iPhone | Pixr8 News

18May By Press Trust of IndiaNo Comments

INDIA

Apple Will Start iPhone SE Manufacturing in India This month

US tech giant Apple Inc today said it is beginning initial production of a "small number" of iPhone SE in the city and start shipping to domestic customers this month. "We are beginning initial production of a small number of iPhone SE in Bengaluru. iPhone SE is the most popular and powerful phone with a four-inch display in the world and well begin shipping to domestic customers this month," Apple said here. The Karnataka government had in February announced Apple Inc.s proposal to commence initial manufacturing operations in Bengaluru. The phones will be manufactured by Wistron, a Taiwanese OEM for Apple at Peenya in the city. Karnataka IT Minister Priyank Kharge had on March 30 said that Apple would be ready to start assembling high-end iPhones in the city in less than a mon...

Indian Government Propose New Manufacturing Scheme To Apple

30Apr By PriyankaNo Comments

INDIA, News

Indian Government Propose New Manufacturing Scheme To Apple

The government wants iPhone maker Apple to consider a new manufacturing scheme offering duty benefits to set up its plants in the country. "Apple had asked for a set of concessions. For a period of 15 years all the components that Apple imports, they want them to be free of duty. We have a phased manufacturing programme (PMP) because we want more and more value addition to come to the country. We want them to understand how this PMP will work and how they can dove tail into that," Ministry of Electronics and IT Secretary Aruna Sundararajan told reporters today. She was speaking on the sidelines of the annual session of the Confederation of Indian Industry (CII). IT and Law Minister Ravi Shankar Prasad has approved PMP and the government set to notify it. "Right now the value...

Apple to Start India Manufacturing in Coming Months With iPhone SE

17Feb By reutersNo Comments

News

Apple to Start India Manufacturing in Coming Months With iPhone SE

Apple Inc will in the coming months start assembling its lower-priced iPhone SE models at a contract manufacturer's plant in the southern Indian technology hub of Bengaluru, an industry source with direct knowledge of the matter said on Friday. Apple's Taiwanese manufacturing partner Wistron Corp is setting up a plant in Bengaluru to focus solely on assembling iPhones, a separate source told Reuters earlier this month. Apple's move comes as it seeks to boost its share in the world's fastest growing major mobile market, where handsets far cheaper than Apple's iPhones dominate. It also comes as smartphone sales growth is slowing in Asia's other massive market, China. To lower prices, Apple has been seeking to set up local production and has been in talks with the Indian federal gove...

25Jan By AnkitaNo Comments

INDIA

Apple Ready With Blueprint For Manufacturing Unit in India

Apple Inc today indicated to the government that it is ready with a blueprint to begin manufacturing iPhones in India, but wants fiscal concessions, including Customs duty waiver on import of components. Apple executives made a detailed presentation on its road map for setting up a manufacturing unit in India to an inter-ministerial group headed by Department of Industrial Policy and Promotion Secretary Ramesh Abhishek, sources privy to the development said. The presentation was made by senior executives of the company, including Global Vice-President (iPhone operations) Priya Balasubramanian. It cited the country's business friendly ecosystem for keenness to start local manufacturing. With sales tapering in the US and China, Apple is eyeing India the fastest growing smartphone marke...

Apple’s Entry into Car Industry Will Help iPhone

14Jan By AdityaNo Comments

News

Apple’s Entry into Car Industry Will Help iPhone

Apple is secretive about Project Titan, its alleged future mobility program. However, considering the recent hiring spree of automotive experts, patent publications related to connected car technology, and the $10 billion spent on research and development, Apple is expected to offer connected, autonomous and shared mobility solution. Frost & Sullivan's Scenario Analysis of Apple's Strategy to Enter the Car Industry discusses the possible products and/or services that Apple could offer through "Project Titan." The analysis also explores the rationale behind Apple's interest in the automotive industry and details the most probable service and/or product that is Apple is expected to release by 2021. "Apple has a long way ahead before its autonomous vehicle becomes a reality. With au...

First Time Apple Cuts Tim Cook’s Payment

7Jan By NitishNo Comments

News

First Time Apple Cuts Tim Cook’s Payment

iPhone maker Apple has cut its CEO Tim Cook's salary by a whopping 15 percent for 2016 as annual sales declined for the year, missing targets that also led to the tech giant's first annual revenue decline in 15 years. The company gave the 56-year-old USD 8.75 million in total compensation last year, down from the USD 10.28 million he received in 2015, according to a Securities and Exchange (SEC) filing released yesterday. Cook's salary rose to USD 3 million from USD 2 million last year, a 50 percent increase, his cash bonus took a hit. Apple awarded Cook and other executives 89.5 percent of their target, instead of the maximum amount like in recent years. Hence, Cook's cash bonus fell to USD 5.4 million in 2016, down from USD 8 million the year before and declining for the firs...

