News

PhonePe becomes top-rated app on Apple app store in India PhonePe on Tuesday announced that it has hit 6.4 million ratings on the Apple app store in India with an average rating of 4.7 stars.  This makes PhonePe the first Indian company to surpass the likes of YouTube, Instagram, and WhatsApp to become the top-rated app in volume of ratings on the iOS app store in the country. This phenomenal achievement comes on the back of superior user interface and experience (UX and UI), the highest transaction success rates, speed of transactions, and ...
PhonePe becomes top-rated app on Apple app store in India
PhonePe becomes top-rated app on Apple app store in India
Source: IANS
2024-11-19 05:43:43 pm
Exclusive-Foxconn tells India recruiters: Nix marital status in iPhone job ads Apple supplier Foxconn has ordered the hiring agents that help recruit iPhone assembly workers in India to remove age, gender and marital criteria as well as the manufacturer's name in job advertisements, according to three people familiar with the matter and almost a dozen ads reviewed by Reuters. The moves follow a Reuters investigation published June 25, which found that Foxconn excluded married women from jobs at its main India iPhone assembly plant, though it relaxed the practice ...
Exclusive-Foxconn tells India recruiters: Nix marital status in iPhone job ads
Exclusive-Foxconn tells India recruiters: Nix marital status in iPhone job ads
Source: Reuters
2024-11-18 10:21:37 am
Tata seals deal with Pegatron for iPhone plant in India`s Tamil Nadu, sources say India's Tata Electronics has agreed to buy a majority stake in Taiwanese contract manufacturer Pegatron's only iPhone plant in India, forming a new joint venture that strengthens Tata's position as an Apple supplier, two sources told Reuters. Under the deal announced internally last week, Tata will hold 60% and run daily operations under the joint venture, while Pegatron will hold the rest and provide technical support, said the two sources, who declined to be named as the deta...
Tata seals deal with Pegatron for iPhone plant in India`s Tamil Nadu, sources say
Tata seals deal with Pegatron for iPhone plant in India`s Tamil Nadu, sources say
Source: Reuters
2024-11-18 09:27:05 am
Tata seals deal with Pegatron for iPhone plant in India`s Tamil Nadu, sources say India's Tata Electronics has agreed to buy a majority stake in Taiwanese contract manufacturer Pegatron's only iPhone plant in India, forming a new joint venture that strengthens Tata's position as an Apple supplier, two sources told Reuters. Under the deal announced internally last week, Tata will hold 60% and run daily operations under the joint venture, while Pegatron will hold the rest and provide technical support, said the two sources, who declined to be named as the deta...
Tata seals deal with Pegatron for iPhone plant in India`s Tamil Nadu, sources say
Tata seals deal with Pegatron for iPhone plant in India`s Tamil Nadu, sources say
Source: Reuters
2024-11-17 01:54:22 pm
Apple iPhone exports from India hit record Rs 60,000 crore in April-Oct In a new record, Apple has reached almost Rs 60,000 crore in iPhone exports from India in the first seven months during the current fiscal (FY25).  In the April-October period, the Cupertino-based tech giant exported iPhones worth almost Rs 60,000 crore (over $7 billion), at almost Rs 8,450 crore (nearly $1 billion) worth export each month in the ongoing financial year, according to industry data. This time, the company is exporting newly-launched iPhone 16 models from India, apart...
Apple iPhone exports from India hit record Rs 60,000 crore in April-Oct
Apple iPhone exports from India hit record Rs 60,000 crore in April-Oct
Source: IANS
2024-11-14 11:06:08 am
India`s smartphone market to exit 2024 with single-digit annual growth India's smartphone market is expected to exit 2024 with a low single-digit annual growth, as Apple posted its largest-ever quarterly shipment in India with 4 million units in the third quarter (Q3), according to a new report.  In the July-September period (Q3), smartphone shipments in India reached 46 million units, reflecting 5.6 per cent growth YoY (year-over-year). Upasana Joshi, Senior Research Manager, Devices Research, IDC Asia Pacific, said that growth in the biggest qua...
