Apple to soon make iPhone 12 in India, shift 7-10% of capacity from China
3 years, 9 months ago

Apple to soon make iPhone 12 in India, shift 7-10% of capacity from China

Business Standard  

Apple to soon make iPhone 12 in India, shift 7-10% of capacity from China iPhone 12, according to sources in the know, will be manufactured at the Hon Hai Precision Industry facility in Tamil Nadu - both for the domestic as well as well as the export market Premium Apple Inc. has tied up with three global vendors — Foxconn, Pegatron, and Wistron — under the production-linked incentive scheme to manufacture in India with huge commitments to export Surajeet Das Gupta New Delhi Apple Inc. will manufacture Made-In-India iPhone 12 soon, its latest model launched in India on October 30 last year, a few weeks after the global release. iPhone 12, according to sources in the know, will be manufactured at the Hon Hai Precision Industry facility in Tamil Nadu — both for the domestic as well as well as the export market. The unit also manufactures iPhone 11, which is the bestseller in India, as well as iPhone XR. An Apple India spokesperson did not respond to a query on the issue.

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History of this topic

Apple to begin assembling THIS product in India: Here’s what the report suggests
1 week, 4 days ago

Apple to begin assembling THIS product in India: Here’s what the report suggests

Live Mint  

Apple is reportedly set to begin assembling its popular AirPods wireless earphones in India, marking a major step in the company's ongoing efforts to expand its manufacturing footprint beyond China. According to a Bloomberg report, Foxconn Technology Group, a key Apple supplier, is preparing to begin AirPods production at a new facility near Hyderabad, Telangana, as early as the first …

India-made iPhones breach $10 billion milestone, reveals IT Minister Ashwini Vaishnaw
3 weeks, 6 days ago

India-made iPhones breach $10 billion milestone, reveals IT Minister Ashwini Vaishnaw

Firstpost  

The PLI scheme continues to play a pivotal role in attracting global tech giants like Apple to India, bolstering the country’s position as a key player in the global electronics manufacturing ecosystem Apple’s expansion in India shows no signs of slowing down. Image Credit: Firstpost | Mehul Reuben Das India’s iPhone production has hit a remarkable milestone, surpassing $10 billion …

Apple India revenue rises 36% to ₹67,122 crore in FY24, driven by iPhone sales
1 month ago

Apple India revenue rises 36% to ₹67,122 crore in FY24, driven by iPhone sales

Live Mint  

Apple India reported a revenue of ₹67,121.6 crore for the financial year ended March 2024, up 36% from a year earlier, driven by higher iPhone sales. For FY25, iPhones are expected to generate nearly $11 billion in sales for Apple India with Mac, iPad, wearables and services likely to bring in another $4-6 billion and setting the company on road …

Tata Electronics to buy 60% stake in Apple supplier Pegatron’s iPhone plant in Tamil Nadu, says report
1 month ago

Tata Electronics to buy 60% stake in Apple supplier Pegatron’s iPhone plant in Tamil Nadu, says report

Live Mint  

Tata Electronics is set to acquire a 60 per cent majority stake in Taiwanese contract manufacturer Pegatron's iPhone plant in Tamil Nadu, forming a new joint venture, Reuters reported citing two sources. What We Know So Far Tata Electronics will hold 60 per cent of the JV and run its daily operations, while Pegatron will hold the remaining 40 per …

Tata Said To Acquire Majority Stake In Pegatron's iPhone Production Facility In Tamil Nadu: What We Know So Far
1 month ago

Tata Said To Acquire Majority Stake In Pegatron's iPhone Production Facility In Tamil Nadu: What We Know So Far

ABP News  

Tata Electronics has finalised an agreement to acquire a majority stake in Taiwanese manufacturer Pegatron’s only iPhone production facility in India, Reuters reported on Monday. The Chennai-based plant, which employs around 10,000 workers and manufactures approximately five million iPhones annually, will now join Tata’s expanding portfolio of iPhone production facilities. Tata already operates a plant in Karnataka, acquired from Wistron …

