Apple forced to halt MacBook, iPad imports in India
Following the Indian government's decision to require licences for firms importing key technology devices, Apple, HP, Dell, Samsung, and more have had to temporarily cease imports.
Following the Indian government's decision to require licences for firms importing key technology devices, Apple, HP, Dell, Samsung, and more have had to temporarily cease imports.
Apple's iPad and Mac are among the devices that the Indian government says will now require a licence to import, at least delaying sales of them and potentially limiting their numbers.
TD Cowen has increased its price target for Apple to $220, with iPhone shipments to emerging markets a "bright spot" in the upcoming Q3 2023 financial results.
Apple's largest iPhone supplier Foxconn is intending to build two new plants in Karnataka, southern India, at a cost of half a billion dollars.
Foxconn rival Luxshare is believed to be the sole assembly partner for the Apple Vision Pro headset, and a new report says its flexibility in prototyping earned it the order.
A couple in India's West Bengal reportedly sold their 8-month-old baby in order to film Reels for Instagram, and allegedly also attempted to sell their 7-year-old daughter.
Even Foxconn has to buy Apple hardware sometimes and reportedly it's spent $33 million on equipment just for its expansion plans in India.
Apple's drive to increase its iPhone presence in India will be financially powerful, leading Morgan Stanley to raise their stock price target for the company.
Online gaming has become a major industry in India, but one decision by the government may see taxes bring it to its knees.
Apple iPhone manufacturer Wistron is pulling out of its Karnataka, India, plant, and is now reported to be selling the whole concern to the Tata Group, an Indian conglomerate.
Apple iPhone manufacturer Foxconn has ended its planned joint venture with India's Vedanta company, an almost $20 billion project to boost chip production in the country.
Apple has removed a bunch of exploitative lending apps in India that used unethical strategies to collect, such as threatening to send deepfake nudes to borrowers' contacts.
Four years after it was launched in the US, Apple Card may finally be expanding internationally, starting with India.
While it's not completely clear what the specific topics of discussion will be, Apple CEO Tim Cook is attending a White House dinner on Thursday night with visiting India Prime Minister Narendra Modi, and then the pair will meet again on Friday.
The Competition Commission of India (CCI) is reportedly nearing the conclusion of its antitrust investigation into App Store, and is expected to conclude that Apple must open it up to rival alternatives.
Apple's iPhone production of iPhones could increase in India to 18% by 2025, analysts believe, as Apple continues its bid to diversify from a China-centric supply chain.
Indian authorities say the country is now exporting double its previous annual number of smartphones, entirely because of the iPhone.
Apple and Foxconn successfully lobbied India's Karnataka region to extend legal working hours in factories, but labor unions are starting to push back.
Apple never shares sales figures for individual retail stores, but two industry executives revealed that the new Apple stores in India have achieved record-breaking monthly sales — exceeding other retailers in the country.
The Indian government has announced that it will release land to Foxconn in the southern India state of Karnataka, which will create 50,000 jobs when the planned iPhone plant opens.
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