India`s smartphone market to exit 2024 with single-digit annual growth
India`s smartphone market to exit 2024 with single-digit annual growth
Source: IANS
2024-11-14 10:46:19 am
Big Tech companies gear up for major policy changes under Donald Trump US President-elect Donald Trump has strong relationships with Big Tech CEOs like Elon Musk and has talked about positive relationships with Amazon Founder Jeff Bezos and Meta Co-founder Mark Zuckerberg.  Other support from Silicon Valley comes from the disdain for Lina Khan, Biden’s strong anti-trust FTC chair who has been very hard on Big Tech, according to a report by Counterpoint Research. “With a potentially more business-friendly FTC chair during the Trump administ...
Big Tech companies gear up for major policy changes under Donald Trump
Big Tech companies gear up for major policy changes under Donald Trump
Source: IANS
2024-11-11 09:30:46 am
India`s smartphone market estimated to grow 7-8 pc this year India’s smartphone market is estimated to grow 7-8 per cent this year, driven by strong demand for premium, 5G and AI smartphones, according to a new report.  The mobile handset market in India is expected to maintain steady growth. “As brands focus on bridging technology gaps and introducing affordable 5G devices, the competition will likely intensify. The new wave of AI-capable devices will continue to fuel consumer preferences in the coming quarters,” said Pank...
India`s smartphone market estimated to grow 7-8 pc this year
India`s smartphone market estimated to grow 7-8 pc this year
Source: IANS
2024-11-09 12:18:48 pm
Apple plans 1st-ever research subsidiary in India amid diversification push Firming up its India presence as Apple diversifies its vast supply chain and research outside of China, the iPhone maker has set up a new research and development subsidiary in the country.  The research and development facility would reportedly focus on research, design, testing and providing support to third-party manufacturers. The move to establish a R&D facility in India is significant as this will help the tech giant connect better with the local manufacturing ecosyst...
Apple plans 1st-ever research subsidiary in India amid diversification push
Apple plans 1st-ever research subsidiary in India amid diversification push
Source: IANS
2024-11-09 11:43:09 am
Apple iPhone 15 becomes best-selling smartphone globally in Q3 2024 Apple iPhone 15 has become the best-selling smartphone globally in the third quarter (Q3) this year, followed closely by iPhone 15 Pro Max and iPhone 15 Pro, according to a report on Thursday.  Samsung maintained the biggest presence in the global top-10 best-selling smartphones list with five spots, followed by Apple with four and Xiaomi with one, according to Counterpoint Research’s Global Handset Model Sales Tracker. While Apple’s share of the top-10 list has decline...
Apple iPhone 15 becomes best-selling smartphone globally in Q3 2024
Apple iPhone 15 becomes best-selling smartphone globally in Q3 2024
Source: IANS
2024-11-07 03:49:12 pm
Apple releases iOS 18.2 public beta with AI emoji app, ChatGPT-Siri integration Apple has released iOS and iPadOS 18.2 software updates into public beta that include new features like an AI emoji generator app, ChatGPT integration with Siri and visual search using iPhone 16 cameras.  The new Apple Intelligence features, that were earlier available to developers, are now in public beta, like Genmoji and the Image Playground feature that generates pictures. ChatGPT access is free and doesn’t require an account to use it. Now, public beta users can ask Siri...
Apple releases iOS 18.2 public beta with AI emoji app, ChatGPT-Siri integration
Apple releases iOS 18.2 public beta with AI emoji app, ChatGPT-Siri integration
Source: IANS
2024-11-07 10:14:27 am
Nvidia surpasses Apple to become world’s largest company in AI era Graphics chip giant Nvidia has become the world’s largest company by market capitalisation, surpassing Apple, in the artificial intelligence (AI) era.  Nvidia was valued at $3.43 trillion at the close of market late on Tuesday, crossing Apple’s $3.38 trillion market value. Jensen Huang-led Nvidia for the first time pushed past Apple in June, though only for a day. The company’s stock rose 2.9 per cent to $139.93, resulting in a market capitalisation of $3.43 tr...
