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...
Apple now produces as much as 14% of its iPhones in India, indicating the company's accelerating efforts to diversify beyond China (via Bloomberg). The figure accounts for $14 billion of assembled iPhones in the country, or about 1 in 7 of the company's flagship devices, a doubling of production compared to the last fiscal year. Models assembled in India include the iPhone 12 through to the latest iPhone 15, excluding premium Pro and Pro Max models. Apple has been setting up iPhone...
The iPhone continues to be overwhelmingly popular with teens, according to Piper Sandler's biannual teen survey. 85 percent of U.S. teens surveyed own an iPhone, and 86 percent plan to purchase an iPhone as their next smartphone. While the iPhone is still the most popular smartphone among teens, ownership is down from the October 2023 survey where 87 percent of teens owned an iPhone and 88 percent planned to purchase one.Both the 85% iPhone ownership and 86% intention to purchase an...
As part of Apple's continued shift to increase iPhone production in India, the company is now trying to secure suppliers for camera modules within the country. iPhone 15 Pro Max camera module Apple has spent years trying to move away from China-centric production into one with multiple manufacturing bases. While Apple wants to significantly increase its iPhone production in India in the coming years, it has to solve multiple problems that can slow progress. One of the issues is...
NEW DELHI, (IANS) – As Apple continues to minimize its dependence on China, the iPhone maker is increasing investments in India and is reportedly in advanced talks with Tata Group’s Titan Company and Murugappa Group to assemble sub-components for phone camera modules, and the country […]
Apple Inc has assembled $14 billion worth of iPhones in India in fiscal 2024, Bloomberg News reported on Wednesday. Apple now makes as much as 14% or about 1 in 7 of its marquee devices from India, the report said, citing people familiar with the matter. Foxconn assembled nearly 67% while Pegatron Corp made about 17% of the India-made iPhones, the Bloomberg report added. Wistron Corp's plant in the southern Indian state of Karnataka, which the Tata Group took over last year, made the remaining. ...
Apple produced $14 billion worth of iPhones in India over the last fiscal year
A new report says that one in seven iPhones are now made in India – pointing to a significant acceleration in Apple’s work to reduce its dependence on China. Apple’s reliance on China as its key manufacturing hub has been placing the company in an increasingly vulnerable position more
Apple's smartphone shipments dropped about 10% in the first quarter of 2024, hurt by intensifying competition by Android smartphone makers aiming for the top spot, data from research firm IDC showed on Sunday
Samsung leads with 20.8% market share, versus Apple's 17.3% share in terms of smartphone shipments
Apple today shared a new iPhone ad called "Goodbye Leather" on its YouTube channel in the U.K., months after the company controversially switched from leather to a much-criticized "FineWoven" fabric material for accessories. Apple discontinuing leather accessories for environmental benefits was a noble aspiration, but FineWoven accessories have been very poorly received. Just days after the first FineWoven cases were released for the iPhone, some customers and media outlets complained about...
A considerable segment of Apple's customer base own more than one of the company's products, and their loyalty is a better indicator of the company's success than just numbers. Apple device adoption holds steady among US consumers Apple's hardware ecosystem is expansive and diverse, encapsulating a range of devices from iPhones to Mac computers, each with its dedicated user base. However, when analyzing the penetration of these devices among US consumers, the numbers reveal more than...