Tata finalises deal with Pegatron for iPhone manufacturing plant in Tamil Nadu: Report
1 month, 1 week ago

Tata finalises deal with Pegatron for iPhone manufacturing plant in Tamil Nadu: Report

India TV News  

India's Tata Electronics has agreed to acquire a majority stake in Pegatron's iPhone manufacturing facility in India, according to two sources familiar with the matter. In April, Reuters reported that Pegatron was in advanced discussions to sell its Indian iPhone plant to Tata with Apple's backing, indicating a reduction of Pegatron's involvement with Apple. Tata’s other iPhone manufacturing plant in …

Apple sets record as Indian smartphone market expands by 5.6 per cent in Q3 2024
1 month, 1 week ago

Apple sets record as Indian smartphone market expands by 5.6 per cent in Q3 2024

India TV News  

The Indian smartphone market grew 5.6 per cent year-on-year in Q3 2024, with shipments reaching 46 million units, according to IDC's data. Apple recorded its highest-ever quarterly shipments in India, capturing an 8.6% market share, up from 5.7 per cent in Q3 2023. Surge in 5G Smartphone Shipments 5G smartphones accounted for 83 per cent of total shipments, up from …

Apple’s record 4 million unit sales helps tech giant post its largest quarter growth in India
1 month, 1 week ago

Apple’s record 4 million unit sales helps tech giant post its largest quarter growth in India

Firstpost  

The Indian smartphone market overall grew by 5.6 per cent year-over-year, marking its fifth consecutive quarter of positive growth. While Apple made headlines with its impressive numbers, Vivo maintained its position as the market leader, holding 15.8 per cent of the total market share The premium smartphone segment, comprising devices priced between $600 and $800, witnessed the most significant growth, …

Apple vs Samsung: See which smartphones Indians are buying
1 month, 1 week ago

Apple vs Samsung: See which smartphones Indians are buying

Hindustan Times  

Apple's market share in India has expanded while rival Samsung has struggled with its sales numbers taking a hit yet again, showed data from market intelligence firm International Data Corporation. Apple's market share grew by 58.5% year-over-year for the third quarter of 2024, while Samsung's market share fell by 19.7% year-over-year for the same period. She added that the launch …

iPhone production likely to double in India due to Donald Trump, adding 200,000 new jobs & $30bn revenue
1 month, 1 week ago

iPhone production likely to double in India due to Donald Trump, adding 200,000 new jobs & $30bn revenue

Firstpost  

Apple’s production increase hinges on the policies of US President Donald Trump, who has repeatedly expressed his intent to impose steep tariffs, between 60-100 per cent, on goods imported from China If Apple implements these plans, India’s share of global iPhone production could rise to over 26 per cent, a substantial jump from the current 12-14 per cent. The Economic …

Samsung, OnePlus woes threaten premium smartphone growth in India
1 month, 1 week ago

Samsung, OnePlus woes threaten premium smartphone growth in India

Live Mint  

NEW DELHI : India’s premium smartphones market witnessed a surprisingly muted festive period as buyers deferred purchases citing lack of innovation, according to retailers and distributors. Read this | Diwali smartphone sales revive budget phones—for now “Samsung’s premium devices saw a clear downturn in demand from buyers during the festive period, even though it did strongly in the budget 5G …

Apple's India Expansion: A Strategic Shift Away from China
1 month, 3 weeks ago

Apple's India Expansion: A Strategic Shift Away from China

Firstpost  

Apple's expansion of its manufacturing base in India has gained significant attention, with the tech giant exporting nearly $6 billion worth of iPhones between April and September 2024. This represents a one-third increase in value compared to the same period last year, setting Apple on track to exceed $10 billion in exports by the end of the fiscal year. The …