Nvidia surpasses Apple to become world’s largest company in AI era
Nvidia surpasses Apple to become world’s largest company in AI era
Source: IANS
2024-11-06 12:33:01 pm
$1.5 billion Apple-Globalstar deal to transform direct to device satellite game The $1.5 billion Apple-Globalstar deal packs a competitive punch for virtually all corners of the connectivity market ecosystem, from carriers to original equipment manufacturers (OEMs), according to a report on Wednesday.  Apple plans to invest $1.1 billion in satellite communications company Globalstar, alongside a further $400 million for a 20 per cent equity stake in the business. According to Emma Mohr-McClune, Chief Analyst, Technology at GlobalData, this is arguably the larg...
$1.5 billion Apple-Globalstar deal to transform direct to device satellite game
$1.5 billion Apple-Globalstar deal to transform direct to device satellite game
Source: IANS
2024-11-06 12:23:27 pm
Watch US election results live from lock screen on Apple iPhone, iPad As Americans began to cast their ballots to elect their next president, Apple News will bring live updates to iPhone and iPad users’ lock screens.  Starting late on Tuesday (US time), users will be able to have a Live Activity from Apple News that tracks the results of the election, reports Apple Insider. “The Lock Screen will have a large, interactive widget that will launch to the latest election coverage, and the Dynamic Island will show the electoral count for each ...
Watch US election results live from lock screen on Apple iPhone, iPad
Watch US election results live from lock screen on Apple iPhone, iPad
Source: IANS
2024-11-06 12:01:47 pm
India`s diversified export basket driving overall growth India’s export basket has diversified over the last five years into high-value electronics, engineering goods and petroleum products, with the total value of the country’s exports surging by close to 40 per cent -- from $314 billion in 2019-20 to $437 billion in the financial year ended on March 31, 2024.  “Both the qualitative change in favour of high value export goods and the robust growth reflect the strong fundamentals of the economy,” a senior official sa...
India`s diversified export basket driving overall growth
India`s diversified export basket driving overall growth
Source: IANS
2024-11-04 01:58:39 pm
Apple leads global tablet shipments in Q3 with 31.7 pc market share Apple shipped 12.6 million tablets in the third quarter (Q3), with a modest growth of 1.4 per cent year-over-year in the quarter and garnering 31.7 per cent market share, as global tablet shipments grew 20.4 per cent to reach 39.6 million units.  Back-to-school season helped boost sales for the newly launched iPad Air model, according to an IDC report. At second place, Samsung shipped 7.1 million units with 17.9 per cent market share. In Q3, their low-end Galaxy A9 models drove the...
Apple leads global tablet shipments in Q3 with 31.7 pc market share
Apple leads global tablet shipments in Q3 with 31.7 pc market share
Source: IANS
2024-11-04 08:57:01 am
Over half of smartphones projected to be GenAI-ready by 2028 globally More than half of smartphones shipped in 2028 are projected to be GenAI capable, as broader use cases continue to emerge and availability expands across price segments, according to a new report.  The global smartphone market has reached maturity, and shipments are expected to remain stable in the coming years. Growth will likely be driven by emerging markets like India, MEA and Southeast Asia. “We expect smartphone revenues to continue to grow through 2028 as the premiumisat...
Over half of smartphones projected to be GenAI-ready by 2028 globally
Over half of smartphones projected to be GenAI-ready by 2028 globally
Source: IANS
2024-11-03 01:12:08 pm
New Apple M4 chips set to help professionals across the spectrum in AI era The new Apple chipsets are set to help a vast array of professionals — entrepreneurs, students, creators, data scientists, 3D artists, composers and developers — with far more power-efficient performance and advanced capabilities in the AI era.  All three chips — M4, M4 Pro and M4 Max — are built using industry-leading, second-generation 3-nanometer technology, which improves performance and power efficiency. According to Apple, the CPUs across the M4 family...