31Dec By Press Trust of IndiaNo Comments

INDIA, News

Apple to Make iPhones in Bengaluru

Apple is all set to start manufacturing its iconic iPhones in India at Bengaluru, as part of efforts to cash in on the world's second largest smartphone market in a big way. Local manufacturing is expected to help Apple price its phones more competitively in India as it currently attracts 12.5 percent additional duty on imports. The phones would be manufactured by Wistron, a Taiwanese OEM maker for Apple, according to top government sources. "Wistron has plans for setting up iPhone manufacturing plant for domestic market in Peenya," top government sources familiar with the developments told Pixr8. Another senior government official said Bengaluru has the talent required for quality high technology products and that was the reason for selecting the city. The official added that Foxcon...

Foxconn $5 Billion Investment is Not Going Anywhere, Says Devendra Fadnavis

30Oct By Press Trust of IndiaNo Comments

INDIA

Foxconn $5 Billion Investment is Not Going Anywhere, Says Devendra Fadnavis

As per the news that Taiwan-based tech giant Foxconn may shy away from its proposed USD 5 billion investment in Maharashtra, Chief Minister Devendra Fadnavis today said the company is "not going anywhere" and hoped issues raised by it will be resolved soon. "Foxconn had issues pertaining to the Central government. The company wants its manufacturing costs here to match those in China," he said while speaking to reporters at his residence 'Varsha' here. The world's largest electronics contract manufacturer plans to set up manufacturing units in India, which boasts of the world's second-largest base of mobile phone users, to mitigate rising labour costs in China and also lower manufacturing cost of iPhones. Fadnavis said the company, which counts Apple, Xiaomi, Blackberry and Amazon...

Apple To Boost China Investments as Demand Slows

19Aug By reutersNo Comments

BUSINESS, CHINA

Apple To Boost China Investments as Demand Slows

Apple Inc will boost its investment in China, one of its largest but increasingly challenging markets, and build its first Asia-Pacific research and development center in the country, Chief Executive Tim Cook said on Tuesday. Cook made the pledge during a trip to China, at least his second in four months, as demand for Apple's iPhones has plummeted in the world's second-largest economy and the government remains wary about foreign technology. Apple's new research and development center will be built by the end of the year, Cook told Vice Premier Zhang Gaoli, one of China's most senior officials, according to CCTV, the official Chinese state broadcaster. The center will unite Apple's engineering and operations teams in China and is also intended to deepen the company's ties to part...

Apple Started Bounty Bug Program For Developers

7Aug By AnkitaNo Comments

News

Apple Started Bounty Bug Program For Developers

Apple Inc said it plans to offer rewards of up to $200,000 (£152,433) to researchers who find critical security bugs in its products, joining dozens of firms that already offer payments for help uncovering flaws in their products. Such rewards are already offered by dozens of firms, including Facebook Inc, Google, Microsoft Corp, Tesla Motors Inc and Yahoo Inc. The program will initially be limited to about two dozen researchers who Apple will invite to help identify hard-to-uncover security bugs in five specific categories. Those researchers have been chosen from the group of experts who have previously helped Apple identify bugs, but have not been compensated for that work, the company said. The most lucrative category, which offers rewards of up to $200,000, is for bugs in Apple's ...

28Jul By PriyankaNo Comments

INDIA

Apple Given Relaxation in Sourcing Norms For Three Years: Indian Govt

Apple has only been given a "breather" for the first three years by providing relaxation to it in local sourcing norms and the compulsory 30 per cent local sourcing clause has not been completely dispensed with, government today informed Rajya Sabha. "We have just given a relaxation that in the first three years, if local sourcing for their retail outlet is becoming difficult, the first three years will be exempted. But the average that we calculate for the local sourcing requirement will be applicable after that for five years. "So, it is not that as if we have completely dispensed with that clause. We have only said that give a breather for the first three years. We may do it afterwards," Commerce Minister Nirmala Sitharaman said. Replying to members question, she said...

Apple Will Have to Re-submit Its Application For Opening Retail Stores in India

22Jun By Press Trust of IndiaNo Comments

News

Apple Will Have to Re-submit Its Application For Opening Retail Stores in India

US technology giant Apple Inc will have to re-submit its application for opening single brand retail trade stores in the country and issues concerning "cutting edge" technology will be settled by the concerned administrative ministry, an official said. In light of the changes in the FDI policy announced yesterday, the official said, Apple will have to submit fresh application for opening single brand retail stores to seek exemption from local sourcing norms. Under the modified single brand FDI policy, companies using cutting edge technology will be exempted from meeting the local sourcing norm for first three years. Thereafter, in the next five years the company will have to meet the domestic sourcing norm at an annualised average rate of 30 per cent. "After a proposal comes to th...