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Tanuja K May 10th, 2023 12:49 PM 2 COMMENTS

Foxconn Acquires Land in India to Diversify Production Away from China

Foxconn, the world's largest contract electronics manufacturer and principal assembler of Apple iPhones has announced its acquisition of a 1.2 million-square-metre tract of land in Devanahalli, near the airport for Indian tech hub Bengaluru. The move is part of Foxconn's efforts to diversify its production away from China, where much of its manufacturing is based. The acquisition was made through its subsidiary, Foxconn Hon Hai Technology India Mega Development, which... Read More

Tanuja K May 5th, 2023 5:36 PM 0 COMMENTS

Foxconn Reports Revenue Drop in April Due to Weak Consumer Electronics Market

Foxconn, the world's biggest electronics contract manufacturer and a major assembler of iPhones, reported an 11.77% YoY drop in revenue in April due to the sluggish performance of smart consumer electronics. According to a Reuters report, the revenue for April was T$429.2 billion ($14 billion), which is consistent with the company's own predictions. Revenue from smart consumer electronics products, which include smartphones and are Foxconn's primary business driver, decreased last... Read More

Aparna R March 9th, 2023 10:12 PM 0 COMMENTS

Apple Foxconn Plant in Karnataka to Catalyse Electronics Manufacturing and Tech Ecosystem: MoS IT

The recently announced 300-acre Apple-Foxconn plant in Karnataka is set to catalyse the electronics manufacturing and Deep Tech ecosystem in the state and reflects the progress, Union Minister Rajeev Chandrasekhar said, speaking at the Deep Tech Summit - Transformation Through Indigenous Innovation, organised by MeitY - NASSCOM Centre of Excellence (CoE) - IoT (Internet of Things) and AI (Artificial Intelligence) in Bengaluru today. Also Read: Apple Launches iPhone 14 and iPhone... Read More

Tania Abraham November 11th, 2022 8:12 PM 0 COMMENTS

iPhone Production in India to Go Up

Apple is aggressively shifting its supply chain to other markets to reduce its dependence on China. The US tech giant has multiple supply chain partners that manufacture and assemble its latest iPhones, iPads, Macs, and other Apple products. Strict measures to contain the spread of COVID-19 in China have forced Apple suppliers to move to other countries to assemble iPhones and other Apple products. Foxconn has multiple factories in India.... Read More

Ria Lakshman December 22nd, 2021 8:30 AM 0 COMMENTS

Apple Makes Major Move With iPhone 13 in India

Tech giant Apple has started the production of the iPhone 13 in India at the Foxconn plant near Chennai. The production is currently on a trial basis, reports say. According to a report by Economic Times, Apple targets to manufacturer all its flagship models in India. The article, citing two industry executives as sources, also said that the company is not only manufacturing phones in India for sale within the... Read More

Chakri K October 21st, 2021 8:05 PM 0 COMMENTS

Foxconn to Build EV Factories In India By 2024

Foxconn is in plans to build a new electric vehicle plant in global regions such as India, Europe, and North or South America by 2024. With this, the major iPhone assembler will diversify its operations into the highly growing EV market. As per a report by NikkeiAsia, citing the information from the chairman of the largest contract electronics maker in the world, electric vehicles and the emerging industry is a... Read More

Tanay Singh Thakur February 18th, 2021 3:06 PM 0 COMMENTS

Apple Might Start Producing iPads in India this Year: Report

World’s biggest tech company, Apple, might start manufacturing iPads in India this year. The Cupertino tech giant is shifting its production facilities from China to India and Vietnam for minimising the impact of the USA-China trade war and the coronavirus. According to a report from Reuters, Apple is looking to participate in the new Production Linked Incentive (PLI) scheme of the government for boosting India’s exports of computer products. Thus,... Read More

Sneha Bhardwaj April 16th, 2019 10:23 AM 0 COMMENTS

Foxconn to Begin Mass Production of iPhones in India This Year

In a clear signal that India is Apple's next growth market, Taiwanese smartphone manufacturer Foxconn's Chairman Terry Gou said, on Monday, the company would begin mass production of iPhones in India this year. Addressing an event, Gou said the move "will get Foxconn more deeply involved in the development of the country's smartphone industry", reports Patently Apple. "In the future, we will play an important role in India's smartphone industry,"... Read More

Zara Ali August 16th, 2016 6:00 AM 2 COMMENTS

HMD Global hires Ex-Rovio CEO to bring back Nokia’s lost glory

HMD Global - the company which is working on re-launching the Nokia brand in the Android market. The Finnish company has reportedly hired Pekka Rantala, the former CEO of Rovi0 (makers of Angry Birds) as its Chief Marketing Officer. Given the success of Angry Birds (before Pokemon Go came and ruffled the gaming scene), Rantala seems like an excellent pick. The task of re-launching Nokia as an Android smartphone brand... Read More

Zara Ali May 18th, 2016 4:43 PM 12 COMMENTS

Nokia Returns: strikes a deal with HMD global for making Android devices

Nokia is trying to reclaim its lost glory, yet again. After selling off its Lumia division to Microsoft. Today, the Finnish brand announced a new partnership with HMD global, which now licenses Nokia's intellectual property. HMD global will be working on producing a new range of smartphones and tablets with Nokia. For heads up, HMD global is headed by Arto Nummela, who used to work for Nokia, but left because... Read More

Krishna Mukherjee January 27th, 2016 1:12 PM 2 COMMENTS

Foxconn in pact with Spirent for VoLTE voice, video-enabled mobile phones

Foxconn, the largest OEM device manufacturer of mobile handsets, has inked an agreement with Spirent Communications, a VoIP developer, in order to deliver mobile phones embedded with VoLTE voice and video calling capabilities. Foxconn will use Spirent's BEEHD VoLTE Client Framework to design and develop Android-based mobile handsets that allow users to use VoLTE voice and video calling services. With BEEHD, the handsets were optimized to provide better communication capabilities.... Read More

Asif Iqbal December 9th, 2015 12:55 PM 1 COMMENTS

OnePlus to narrowly miss its target to sell a million smartphones in India

OnePlus, the newcomer Chinese brand in the smartphone segment, became quite popular with tech enthusiasts within a couple of years. Due to the high-end specifications of its smartphones that are offered at half the price of comparable products from well-established brands, OnePlus One and the OnePlus 2 became hugely popular in India. The company launched in the country late last year and targeted to sell a million devices in 2015.... Read More