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Apple to offer Made-In-India iPhone on launch day for first time: Report
Livemint
·
1y ago
Medial
Apple is planning to launch the iPhone 15, manufactured in India, in the country as part of its diversification strategy. While most of Apple's phones are made in China, this move highlights India's growing production capabilities. The iPhone 15 is expected to be a major update, with the Pro models featuring an improved 3-nanometer processor. Apple aims to reduce its dependence on China, and the Indian government's incentives for manufacturers have made the country an attractive option. Apple recently reported declining sales, making the Indian market crucial for its diversification efforts.
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Foxconn buys equipment worth Rs 267 crore for India factory to locally make iPhone 16 Pro series
Economic Times
·
10m ago
Medial
Taiwanese electronics manufacturer Foxconn has purchased equipment worth $31.8 million for its factory in India, signaling its preparation to manufacture the iPhone 16 Pro series in the country. This marks the first time that Apple's high-end iPhone Pro series will be manufactured outside of China. Foxconn's subsidiary, Foxconn Hon Hai Technology India Mega Development Private Limited, acquired the machinery equipment from Apple Operations Limited. The procurement is aimed at increasing production capacity at Foxconn's Tamil Nadu unit for the manufacturing of the iPhone 16 Pro series. Apple plans to release the "Made in India" iPhone models later this month or early November.
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Apple Begins Training Workers To Produce iPhone Pro Models In India
Inc42
·
1y ago
Medial
Apple assembled $14 billion worth of iPhones in India in FY24, accounting for 14% of its global iPhone production. Foxconn will start assembling the iPhone 16 Pro and Pro Max models in its Tamil Nadu factory shortly after the global launch. This marks the first time that Apple's premium Pro and Pro Max models will be assembled in India through its partnership with Foxconn.
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Apple set to launch iPhone 15 series in India along with global debut: Report
Livemint
·
1y ago
Medial
Apple is planning to manufacture its upcoming iPhone 15 at its Foxconn facility in Chennai, India, aiming for a mid-September release. The move is intended to minimize the time gap between the Indian launch and the global release, possibly achieving a simultaneous debut in India. Apple's efforts to reduce this gap have already begun, with trial production of the iPhone 15 commencing in China in June. Apple intends to kick off exports of India-made iPhone 15 series devices in December 2023, initially to meet local Indian demand during the festive season, with future plans for exports to other regions like Europe and the US.
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Apple to open 4 more stores in India, roll out 'made in India' iPhone 16 Pro this month
YourStory
·
11m ago
Medial
- Apple plans to open four new stores in India located in Pune, Bengaluru, Delhi-NCR, and Mumbai. - The company will introduce its first-ever 'made in India' iPhone 16 Pro and iPhone 16 Pro Max series devices this month. - Apple aims to expand its retail presence in India to connect with customers and provide more opportunities to shop for their products and services. - In April 2023, Apple launched its first two stores in India, one in Delhi and the other in Mumbai. - The new stores are expected to be operational next year in cities like Bengaluru, Pune, Delhi-NCR, and Mumbai. - Apple has started manufacturing the complete iPhone 16 lineup in India, including the iPhone 16 Pro and iPhone 16 Pro Max models.
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Smartening up Siri: Apple's upcoming iPhone will break new ground with AI shift
Livemint
·
11m ago
Medial
Apple is set to introduce the iPhone 16, a smartphone tailored specifically for artificial intelligence (AI). The new model aims to revamp Apple's virtual assistant Siri and offer customizable emojis in real-time. The company's pivot towards AI is seen as a response to minor upgrades in previous iPhone models, leading to a recent sales slump. By performing most of the AI tasks on the device itself, Apple is positioning itself as a leading player in the consumer AI revolution. The anticipation for the iPhone 16 launch has caused Apple's stock price to rise by 13%.
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Apple said to rollout Apple Intelligece with iOS 18.1 developer beta this week
Livemint
·
1y ago
Medial
According to a report from Bloomberg, Apple will delay the inclusion of its new artificial intelligence features, known as "Apple Intelligence," in the stable version of iOS 18 and iPadOS updates slated for September. These features will instead be included in the October update, giving Apple more time to address bugs. The Apple Intelligence features will first be available to developers for testing via the iOS 18.1 and iPadOS 18.1 developer beta. The report suggests that the upcoming iPhone 16 series may ship without these AI features.
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The iPhone needs a revamp, and its sagging performance in China is proof
Business Insider
·
1y ago
Medial
Apple CEO Tim Cook faces challenges in making the company's latest hardware push successful, particularly with the launch of the $3,500 Vision Pro headset. This pricey mixed reality device is crucial for Apple to win over consumers, especially as signs emerge that the iPhone, its biggest moneymaker, is in need of a revamp. Net sales in China have been declining, with a 24% drop in iPhone sales in the first weeks of the year, resulting in Apple slipping to fourth place in smartphone market share. Factors contributing to this decline include a soft Chinese economy, changes in consumer preferences, and increased competition from local brands like Huawei. As Apple works on developing artificial intelligence (AI) capabilities, it hopes to offer new features that can give the iPhone an edge over its Chinese competitors.
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Apple set for biggest revenue jump in two years
Economic Times
·
10m ago
Medial
Apple is set to report its biggest quarterly revenue increase in two years, buoyed by strong iPhone demand, particularly in China. The spotlight will be on the company's commentary regarding its fiscal first quarter, particularly with regards to the success of the iPhone 16 series and Apple Intelligence. Investors are concerned that the slow rollout of Apple Intelligence could delay a highly anticipated sales boost. Despite competition from Huawei and other domestic players in key markets like Europe and China, Apple is expected to announce a 3.8% increase in iPhone sales for the quarter.
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Apple’s first made-in-India iPhone pro models coming this year
Economic Times
·
1y ago
Medial
Apple Inc. is set to manufacture its most expensive iPhone Pro and Pro Max models in India this year. Partnering with Foxconn Technology Group, Apple aims to assemble the devices in India soon after their global launch. The move is part of Apple's efforts to diversify its manufacturing beyond China and take advantage of financial incentives offered by the Indian government. The production of Apple's entire iPhone range in India accounted for 14% of its global output in the previous fiscal year. Apple is expected to export the India-made Pro models to Europe, the Middle East, and the US, while also satisfying local demand.
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Apple iPhone 16 launch tomorrow: Timing, when & where to watch special ‘glowtime’ event. Check details here
Livemint
·
11m ago
Medial
Apple is set to launch its iPhone 16 series and Apple Watch Series 10 at its 'glowtime' event on September 9. The event will also reveal the release dates for upcoming software updates including iOS 18, iPadOS 18, and watchOS 11. The event will be livestreamed on Apple's website, YouTube, and the Apple TV app. Four new iPhone models are expected to be unveiled: iPhone 16, iPhone 16 Plus, iPhone 16 Pro, and iPhone 16 Pro Max. The iPhone 16 Pro and Pro Max models could see a price reduction of up to 10% due to local manufacturing in India.
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