Two of Apple Inc's global vendors -- Wistron and Foxconn (through Han Hoi), which already manufacture Apple phones in India -- and a third entity, Pegatron, which will be setting up a new plant, have applied to the government to be eligible under the PLI scheme for large-scale electronics manufacturers.
Fintech major PhonePe on Wednesday announced the launch of its homegrown Indus Appstore specifically for the Indian market, in a bid to compete with global incumbents like Google Play Store and Apple's App Store. The Indus Appstore is PhonePe's attempt at creating a more competitive and localised mobile app store economy for India, which is already the world's largest market for mobile apps.
Paving way for iPhone maker Apple to open its own stores India, the government on Monday relaxed FDI norms by giving a three-year exemption from local sourcing to foreign players in single-brand retail and a further five-year relaxation for 'state-of-art' and 'cutting-edge' technology.
Apple has been lobbying hard for exemption from the mandatory 30 per cent local sourcing.
Tech giant allowed to set up fully owned shops, with 30% local sourcing like everyone else.
Apple has said the watch will launch in April
It will be available from April 24.
Apple Music is currently offering a free three-month trial.
Indian billionaires Mukesh Ambani and Anand Mahindra, Apple CEO Tim Cook and corporate leader Indira Nooyi were among the guests. CEOs of Google, Microsoft and Adobe -- Sunder Pichai, Satya Nadella and Shantanu Narayen -- also attended the event.
The deal, which will kick in after the holiday season, in January, will give Apple more visibility among online buyers in India. The partnership could help Apple take on Chinese smartphone maker OnePlus, which has become one of the leading player in the premium smartphone market thanks to Amazon.
Tech giant Apple on Wednesday said it has slashed its App Store commission by half to 15 per cent for small businesses earning up to $1 million (about Rs 7.4 crore) per year on the platform. In the past, tech majors Apple and Google have been criticised for the high commissions charged from app developers. Apple, in a statement, said the new developer programme will accelerate innovation and help small businesses and independent developers propel their businesses forward with the next generation of groundbreaking apps on the App Store.
Cheaper ripoffs was how China powered its way as an economic superpower but hitherto the tech realm had remained out of bounds. With DeepSeek's AI model the West, it seemed, was about to lose its competitive edge in cutting edge generative AI technology. And this is what is causing deep furrows in the forehead of tech titans in Silicon Valley.
Apple to step up investments in China, create more jobs: Cook
Tim Cook is joining the roster of the very rich donors.
With 4G coverage spreading, Indian consumers will likely be more open to investing in smartphones
Cook further said that Apple would like to place retail stores in India and is working with the government to seek approval to do that.
India opened its first Apple store in Mumbai, and everyone, including Bollywood, paid a visit.
The company posted quarterly revenue of $50.6 billion.
Walmart CEO Douglas McMillon came first in the CEOWORLD magazine's global ranking of the best chief executives across all industries for 2019.
Tech giant Apple has stopped accepting payments via debit and credit cards in India. Apple has stopped accepting cards for subscriptions, and purchases using credit cards issued by banks in India. Apple will also not accept payments for ad campaigns on Apple Search using credit cards issued by Indian banks. All campaigns will be put on hold from June 1.
The first new product to be developed and introduced under Chief Executive Officer Tim Cook's reign is a wearable device
Profit of $18 billion was the biggest ever reported by a public company, worldwide.
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The company isn't talking about plans for marketing the Apple Watch
Tech major is in discussion with film-makers, sport administrators to enter the fast-growing sectors.
Tips for those who are planning to buy the $17,000 watch.
Prime Minister Narendra Modi praised the stellar achievements of Indian Americans in his remarks at the state dinner in which he had his high-profile guests often in laughter.
Shareholders may once again be underestimating the staying power of the company's margins.
Have you wondered how many days of work -- depending on your net monthly income -- you would have to put in to buy the top-end iPhone 16 Pro?
Messi mania highlights 'epic' year for MLS, Garber says
Apple chief executive Tim Cook on Wednesday met Prime Minister Narendra Modi as the iPhone manufacturer is looking to invest more in the world's second-largest smartphone market. Cook, on his first trip to India in seven years, opened Apple's first retail store in the country in Mumbai on Tuesday and will launch another in Delhi on Thursday. Looking to replicate what China did to Apple's business in the last 15 years, the tech giant is eyeing India's massive market with an expanding middle class to power sales growth, and potentially make it a home base for the production of millions of Apple devices.
US President Joe Biden greeted his successor Donald Trump at the White House with the message "welcome home" as Trump's motorcade arrived at the official presidential residence. Biden and Trump then went inside the White House for their traditional tea. Trump, 78, will be sworn in as the 47th president of the United States, succeeding Biden, 82. The ceremony has been moved inside the Rotunda from outside the Capitol Hill facing the majestic National Mall.
The iPhone 7 and iPhone 7 Plus, launched earlier this month in the US, are slated to hit the Indian market from October 7.
The extension aims to facilitate negotiations for a solution that safeguards national security and allows the app to continue operating in the United States. Trump proposed a joint venture granting the US a 50 per cent ownership stake in TikTok.
TikTok's app effectively shut down in the US, just hours before a law banning the popular video-sharing platform was set to go into effect. The app was shut down on Saturday, displaying a message that the app "isn't available right now," but expects resolution under President-elect Trump. The Supreme Court on Friday unanimously upheld the divest-or-ban law, which gave TikTok's China-based parent company ByteDance until Sunday to divest from the app. President Trump said Saturday that he would most likely give TikTok a 90-day extension. Following Friday's Supreme Court decision, TikTok CEO Shou Zi Chew thanked the president-elect for his commitment to finding a solution to keep the app accessible in the US.
These include Microsoft's Satya Nadella, Mastercard CEO Ajay Banga, and Harman International Chairman Dinesh Paliwal.
It see modest improvements such as a fingerprint sensor.
Has Steve Jobs' handpicked successor inherited the magic touch or is Apple's winning streak coming to an end?
iPhone sales in June quarter dropped 35% even as smartphone market grew 19%
South Korean consumer electronics major Samsung, which on Wednesday launched its latest smartphone Galaxy S25 in San Jose, US, will also be manufacturing it at its Noida plant in India, J B Park, president & CEO of Samsung Southwest Asia, said. Moreover, the Bengaluru-based R&D centre of Samsung, the biggest outside South Korea, has "contributed significantly" for developing the S25 series of Galaxy AI.
Apple CEO Tim Cook said he was looking forward to a long-term relationship with Telangana.