New Apple M4 chips set to help professionals across the spectrum in AI era
New Apple M4 chips set to help professionals across the spectrum in AI era
Source: IANS
2024-11-03 09:30:55 am
Tim Cook, Sundar Pichai extend Diwali greetings Global tech leaders Tim Cook and Sundar Pichai on Friday extended their wishes for Diwali, the festival of lights.  Apple CEO shared a post along with a picture clicked by Delhi-based photographer Rohit Vohra. “Diwali is a time of light, unity, and hope. Wishing everyone celebrating a joyous and peaceful Festival of Lights!,” Cook wrote on X. Cook shared a photo by Vohra, clicked on the new iPhone 16 Pro Max, which shows earthen lamps placed on a bed of rose petals. ...
Tim Cook, Sundar Pichai extend Diwali greetings
Tim Cook, Sundar Pichai extend Diwali greetings
Source: IANS
2024-11-01 12:48:26 pm
Global iPhone sales up 6 pc at $46.2 bn, Apple services revenue at all-time high Global iPhone revenues set a record of $46.2 billion in the September quarter, up 6 per cent from a year-ago period with growth in every geographic segment, according to Apple.  “With the introduction of Apple Intelligence, we're beginning a new era for iPhone. iPhone 16 powered by 18 is equipped with an incredible new 48-megapixel Fusion camera, fantastic photo experiences, and the addition of the action button and camera control,” said the company CEO Tim Cook while ...
Global iPhone sales up 6 pc at $46.2 bn, Apple services revenue at all-time high
Global iPhone sales up 6 pc at $46.2 bn, Apple services revenue at all-time high
Source: IANS
2024-11-01 12:45:07 pm
Apple sets all-time revenue record in India, to open 4 new retail stores: Tim Cook Apple, which clocked an all-time revenue record in India in the September quarter, is set to open four more own-branded retail stores in India, the tech giant’s CEO Tim Cook has said.  Apple reported revenue of $94.9 billion in the July-September period, a September quarter record and up 6 per cent from a year ago. iPhone grew in every geographic segment, marking a new September quarter revenue record for the category, and services set an all-time revenue record, up 12 per ce...
Apple sets all-time revenue record in India, to open 4 new retail stores: Tim Cook
Apple sets all-time revenue record in India, to open 4 new retail stores: Tim Cook
Source: IANS
2024-11-01 10:15:38 am
US smartphone market`s sell-in down 4 pc in Q3 The US smartphone market’s sell-in decreased 4 per cent (on-year) in Q3, driven mainly by Apple and Samsung weakness, a report showed on Thursday.  Apple’s shipments were down primarily due to lower demand resulting from continued low upgrade rates as reported by the three major US carriers in Q3 2024, according to Counterpoint Research’s latest US Market Monitor Quarterly Smartphone Tracker. Research Director Jeff Fieldhack said that Apple sell-in was muted in Q3...
US smartphone market`s sell-in down 4 pc in Q3
US smartphone market`s sell-in down 4 pc in Q3
Source: IANS
2024-10-31 04:38:21 pm
Apple launches new MacBook Pro with M4 family of chips Apple on Wednesday unveiled the new MacBook Pro powered by the M4 family of chips — M4, M4 Pro, and M4 Max — delivering much faster performance and enhanced capabilities.  The new MacBook Pro is built for Apple Intelligence, the personal intelligence system that transforms how users work, communicate, and express themselves, while protecting their privacy. “Now available in space black and silver finishes, the 14-inch MacBook Pro includes the blazing-fast performa...
Apple launches new MacBook Pro with M4 family of chips
Apple launches new MacBook Pro with M4 family of chips
Source: IANS
2024-10-31 09:30:03 am
India`s smartphone shipments up 3 pc in July-Sep, Samsung leads by value India’s smartphone volume grew by 3 per cent (year-on-year) in the third quarter (Q3 2024) this year, as Samsung led the market in terms of value with a 23 per cent share, closely followed by Apple with a 22 per cent share, according to a report on Wednesday.  The value of Indian smartphone market surged by an impressive 12 per cent (on-year) to reach an all-time record for a single quarter, according to the latest research from Counterpoint’s Monthly India Smartphone Trac...