India's Mobile Manufacturing Boom: A Global Powerhouse Emerging
Trending News
1 month, 3 weeks ago

India's Mobile Manufacturing Boom: A Global Powerhouse Emerging

Firstpost  

India's mobile manufacturing industry is gaining global attention, thanks to the Make in India initiative. Big companies like Samsung and Apple are setting up large factories in the country, making India the world's second-largest exporter of mobile phones. With Samsung's mega factory in Noida and Apple moving some iPhone production to Tamil Nadu, India is becoming a key player in …

Apple to manufacture entire iPhone 16 lineup in India
2 months, 3 weeks ago

Apple to manufacture entire iPhone 16 lineup in India

New Indian Express  

US tech giant Apple announced on Friday that it will manufacture its entire iPhone 16 lineup, including its premium devices, in India. “Apple is now manufacturing the entire iPhone 16 lineup, including iPhone 16 Pro and iPhone 16 Pro Max, in India,” said Apple in a statement. Apple first started manufacturing iPhones in India in 2017, initially producing older generation …

Amazon Great Indian Festival: iPhone 13 To Be Sold Under Rs 40,000, Here's How You Can Grab It
3 months ago

Amazon Great Indian Festival: iPhone 13 To Be Sold Under Rs 40,000, Here's How You Can Grab It

ABP News  

Amazon Great Indian Festival: Amazon is gearing up for its most significant sale event of the year, known as the Great Indian Festival, which is set to kick off on September 27. This makes it an excellent option for consumers seeking to purchase a new iPhone without exceeding the Rs 40,000 budget, providing an opportunity to own a premium device …

iPhone 16 Sale Begins: Hundreds Of People Line Up In Front Of Apple BKC & Saket To Buy The Latest Models — Watch
3 months ago

iPhone 16 Sale Begins: Hundreds Of People Line Up In Front Of Apple BKC & Saket To Buy The Latest Models — Watch

ABP News  

The much awaited iPhone 16 series has finally gone on sale, and on the first day itself, hundreds of tech enthusiasts lined up in front of the flagship stores of Apple i.e., Apple BKC and Apple Saket. Apple launched the iPhone 16 series, comprising the iPhone 16, iPhone 16 Plus, iPhone 16 Pro, and iPhone 16 Pro Max, on September …

Apple iPhone 16 Series Prices In India Compared With US, UAE And Singapore: Where To Buy Cheaper?
3 months, 1 week ago

Apple iPhone 16 Series Prices In India Compared With US, UAE And Singapore: Where To Buy Cheaper?

News 18  

It’s that of the year again where the new iPhone launches and Apple shows pretty much the sameness with its new products and some more. The iPhone 16 launch prices in countries like the US, UAE and Singapore are always considered by people looking to buy the new iPhones and this year seems no different. iPhone 16 Plus Launch Price …

India-made iPhone 16 Pro to hit global market
3 months, 2 weeks ago

India-made iPhone 16 Pro to hit global market

Op India  

On 9th September, Apple launched its new iPhone 16 Pro and iPhone 16 Pro Max models. The phone comes with a 6.3-inch display for iPhone 16 Pro and 6.9 inches for the Pro Max, and the bezels have been thinned for a more immersive experience. Made-in-India models to reach global shelves With the launch of Apple’s new iPhone models, India …

iPhone 16 to be cheaper? Apple training workers to produce models in India
4 months ago

iPhone 16 to be cheaper? Apple training workers to produce models in India

Hindustan Times  

Apple has begun training thousands of workers at its Tamil Nadu factory to produce iPhone 16 Pro and Pro Max, Bloomberg News reported citing people in the know. The company plans to assemble its premium Pro and Pro Max models of the upcoming iPhone 16 series in India for the first time through partner Foxconn. The 'new product introduction' process …

Apple fastest growing firm in India over the last 50 years, ​contributes 14 per cent to tech giant’s total production
4 months, 1 week ago

