at Tata Group's Apple iPhone component plant in southern India has caused an indefinite production halt at Tata's Hosur plant in Tamil Nadu, the only Indian supplier of iPhone back panels and some other parts for both contract manufacturer Foxconn in the country and its own iPhone assembly at another plant.
-
Apple Production Hubs Hit by Tariffs, Sending Shares Plummeting
Apple is finding itself squarely in the crosshairs of President Donald Trump’s new tariffs. The tariffs cover many Apple manufacturing centers, undercutting efforts to shift away from China. India, where Apple is increasingly building iPhones and AirPods for instance, is getting a 26 percent reciprocal tariff.
-
Apple Supplier Foxconn Reportedly Plans to Double iPhone Production in India This Year
Foxconn reportedly plans to increase iPhone production in India, aiming for up to 30 million units in 2025, after assembling 12 million smartphones in 2024. Apple is said to be aiming to diversify its supply chain, with reports indicating that AirPods, iPad, and MacBook models might also be produced in the country.
-
US Intel Report Links India To Fentanyl Trafficking Amid Trump's Tariff Threats
The United States has named India, along with China, a "state actor" in enabling direct and indirect supply of precursor chemicals for illicit fentanyl drug production by criminal organisations.
-
Apple Said to Ramp Up Hiring Ahead of Plans to Begin iPad, MacBook and AirPods Manufacturing in India
Apple is reportedly expanding its workforce across various divisions in India. Since 2017, the Cupertino-based company has been manufacturing iPhone models in the country and is now aiming to reduce its reliance on China by diversifying its manufacturing processes and enhancing supply chain resilience. As part of this strategy, Apple is said to be ...
-
Google Pixel-Maker Dixon to Double Revenue as India Ramps Up Electronics Production
Dixon Technologies India, which assembles Google's Pixel smartphones, is set to more than double its revenue this fiscal year, driven by rapid growth in local electronics manufacturing, a top executive told Reuters.
-
Government Axes Import Tax on Some Smartphone Parts in Boost to Apple, Xiaomi
Finance Minister Nirmala Sitharaman announced the removal of import duties on key mobile phone components in the annual budget, boosting local production and benefiting firms like Apple and Xiaomi. India's electronics production has more than doubled in six years, making the country the world's second-largest mobile phone manufacturer.
-
"First 40 Tejas Still Not...": Air Force Chief As China Tests 6th Gen Jets
Chief of Air Staff, Air Chief Marshal AP Singh, flagged delays in the delivery of the Tejas fighter aircraft into service, calling for increased private partnership in developing defence products and providing more funds for Research and Development
-
Realme Neo 7 Tipped to Launch in India Soon Alongside Four Audio Products; Features, Colours Leaked
Realme launched its Neo 7 in China in December last year. Now, the brand seems to be preparing to bring the Neo smartphone to the Indian market. It is tipped to launch alongside a few rumoured audio offerings like Realme Buds Wireless 5 ANC, Buds Wireless 5 Lite, Buds Air 7, and Buds T02. The Realme Neo 7 is said to be available in four RAM and sto...
-
South Korea's Bakery Product Exports Hit Record High
From iconic fish-shaped pastries to snacks, the U.S., China, and Japan are leading the way in savoring the K-food wave.
-
Indian Government to Offer Up to $5 Billion in Incentives for Electronics Production, Weaning Off China
India will offer up to $5 billion in incentives to companies to make components locally for gadgets from mobiles to laptops, two government officials said, in a bid to bolster the burgeoning industry and wean off supplies from China.
-
Apple Said to Be in Discussions With Several Indian Firms to Replace Chinese Suppliers
Apple is in discussions with several Indian companies to develop its supply chain ecosystem within the country, according to a report. The company has been shifting its production to other areas in recent years, such as India and Vietnam, after relying heavily on Chinese suppliers until 2020. Apple is reportedly exploring opportunities to establish...
-
iPhone Production in India Could Double Due to Donald Trump's Bigger Tariff Proposals: Report
Apple still relies on China for the bulk of its manufacturing and sales but several factors like the US-China trade tensions played a key role in boosting Indian production. A new report suggests that Apple could double its iPhone production in India if the US imposes tariffs on Chinese imports. The Cupertino-based company is likely to increase its...
-
iPhone 17 Early Manufacturing Work to Take Place at Indian Factory Instead of China: Report
iPhone 17 early manufacturing is reportedly being conducted at a factory in India, instead of China. Apple has been working on diversifying its supply chain by producing recent smartphone models in regions like India and Vietnam over the past few years, but it remains dependent on China to manufacture most of its products.
-
Tata Electronics to Partially Resume Work at Fire-Hit iPhone Component Plant
Tata Electronics said it will restart some of its operations at the fire-hit plant in Tamil Nadu, which makes Apple iPhone components. A fire broke out in one of the six units at the plant in the early hours of Saturday.
-
Apple Said to Face Possibility of Relying on China After Tata Plant Fire
A recent fire at Tata Group's Apple iPhone component plant in southern India has caused an indefinite production halt at Tata's Hosur plant in Tamil Nadu, the only Indian supplier of iPhone back panels and some other parts for both contract manufacturer Foxconn in the country and its own iPhone assembly at another plant.