India`s smartphone shipments up 3 pc in July-Sep, Samsung leads by value
India`s smartphone shipments up 3 pc in July-Sep, Samsung leads by value
Source: IANS
2024-10-30 10:27:37 am
Apple introduces all-new Mac mini that delivers gigantic performance Apple on Tuesday introduced the all-new Mac mini powered by the M4 and new M4 Pro chips, and redesigned around Apple silicon to pack an incredible amount of performance into an even smaller form of just 5 by 5 inches.  With M4, Mac mini delivers up to 1.8x faster CPU performance and 2.2x faster GPU performance over the M1 model. With M4 Pro, it takes the advanced technologies in M4 and scales them up to tackle even more demanding workloads. According to Apple, for more convenien...
Apple introduces all-new Mac mini that delivers gigantic performance
Apple introduces all-new Mac mini that delivers gigantic performance
Source: IANS
2024-10-30 09:31:35 am
Billionaire Mukesh Ambani`s Reliance plays catch-up to ride India quick commerce wave Asia's richest man Mukesh Ambani is mimicking the strategy of popular Indian grocery startups to drastically change how his retail empire operates: from home deliveries that can take a day or two, his business is now targeting a 10-30 minute service. Quick commerce has reshaped how Indians shop as Zomato, SoftBank-backed Swiggy and Zepto now promise deliveries from their neighbourhood warehouses within 10 minutes, even beating Amazon. These multi-billion-dollar quick commerce businesse...
Billionaire Mukesh Ambani`s Reliance plays catch-up to ride India quick commerce wave
Billionaire Mukesh Ambani`s Reliance plays catch-up to ride India quick commerce wave
Source: Reuters
2024-10-30 09:15:29 am
Asia shares stumble on China headwinds; gold and bitcoin buoyant Asia shares eased on Wednesday on the back of weakness in China, as investors brace for a tightly contested U.S. election that could have huge ramifications for the world's second-largest economy, even as Beijing tries to shore up growth. Gold rose to an all-time high as jitters over the close U.S. presidential race supported the yellow metal, while bitcoin also flirted with a record peak as markets weigh the prospect of a victory by Republican candidate Donald Trump. MSCI's bro...
Asia shares stumble on China headwinds; gold and bitcoin buoyant
Asia shares stumble on China headwinds; gold and bitcoin buoyant
Source: Reuters
2024-10-30 08:47:38 am
Apple continues to drive India`s mobile manufacturing growth story As India continues to break all previous records on local mobile manufacturing, tech giant Apple is on course to surpass the FY24 figures of exports from India, reaching over Rs 50,000 crore (more than $6 billion) in the first six months this fiscal (FY25), according to latest industry data.  The iPhone exports from India surged to cross $10 billion in 2023-24 from $6.27 billion in 2022-23. Overall, the iPhone maker’s India operations reached $23.5 billion in value in the last f...
Apple continues to drive India`s mobile manufacturing growth story
Apple continues to drive India`s mobile manufacturing growth story
Source: IANS
2024-10-29 03:53:55 pm
Apple Intelligence to support English (India) language with April software update Apple Intelligence is quickly adding support for more languages and in April next year, English (India) will be supported along with several others, the company has announced.  The tech giant has announced the first set of Apple Intelligence features for iPhone, iPad, and Mac users is now available through a free software update with the release of iOS 18.1, iPadOS 18.1, and macOS Sequoia 15.1. Apple Intelligence is the personal intelligence system that harnesses the power of Apple...
Apple Intelligence to support English (India) language with April software update
Apple Intelligence to support English (India) language with April software update
Source: IANS
2024-10-29 10:08:40 am
Apple introduces new iMac with M4 chip, powerful features Apple on Monday announced the new iMac, featuring the powerful M4 chip and Apple Intelligence, along with a nano-texture display option, a 12MP Center Stage camera, and Thunderbolt 4 connectivity — in a strikingly thin design.  According to the tech giant, with M4, iMac is up to 1.7x faster for daily productivity, and up to 2.1x faster for demanding workflows like photo editing and gaming, compared to iMac with M1. The new iMac is available in an array of beautiful new colour...