Apple fastest growing firm in India over the last 50 years, ​contributes 14 per cent to tech giant’s total production

Firstpost  

India’s role in Apple’s global production has grown substantially. This growth not only highlights Apple’s expanding influence in India but also marks it as the largest global value chain operating within the country, surpassing other multinational corporations. According to a recent Economic Survey, India now contributes approximately 14 per cent to Apple’s total production, a sharp increase from the 7 …

'Made in India' telecom equipment now being exported to over 100 countries: Centre
4 months, 3 weeks ago

'Made in India' telecom equipment now being exported to over 100 countries: Centre

India TV News  

The Indian government has stated that telecom equipment designed and manufactured in India are now being exported to over 100 countries. Madhu Arora, Member of the Digital Communications Commission, Department of Telecom, mentioned that many Indian telecom companies have achieved success in Western nations, including the US, despite tough global competition. Madhu Arora emphasised that Information and communications technology plays …

India To See Local Manufacturing Of iPhone 16 Pro Models As Apple Shifts Production
4 months, 3 weeks ago

India To See Local Manufacturing Of iPhone 16 Pro Models As Apple Shifts Production

News 18  

Apple Inc. will be manufacturing Pro and Pro Max of its upcoming iPhone 16 series in India for the first time in collaboration with its partner, Foxconn. As per the report of CNBC, Foxconn will soon start the ‘new product introduction’ process for the pro models of iPhone 16 and will enter the mass production stage once the phone is …

iPhone models get price cut in India after recent basic customs duty reduction: New prices here
4 months, 4 weeks ago

iPhone models get price cut in India after recent basic customs duty reduction: New prices here

India TV News  

Apple has reduced the price of its iPhone models in India. The recent price cut is available on many iPhone models including iPhone 15 and iPhone 14. Due to the price cut some of the popular iPhone models have seen a price drop from Rs 300 to Rs 6,000. iPhone price cut in India The iPhone 15 and iPhone 15 …

iPhone 16 Pro models set to manufacture in India, to arrive shortly after their global launch – India TV
4 months, 4 weeks ago

iPhone 16 Pro models set to manufacture in India, to arrive shortly after their global launch – India TV

India TV News  

Apple is planning to introduce its 'Make in India' iPhone 16 Pro and 16 Pro Max models in India shortly after their global launch this fall. The iPhone 16 will also be available on the first day of global sales in India, just like the previous year when the iPhone 15 debuted in the domestic market on the global sale …

HMD to double mobile phone exports from India, make it global hub, COO says
4 months, 4 weeks ago

HMD to double mobile phone exports from India, make it global hub, COO says

Live Mint  

New Delhi: Human Mobile Devices, or HMD, makers of Nokia-branded mobile phones, aims to double exports of these devices from India over the next year to 4 million units and boost local production by more than a third, its chief operating officer Alain Lejeune said on Thursday. Exploring Nokia HMD is currently exporting Nokia brand of featurephones and smartphones to …

Economic Survey 2023-24: 14% of global iPhones made in India in FY24, country's electronics export rank up
5 months ago

Economic Survey 2023-24: 14% of global iPhones made in India in FY24, country's electronics export rank up

The Hindu  

US smartphone major Apple assembled 14% of global iPhones in India in FY24 and the country's ranking in global electronics export improved by four positions, Economic Survey 2023-24 said on July 22. "Apple assembled $14 billion worth of iPhones in India during FY'24, constituting 14% of its global iPhone production," the Economic Survey said citing third-party data. The survey recorded …

Indian smartphone market grows only by 1 percent in Q2 of 2024: Here are top manufacturers
5 months ago

Indian smartphone market grows only by 1 percent in Q2 of 2024: Here are top manufacturers

India TV News  

The Indian smartphone market experienced only a 1 percent growth in the April-June quarter, with a total of 36.4 million units shipped, as stated in a report released on Thursday. Xiaomi regained the top position after six quarters, capturing an 18 percent market share with 6.7 million units shipped. Vivo closely followed, also shipping 6.7 million units, boosted by affordable …

