Apple's ecosystem of component makers and suppliers could collectively employ around five lakh people in India directly in the next three years — marking an over three-fold increase — as the iconic phone-maker moves at least half of its existing supply chain from China to India, top officials aware of the matter told ET.The Cupertino-based company, which is looking to increasingly decouple from China, also aims to increase local value addition from its Indian suppliers in line with the approach...
The iPhone has driven India’s mobile exports to over $15 billion in FY24. This and more in today’s ETtech Top 5.Also in this letter:■ Instamart’s loss is Zepto’s gain■ Digiyatra transitioning to new app■ Nazara consortium bids for Smaaash Apple bonanza: iPhones drive India's mobile phone exports to record $15 billion 109376499Apple iPhones powered an over 35% surge in India’s mobile phone exports to a record $15 billion-plus in FY24, according to government data seen exclusively by ET....
Happy Friday! Quick-commerce platforms like Zepto, Swiggy’s Instamart, and Zomato-owned Blinkit are seeing a surge in sales for non-grocery items as they take on ecommerce rivals. This and more in today’s ETtech Morning Dispatch.Also in the letter:■ Apple users hit by spyware attack■ VC Lumikai eyes 10-12 deals■ Explainer: Google's Axion data centre processors Non-grocery products deliver sales growth for quick-commerce 109230475Quick-commerce platforms like Zepto, Swiggy’s Instamart and...
The activist firm reached an agreement with Twilio, and Stafman will join the board of directors.
Apple ProMotion technology was first featured in the iPad Pro back in 2017 and has continued to roll out on select Apple devices. But what actually is Apple’s ProMotion technology and how does it work? Read on to learn more about the technology, why it’s useful and which devices it’s currently featured in. What is ProMotion? Most screens are equipped with a 60Hz refresh rate, but devices with Apple ProMotion technology offer double this with 120Hz. This means that the screen will...
NEW DELHI (AP) — The world’s largest democratic election could also be one of its most consequential. With a population of over 1.4 billion people and close to 970 million voters, India’s general election pits Prime Minister Narendra Modi, an avowed Hindu nationalist, against a broad alliance of opposition parties that are struggling to play []
The announcement of the new and improved Find My Device network shows that Google is hell-bent on stepping things up.
The Reserve Bank of India’s Monetary Policy Committee had estimated real gross domestic product growth for the current financial year at 7%.
Apple’s (AAPL) 2024 has been rough so far. But despite the company’s headwinds ranging from antitrust suits to slowing iPhone sales, there’s one big bright spot for Apple: its Services business. In the first quarter, Services revenue jumped 11% year over year to $6.3 billion. And according to BofA Global Research’s Wamsi Mohan, Apple is
Black Women Invest founder Schelo D. Collier believes investing is key to the Black community building wealth, and offers advice on how to start investing, avoid common misconceptions, and reduce risk.
As vast solar plants multiply, so does the scrap, set to reach 19m tonnes by 2050. But disposing of the waste often falls to informal traders who risk injury when dismantling broken panelsUnder the scorching sun, a sea of solar panels gleams in the semi-arid landscape. Pavagada, 100 miles north of Bengaluru in southern India, is the world’s third-largest solar power plant, with 25m panels across a huge 50 sq km site, and a capacity of 2,050MW of clean energy.India has 11 similarly vast solar...
NEW DELHI (AP) — Nearly 970 million people — or over 10% of the global population — are eligible to vote in India's general elections that start Friday and last to June 1. The mammoth exercise is the biggest anywhere in the world and will take 44 days before results are announced on June 4. []