Apple introduces new iMac with M4 chip, powerful features
Apple introduces new iMac with M4 chip, powerful features
Source: IANS
2024-10-29 09:56:59 am
Asian stocks mixed, dollar drifts before megacap earnings, jobs data Asian stocks were mixed in volatile trading on Tuesday as investors girded for three days of tech megacap earnings reports on Wall Street, kicking off with Google parent Alphabet later in the day. The dollar drifted not far from a three-month high with one of the Federal Reserve's preferred employment gauges - the JOLTS job openings report - due on Tuesday, ahead of highly anticipated monthly non-farm payrolls data on Friday. U.S. Treasury yields eased from three-month peaks. The ye...
Asian stocks mixed, dollar drifts before megacap earnings, jobs data
Asian stocks mixed, dollar drifts before megacap earnings, jobs data
Source: Reuters
2024-10-29 09:15:48 am
Dollar droops with US yields, stocks mixed amid rates, election risks The dollar was on the defensive on Friday following its biggest drop in a month against major peers, as it tracked a retreat in U.S. yields from nearly three-month highs after depressed Treasury prices drew buyers. Asian stocks were mixed, with some markets tracking Wall Street gains from overnight, while Japan's Nikkei struggled after the yen rebounded strongly from a three-week trough to the dollar. Hong Kong's Hang Seng rose while mainland blue chips were flat. For the wee...
Dollar droops with US yields, stocks mixed amid rates, election risks
Dollar droops with US yields, stocks mixed amid rates, election risks
Source: Reuters
2024-10-25 09:27:49 am
Rural demand, festive push drive India smartphone market growth in July-Sep  Driven by rural demand ahead of the festive season, the Indian smartphone market grew 9 per cent in the July-September period, shipping 47.1 million units, according to a new report.  Vendors cleared inventory through early monsoon sales across online and offline channels to gear up for the festive season, according to market research firm Canalys. According to senior analyst Sanyam Chaurasia, top brands in the market are expanding their portfolio in the mid-high range, in an...
Rural demand, festive push drive India smartphone market growth in July-Sep
Rural demand, festive push drive India smartphone market growth in July-Sep
Source: IANS
2024-10-20 09:14:38 am
Shipment of GenAI smartphones to surpass 730 million units by 2028 The shipment of generative AI (GenAI) smartphones is forecast to surpass 730 million units by 2028, according to a new report.  The shipment share of GenAI smartphones is forecast to reach 19 per cent this year and by 2028, this is expected to reach 54 per cent, according to Counterpoint Research. This growth would be more than 3 times the projected levels in 2024. This year, Samsung and Apple are set to capture over 75 per cent of the global GenAI smartphone market, mainly driven ...
Shipment of GenAI smartphones to surpass 730 million units by 2028
Shipment of GenAI smartphones to surpass 730 million units by 2028
Source: IANS
2024-10-20 08:46:42 am
New Apple iPad mini built for Apple Intelligence launched Tech giant Apple on Tuesday introduced new iPad mini, driven by the A17 Pro chip and Apple Intelligence, along with striking features.  Housing an ultraportable design, the new iPad mini is available in four finishes, including a new blue and purple, and features 8.3-inch Liquid Retina display. According to the company, A17 Pro delivers a huge performance boost for even the most demanding tasks, with a faster CPU and GPU, a 2x faster Neural Engine than the previous-generation iPad ...
New Apple iPad mini built for Apple Intelligence launched
New Apple iPad mini built for Apple Intelligence launched
Source: IANS
2024-10-16 09:44:58 am
Global smartphone market grows 2 pc, iPhone 16 makes Apple biggest brand in September Global smartphone market grew 2 per cent in the July-September period – the first year-on-year growth in a third quarter since Q3 2018 -- as Apple became the biggest brand in September helped by early launch of iPhone 16, according to a new report on Tuesday.  This was the global smartphone market’s fourth consecutive quarter of growth, a testament to the ongoing market recovery, according to Counterpoint Research’s Smartphone 360 Tracker. Apple’s sales grew...
