Apple upping iPhone 17 production in India
Digest more
Apple's biggest iPhone factory is swelling with new workers as Foxconn throws money at recruits to keep production on track for the iPhone 17.
New recruits who stay at the factory for three months qualify for a bonus of up to US$1,113, a significant hike from early July.
20don MSN
Apple got a much-needed iPhone and China boost, but expects a $1.1 billion tariff hit this quarter
Apple reported strong iPhone sales and rebound in revenue from China, giving a much-needed boost to two parts of the company’s business that had struggled over the past year.
A new report says that Apple will finally hit a long-held goal to reduce its dependence on China with the launch of the iPhone 17. Indian iPhone production has always lagged behind that of China, but all this is now changing – with import tariffs acting as an additional incentive …
After years of relying on China for iPhone production, Apple is boosting its presence in India. The tech giant hit a milestone ahead of the iPhone 17 launch.
Apple lost its crown as the biggest smartphone seller in China to rival Vivo, sliding to third place in the quarter, followed by Huawei, whose market share jumped to 15.5% from 9.3% a year earlier.
Morgan Stanley turns bullish on Apple, citing stronger iPhone demand in China, AI potential, and upside in future quarters.