Apple's ‘big plans’ for India: Resume iPads production, Pune for AirPod cases
5 months, 2 weeks ago

Apple's ‘big plans’ for India: Resume iPads production, Pune for AirPod cases

Hindustan Times  

Apple may soon start manufacturing its iPads in India again reportedly owing to government's push to bring more supply chains into the country. The company has been focussing on increasing its manufacturing capabilities for iPhones and aims to increase production of components for AirPod wireless charging cases in India. India also wants Apple to look into making laptops and desktops …

Apple exports iPhones worth over Rs 16,500 crore in April-May from India
6 months, 1 week ago

Apple exports iPhones worth over Rs 16,500 crore in April-May from India

India TV News  

Apple has reportedly achieved a significant milestone of exporting the ‘made in India’ iPhones which was worth more than Rs 16,500 crore in the first 2 months of the ongoing financial year. FY24 success and record production Apple has concluded FY24 with a substantial iPhone production value of around USD 14 billion in India. Strengthening domestic manufacturing Highlighting India’s growing …

Here's what Tim Cook said after seeing Apple's growth in March quater in India
7 months, 3 weeks ago

Here's what Tim Cook said after seeing Apple's growth in March quater in India

India TV News  

During an analyst call announcing its fiscal 2024 second quarter results with revenue of $90.8 billion, Apple's CEO, Tim Cook, shared that the company experienced strong double-digit growth in India in the March quarter. Cook said that the company is continuing to expand its channels and also working on the developer ecosystem in India as well. Cook said that the …

Tata developing high-tech machines to manufacture iPhone casing?
7 months, 4 weeks ago

Tata developing high-tech machines to manufacture iPhone casing?

Hindustan Times  

Tata Electronics has tied up with two Indian manufacturers in Pune and Bengaluru to develop capabilities to work on developing very sophisticated and complex high-precision machines used to produce the casing of the iPhone, Economic Times reported. The action is anticipated to provide the government's $300 billion electronics export goal by 2025 with a significant boost. These machines are just …

Apple Stores in India emerge as global high performers as sales fly: Report
8 months ago

Apple Stores in India emerge as global high performers as sales fly: Report

Hindustan Times  

Apple has been raising its game in India ever since it faced a host of negative issues in its top manufacturing base, which is China, during the Covid-19 pandemic. While that is the case regarding the manufacturing arena, Apple has gone ahead and even opened physical stores in India last year - two of them actually, and that too in …

Hiring now! Apple may create 500,000 jobs in India
8 months ago

Hiring now! Apple may create 500,000 jobs in India

Hindustan Times  

Apple has been trying to diversify its manufacturing base away from China after facing huge difficulties during the Covid-19 pandemic when the production of iPhone and other gadgets came under intense pressure. It has been reported that Apple, via its vendors, may create over 500,000 jobs in India over the next three years, news agency PTI reported quoting government sources. …

Apple set to scale up production India, employ 5 lakh people in next 3 years
8 months ago

Apple set to scale up production India, employ 5 lakh people in next 3 years

Live Mint  

iPhone maker Apple is set to scale up its production in India through vendors and is expected to employ around 5 lakh employees from the country in the next three years, the sources from the government revealed on Sunday. The fresh plans around hiring will be a significant boost from the current level of 1.5 lakh Apple employees in India, …

Apple to assemble iPhone camera module in India, cutting dependence on China
8 months, 1 week ago

Apple to assemble iPhone camera module in India, cutting dependence on China

India TV News  

Apple, a producer of iPhones, iPads, MacBooks and more has continued to minimise its dependence on China. As per the recent report, the iPhone maker is set to increase its investments in the Indian market and is reportedly in advanced talks with Murugappa Group and Tata Group's Titan Company which will be assembling sub-components for the iPhone camera modules- giving …

