Apple Inc's leading contract manufacturer, Taiwanese giant Wistron, has exceeded its investment obligation in India in just eight months, although the government's production-linked investment (PLI) scheme allowed it to complete the investment in four years. Between August 2020 and end March 2021, Wistron made an investment of Rs 1255 crore - 25 per cent more than the total investment it had committed to the government. Under the PLI scheme for mobile devices, the government had stipulated that each of the five participating global companies needed to invest Rs 250 crore every year for the first four years, totalling Rs 1,000 crore.
The states recording the highest number of such deaths include Karnataka (14.3 per cent), Maharashtra (13.2 per cent), and Madhya Pradesh (11.3 per cent). Tamil Nadu (9.4 per cent) and Telangana (7.5 per cent) were the other two in the top five.
Despite the slowdown, Apple remains the most profitable company in the S&P 500 and the most valuable publicly traded US tech company
The new online store, which will be launched on September 23, will provide customers with the same premium experience found in Apple Store locations around the world, delivered by online team members who are ready to offer their expertise, Apple said in a statement.
A team of CBI officials reached the residence of Deshmukh in Nagpur and Mumbai this morning with necessary warrants.
Analysts tracking Apple said the India results were glimpses of what the company could achieve in emerging markets with a right pricing strategy for its products and local manufacturing.
Tech giant Alphabet on Monday launched a privacy feature on its app marketplace Google Play Store that will require developers to give people more information about how apps collect, share and secure users' data. Users will start seeing the data safety section in Google Play on Tuesday, and developers are required to complete this section for their apps by July 20. As app developers update their functionality or change their data handling practices, they will show the latest in the apps' data safety section.
He noted that the infrastructure in India has come 'quite a ways' since Apple began to put a lot of energy in the Indian market 'because of their leadership and so forth.'
For many, Apple's highly anticipated launch on Tuesday was to be the answer to consumers in India, China and other emerging markets who craved some iOS magic in their life but could not afford its previous range.
That Maharashtra Chief Minister Uddhav Thackeray is an avid photographer is known to all and on Wednesday, he showed how good he is. The 59-year-old posted two images to his Instagram feed, which got everyone talking. The first of the two pictures that Thackeray shared shows flowers in bloom, while the second captures a golden field against a blue sky.
Finding gems among the three lakh-plus Apple apps can be quite a daunting task. Which is why, we are doing it for you.
It had requested the government to grant it 15 years of duty-free import of components to assemble its iPhones in the country, sharing a road map to slowly indigenise products.
The lawsuit was filed in 2016 by a whistleblower alleging that the iPhone maker Apple and Indian IT company Infosys conspired to bring two Indian nationals for training on B-1 visa instead of more expensive H1-B visa.
iPhone sales in India were up by 56 per cent during the period.
In one of his statements before the NCB, Aryan Khan admitted that he started smoking ganja in the US in 2018 when he was doing graduation there, as per the chargesheet.
Wistron, which earlier pegged the losses at Rs 437 crore, later notified the Taiwan stock exchange that the total losses were around Rs 50 crore.
Apple sought exemption from mandatory local sourcing of components for its products
Take a look at some of the best quirky and fashionable back covers that has come out to keep your shiny new mobile protected just like new.
Clips, a new app available on iTunes for making fun videos, is a wonderful addition to the social media scene and a handy tool for iPhone owners, says Abhik Sen
When Open Network for Digital Commerce (ONDC) was conceived last December, the idea was to reduce the dominance of e-commerce giants like Amazon and Flipkart. It was also to bring in a level-playing field for small merchants in India's fragmented but fast-growing $1-trillion retail market. However, those goals have changed now as large e-commerce players such as Flipkart, Amazon and Ecom Express are in various levels of talks with the ONDC team. They want to form partnerships like integrating with the network as well as providing their expertise to build it, according to the industry sources.
Given the costs, you would need to be a high-value target for a government agency to spend this sort of money, points out Devangshu Datta.
Ashish Narsale lists the features of the phones that are the rage this festive season.
The media report claiming India bought Pegasus spyware as part of a $2 billion defence deal with Israel in 2017 has triggered a major controversy with the Opposition alleging that the government indulged in illegal snooping that amounted to 'treason'.
Every week, we bring you fascinating videos, chosen by you, through your likes.
To promote localisation of manufacturing and reduce its import bill, the government increased basic customs duty on mobile handsets - from 10 per cent to 15 per cent.
Apple follows the October to September calendar for its financial results.
Sources say Apple is currently looking for a professional who can advise the company in dealing with the government.
iPhone sales in June quarter dropped 35% even as smartphone market grew 19%
The government on Monday extended the period of production-linked incentive scheme for large-scale electronics manufacturing with a focus on mobile phones by a year until 2025-26. The base year of the scheme 2019-20 remains the same but the companies will have the option to choose their five-year period either from the base year or the year 2020-21 for calculation of the incentives under the scheme. "Now we have extended the tenure of the scheme from 2020-21 to 2025-26. "Earlier, it would have ended in 2024-25.
Cook's visit, following a trip to China, comes at a crucial time as Apple looks for new growth markets after posting its first ever decline in iPhone sales
Will you bite the bait or rather do something else with that money?
With the release of Lumia 950 and Lumia 950 XL, Microsoft has catapulted itself into a position where it can compete against the big boys of the mobile phone industry with consummate ease.
Amid the clutter of hi-tech and fancy mobile phones, here's a sleek and simple phone, which only allows you to make and receive calls.
Airtel offers 4G service in 1800 Mhz band frequency while other companies are yet to roll out their services.
China's Xiaomi unveiled on Tuesday its new flagship Mi 4 smartphone, aimed squarely at the premium handset market dominated by Apple Inc and Samsung Electronics Co Ltd.
Xiaomi topped the chart as the most sold smartphone brand by its users with 26 per cent share, followed by Apple (20 per cent), Samsung (16 per cent), Vivo, and Motorola (6 per cent each) among others, it said. Most smartphones sold by users were in the sub-Rs 10,000 brackets, it added. Among models, the iPhone 7 was the hottest selling model along with some other models as well as Redmi Note 4 and OnePlus 6 during the year. The number of smartphone repairs was the highest in Delhi in 2020.
'There are people clicking beautiful photos with a phone camera that others fail to achieve even with a DSLR' says Amit Mehra.
iPhone will have to break Android's domination to make India the next China for Apple
Samsung has reason to be worried.
Apple said on Tuesday it sold 47.5 million iPhones in the third quarter, up 35 per cent from a year ago.