Global smartphone market grows 2 pc, iPhone 16 makes Apple biggest brand in September
Global smartphone market grows 2 pc, iPhone 16 makes Apple biggest brand in September
Source: IANS
2024-10-16 09:34:27 am
Smartphone sales grow 11 pc in India festive season`s 1st wave, Samsung leads Smartphone sales grew 11 per cent (year-over-year) in the first wave of the festive season sales in India between September 26-October 6, a report said on Tuesday.  According to latest estimates from TechInsights, South Korean electronics major Samsung led the smartphone sales volume with a 20 per cent market share. This was led by top-selling models such as Galaxy M35, Galaxy S23, Galaxy A14 and Galaxy S23 FE, etc., according to the report. The first wave of the festive season ...
Smartphone sales grow 11 pc in India festive season`s 1st wave, Samsung leads
Smartphone sales grow 11 pc in India festive season`s 1st wave, Samsung leads
Source: IANS
2024-10-09 09:57:06 am
Global tablet market up 15 pc in Q2, growth to continue this year Global tablet shipments grew 15 per cent (year-on-year) in the second quarter (Q2) this year, despite a slow period historically, a report said on Tuesday.  The market witnessed a return to form in Q2 2024 as tech giant Apple and Samsung had new releases compared to none the previous year, while other market players also displayed strong numbers, according to Counterpoint Research’s latest ‘Global Tablet Market Tracker’. Research Associate Kevin Lee said the marke...
Global tablet market up 15 pc in Q2, growth to continue this year
Global tablet market up 15 pc in Q2, growth to continue this year
Source: IANS
2024-10-08 11:14:12 am
Apple to launch more retail stores in India as it manufactures all iPhone 16 models in country Driven by the positive response to its Mumbai and Delhi retail stores, Apple on Friday said it is geared up to launch more exclusive, own-branded stores in the country where the iPhone maker is witnessing a surge in domestic sales as well as export figures.  New Apple retail stores will come in Bengaluru, Pune, Delhi-NCR and Mumbai. However, no timeline has been set so far. According to Deirdre O’Brien, Apple’s senior vice president of Retail, the company is thrilled &q...
Apple to launch more retail stores in India as it manufactures all iPhone 16 models in country
Apple to launch more retail stores in India as it manufactures all iPhone 16 models in country
Source: IANS
2024-10-04 10:07:10 am
Make in India is work in progress, we must become manufacturing nation: Amitabh Kant  While the Make in India initiative has completed 10 years, it is still a work in progress and we must become a manufacturing nation, said G20 Sherpa and former NITI Aayog CEO, Amitabh Kant on Friday.   Speaking exclusively to IANS, he said that we must ensure that a minimum of 25 per cent of our GDP comes from the manufacturing sector. He also spoke on various issues ranging from digitisation, AI, health, space and more. Here are some excerpts from the interview: IANS: We ...
Make in India is work in progress, we must become manufacturing nation: Amitabh Kant
Make in India is work in progress, we must become manufacturing nation: Amitabh Kant
Source: IANS
2024-09-28 08:41:28 am
Pre-orders for `made in India` iPhone 16 surges, set to break export records Apple has seen a surge in pre-orders for its ‘Make in India’ iPhone 16 in the country, as the company gears up to make its latest iPhone line-up available on September 20, trade analysts said on Thursday, adding that the new devices are set to break previous export records.  The ongoing channel checks suggest that iPhone 16 Pro models are also witnessing a strong traction from buyers, owing to its more strategic and accessible pricing, in comparison to the 15 series. Th...
Pre-orders for `made in India` iPhone 16 surges, set to break export records
Pre-orders for `made in India` iPhone 16 surges, set to break export records
Source: IANS
2024-09-19 12:17:56 pm
Global VR headset shipments drop 4 pc in Q2, Meta leads Global virtual reality (VR) headset shipments fell 4 per cent in the April-June quarter (Q2), primarily due to a sharp drop in Sony’s PlayStation VR2 shipments, a report said on Friday.  The decline was also due to overall weakness in the consumer VR segment due to a lack of application innovations and a sluggish economy, according to Counterpoint’s Global XR (AR/VR) Headset Model Tracker.   In contrast, demand from the enterprise VR segment remained relatively sta...