Apple shows the way for electronics exports
8 months, 1 week ago

Apple shows the way for electronics exports

Hindustan Times  

At $10 billion in FY24, exports of India-assembled iPhones have doubled from the previous fiscal. While the iPhone instance is evidence of policies such as the PLI for smartphones working, India must do more to convince the world that it has the makings of a preferred China+1 destination for electronics exports. At present, the world may seem more inclined towards …

Apple’s iPhone shipments fall 10% as android rivals rise: What's happening?
8 months, 1 week ago

Apple’s iPhone shipments fall 10% as android rivals rise: What's happening?

Hindustan Times  

Apple Inc.’s iPhone shipments were down nearly 10% in the first quarter of the year, losing ground as the broader smartphone industry rebounded, according to market tracker IDC. Apple iPhones are seen inside India's first Apple retail store during a media preview, a day ahead of its launch in Mumbai, India. The Cupertino, California-based company has struggled to sustain sales …

Apple's major milestone: Company now makes 1 in 7 iPhones in India as output hits $14 billion
8 months, 2 weeks ago

Apple's major milestone: Company now makes 1 in 7 iPhones in India as output hits $14 billion

Hindustan Times  

Apple increased its iPhone production in India as the company assembled $14 billion worth of iPhones in fiscal 2024, Bloomberg reported. Foxconn and Pegatron, two major Taiwanese manufacturers, played a significant role in boosting Apple's production output in India. China is the largest iPhone-making hub in the world but Apple is ramping up iPhone production in India as it strategically …

Tata Group Ready To Buy Pegatron's iPhone Plant In India: Report
8 months, 2 weeks ago

Tata Group Ready To Buy Pegatron's iPhone Plant In India: Report

News 18  

BENGALURU/NEW DELHI: Pegatron is in advanced talks to hand over control of its only iPhone manufacturing facility in India to the Tata Group, said two sources with direct knowledge, marking the Taiwanese firm's latest scale back of its Apple partnership. Under the deal, which has received the backing of Apple, Tata plans to hold at least a 65% stake in …

Tata to take over Pegatron iPhone mfg unit in Chennai
8 months, 2 weeks ago

Tata to take over Pegatron iPhone mfg unit in Chennai

New Indian Express  

NEW DELHI: After taking over the iPhone assembly plant of Wistron in 2023, Tata Group is all set to take control of another iPhone manufacturing facility owned by Pegatron in the country. The talks between Tata and Pegatron for the factory are expected to close in six months and will see all Pegatron India employees move to the joint venture …

Taiwanese firm Pegatron in talks to hand over its India iPhone manufacturing facility to Tata: Report
8 months, 2 weeks ago

Taiwanese firm Pegatron in talks to hand over its India iPhone manufacturing facility to Tata: Report

Hindustan Times  

Taiwanese electronics giant Pegatron is in advanced talks with The Tata Group to hand over the control of its only iPhone manufacturing facility in India to the Indian business conglomerate, Reuters reported on Monday. Apple's iPhone contract manufacturers in India currently include Tata, Pegatron and Foxconn The deal which has received the backing of iPhone creator Apple, Tata will have …

Unparalleled success story unfolds in mobile phone manufacturing in India
9 months, 2 weeks ago

Unparalleled success story unfolds in mobile phone manufacturing in India

India TV News  

The growth of mobile phone production in India over a decade is being described as an unmatched success story in the manufacturing sector. According to the industry body, India Cellular & Electronics Association, mobile phone production, in value terms has surged from Rs 18,900 crore in 2014-15 to an estimated Rs 4.10 lakh crore in FY24, registering over 20 fold …

Apple China iPhone sales plunge 24% as Huawei's popularity surges
9 months, 2 weeks ago

