Apple makes flagship iPhone 11 at Foxconn plant in India
Apple has started making its flagship iPhone 11 at the Foxconn plant near Chennai, t...
India has cleared all consignments, says Foxconn
Even after the security alert was withdrawn, government sources said, clearances are happeni...
Apple supplier Foxconn plans to invest $1 billion in India: Sources
The move is part of a quiet and gradual production shift by Apple away fr...
Six states woo mobile phone manufacturers with incentives and attractive subsidies
Uttar Pradesh has already written to both Pegatron and Apple, highlighting its offer of 20% added incentive on capital invested and 25% subsidy on land. It is also wooing Samsung.
The 'i' in iPhone 11 now stands for India-made: Apple for the first time makes a top-of-the-line model in the country
The company hasn’t cut prices as it also sells iPhone 11 handsets made in China in India but industry executives said that could be an option later on. Local production saves Apple 22% import duty.
Foxconn, Oppo, others may go for 41k-cr PLI sops
Top global players such as Foxconn and Wistron, manufacturers of Apple phones, Flex, Samsung, Oppo and Vivo are likely to apply for a production-linked incentive scheme (PLI) worth 41,000 crore as part of India’s massive push to wean away companies from China and emerge as the world’s hub for electronics production.
Samsung set to gain amid Chinese handset brands' pain
Samsung may displace Vivo and regain its No. 2 position by September end, if not the end of the June quarter, benefitting from the anti-China sentiment in India and the unavailability of fresh stocks of Chinese smartphones, experts said.
Foxconn posts better-than-expected second-quarter profit
Foxconn, whose clients include tech giants such as Apple, reported a net profit of T$22.9 billion ($778.54 million) for the second quarter ended June.
iPhone makers, local companies apply for production-linked incentive scheme
Taiwan's Foxconn, the world's biggest electronics contract manufacturer, recently told its shareholders it would invest more in India and the details of those investments would be announced shortly.
Chinese smartphone brands turn to imports for India market as plants struggle: sources
Although manufacturing facilities in India have been allowed since May to resume operations, several smartphone plants are still grappling with labour shortages making it difficult to meet demand that built up during nearly two months of lockdown when sales of phones were not allowed, the sources said.
Mega investments from global tech giants prove India's attractiveness, says RS Prasad
The telecom and IT minister was speaking a day after announcing that 22 global and Indian firms, including all three of Apple's contract manufacturers - Foxconn, Pegatron and Wistron - along with Samsung had committed investments of Rs 11,000 crore.
Diversifying supply chains: Apple vendor eyes production shift to India
The establishment of the facility is expected to generate employment for around 55,000 Indian workers over a year or so, sources familiar with the exercise told TOI. The vendors may expand the operations beyond phones to include tablets and even computers and laptops in the coming years.
Big push: iPhone maker Pegatron, Samsung likely to have applied for govt's PLI scheme
Telecom minister RS Prasad is scheduled to hold a briefing later today (August 1) on the applications for the PLI scheme, which aims to incentivise large electronic manufacturers to set up production bases in the country for the local and global market.
Apple vendors, Samsung, others propose Rs 11 lakh crore mobile phone production under PLI scheme
The proposals submitted by the companies to the Ministry of Electronics and IT to avail benefits of the Production Link Incentives (PLI) are expected to create 12 lakh employment opportunities -- 3 lakh direct and around 9 lakh indirect jobs, a source told PTI.
Handset companies flag approval issues
Handset makers have said that their supply chain partners are still facing challenges for approvals from authorities to start operations, which will impact the manufacturing of mobile devices in the country.