Global VR headset shipments drop 4 pc in Q2, Meta leads
Global VR headset shipments drop 4 pc in Q2, Meta leads
Source: IANS
2024-09-13 01:48:28 pm
Apple reaches $5 billion in iPhone exports from India in April-August period Driven by the production-linked incentive (PLI) scheme, Apple has reached around $5 billion in iPhone exports from India in the April-August period this fiscal.  According to industry data, this is a growth of over 50 per cent from the same period of first five months in FY24. With the country set to commence production of the flagship iPhone Pro and Pro Max models, the value of iPhone exports is going to jump further in the festive quarter and months ahead, according to the indust...
Apple reaches $5 billion in iPhone exports from India in April-August period
Apple reaches $5 billion in iPhone exports from India in April-August period
Source: IANS
2024-09-11 11:45:49 am
Apple set to build on solid growth momentum in India with iPhone 16 series Apple revenues in India are likely to grow 18 per cent (year-on-year) in 2024 and the new iPhone 16 series would help the company further solidify its presence in the country, along with boosting its exports figures, industry analysts said on Tuesday.  The tech giant has introduced iPhone 16 series with Apple Intelligence, larger display sizes, camera control, innovative pro-camera features and a big leap in battery life. The Pro version is cheaper than last year and this will further...
Apple set to build on solid growth momentum in India with iPhone 16 series
Apple set to build on solid growth momentum in India with iPhone 16 series
Source: IANS
2024-09-10 10:46:21 am
iPhone production in India to reach 25 pc of global shipments by 2025 Buoyed by the ‘Make in India’ initiative and the production-linked incentive (PLI) scheme, iPhone production in India has gone up from less than 1 per cent in 2017 to 10 per cent in 2023 and plans are to scale it up to 25 per cent of global shipments by 2025, according to global investment firm Jefferies.  With the introduction of the mobile PLI scheme, alongside with global supply chain diversification, are driving the surge in Apple’s local manufacturing in India, ...
iPhone production in India to reach 25 pc of global shipments by 2025
iPhone production in India to reach 25 pc of global shipments by 2025
Source: IANS
2024-09-09 05:08:08 pm
India pips US to become 2nd largest 5G mobile market, Apple leads India has overtaken the US to become the world’s second-biggest 5G handset market for the first time, behind China, a report has mentioned.  Global 5G handset shipments grew 20 per cent (year-on-year) in the first half of 2024, according to the Counterpoint Research. Apple led the 5G handset shipments, accounting for more than 25 per cent share. Apple led the 5G handset shipments globally, accounting for more than 25 per cent share, driven by strong shipments of the iPhone 15...
India pips US to become 2nd largest 5G mobile market, Apple leads
India pips US to become 2nd largest 5G mobile market, Apple leads
Source: IANS
2024-09-06 01:42:17 pm
Sale of smartphones worth Rs 1 lakh and above surge in India With disposable incomes rising amid the premiumisation trend, the sales of luxury smartphones have surged in India in recent quarters, industry experts said on Tuesday.  The smartphone shipments of Rs 1 lakh and above increased by 20 per cent (year-on-year) and 10 per cent (YoY) for Q1 2024 and Q2 2024, respectively, according to Counterpoint Research. The shipments in the Rs 1 lakh and above segment accounted for just over 1 per cent of the market in the first half this year. &...
Sale of smartphones worth Rs 1 lakh and above surge in India
Sale of smartphones worth Rs 1 lakh and above surge in India
Source: IANS
2024-09-03 03:00:38 pm
Apple`s global revenues to cross $400 billion for 1st time this year Driven by growth in both hardware and services segments, Apple’s global revenues are expected to cross the $400-billion mark for the first time in 2024, a report said on Wednesday.  After a decline in 2023, Apple’s hardware revenues are expected to grow 3 per cent (year-on-year) in 2024, according to Counterpoint Research. All the key hardware segments – iPhone, iPad, Mac, Watch, AirPods – are likely to drive this growth supported by new launches. AirPods co...
Apple`s global revenues to cross $400 billion for 1st time this year
Apple`s global revenues to cross $400 billion for 1st time this year
Source: IANS
2024-08-28 11:15:38 am