Apple China iPhone sales plunge 24% as Huawei's popularity surges

The Hindu  

Apple's iPhone sales in China fell 24% year-on-year in the first six weeks of 2024, according to research firm Counterpoint, as the U.S. company faced increased competition from domestic rivals such as Huawei. The U.S. tech giant's chief competitor in China in premium smartphones, Huawei, saw unit sales rise by 64% in the period, according to the report. Apple "faced …

Who is winning the smartphone exports race - Vietnam or India: Data
9 months, 4 weeks ago

Who is winning the smartphone exports race - Vietnam or India: Data

The Hindu  

In recent times, India has laid much emphasis on smartphone exports. It has also marginally improved its share to 1% in Hong Kong’s smartphone imports — the world’s second biggest importer — where India’s share is insignificant. However, in UAE and Germany — the world’s third and fifth biggest smartphone importers —Vietnam’s share in imports is decreasing and in both …

Apple gets record shipments in India. This iPhone is sold most
10 months, 1 week ago

Apple gets record shipments in India. This iPhone is sold most

Hindustan Times  

In the October- December quarter, Apple achieved record shipments in the Indian smartphone market, capturing a 7 per cent market share, according to Canalys research. The report says that Indian smartphone vendors capitalised on robust festival season demand, propelling Q4 shipments to an impressive 3.89 crore units, representing a substantial 20 per cent year-on-year rebound. Additionally, discounts on the previous-generation …

Best premium flagship phones to buy in India this February 2024: OnePlus 12 and 3 more
10 months, 2 weeks ago

Best premium flagship phones to buy in India this February 2024: OnePlus 12 and 3 more

India Today  

You can forget waiting for the new year's big launches as February isn't shy on flagship deals. Starting at Rs 64,999 for the base 12GB plus 256GB storage option and going all the way up to Rs 69,999 for the top-end 16GB RAM plus 512GB storage, the OnePlus 12 is one of the most complete premium phones you can get …

Tata And Pegatron Talking Over iPhone Assembly Plans in Tamil Nadu
10 months, 3 weeks ago

Tata And Pegatron Talking Over iPhone Assembly Plans in Tamil Nadu

News 18  

BENGALURU/NEW DELHI: Tata Group is in advanced talks with Taiwan's Pegatron to form a partnership to run an iPhone assembly plant the Indian company is building in the southern state of Tamil Nadu, two sources with direct knowledge of the matter said on Thursday. Tata's new plant with Pegatron is expected to have 20 lines for iPhone assembly, one of …

Apple tops India smartphone revenue in 2023, nears $10 bn mark
10 months, 3 weeks ago

Apple tops India smartphone revenue in 2023, nears $10 bn mark

Live Mint  

Apple is projected to have pipped Samsung for the top spot in terms of revenue with almost one-third of Samsung’s total shipment volume—while Apple is said to have shipped just over 10 million iPhones last year, Samsung shipped over 27.3 million to capture 18% of the market. iPhone-maker Apple marked 2023 as the first year when it topped the smartphone …

Apple's 'Made in India' iPhones contribute to Rs 65,000 crore in exports in 2023
11 months, 2 weeks ago

Apple's 'Made in India' iPhones contribute to Rs 65,000 crore in exports in 2023

India TV News  

Apple has reportedly assembled the new iPhones which are worth more than Rs 1 lakh crore in India in 2023, as India doubles the down on local manufacturing. Riding on the local manufacturing growth, mobile phone exports from the country have surpassed USD 9 billion from April to November in the current fiscal year, as per the India Cellular and …

Smartphones see a muted ’23, this year may be better
11 months, 2 weeks ago

Smartphones see a muted ’23, this year may be better

Live Mint  

New Delhi: India’s smartphone market cooled for a second straight year in 2023, analysts polled by Mint said, even as they expect the year ahead to be better than the last. Smartphone volumes at 144-145 million units in 2023 remained unchanged from the previous year or were slightly less, four telecom analysts polled by Mint said. However, helped by higher-priced …

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