AMAZON OPENING FIRST MANUFACTURING LINE IN INDIA TO PRODUCE FIRE TV DEVICES

HIGHLIGHTS

• Amazon is partnering with the Indian subsidiary of Foxconn.
• In India, Amazon is opening its first manufacturing line to produce Fire TV Devices.
• Cloud Network Technology is the India-based subsidiary of Foxconn.

FOXCONN PLANNING INDIA IPO TO RAISE 5,000 BILLION RUPEES

HIGHLIGHTS

• The Indian arm of Foxconn Technology Group is preparing for initial public offer worth Rs 5,000 billion.
• The tech group wishes to expand its operations in India.
• Foxconn started its expansion plans in 2019.

Bett...

FOXCONN PLANS TO SHIFT ITS APPLE ASSEMBLING FACILITIES FROM CHINA TO VIETNAM

Highlights

• The Trump administration has taken several steps against Chinese companies in the U.S. and is also pressing US firms to shift production facilities from China to other Asian countries

• Foxconn, the manufacturer of iPads and other Apple devices is likely...

INDIAN GOVERNMENT APPROVES PLI SCHEME FOR 16 COMPANIES

HIGHLIGHTS

• Indian government has considered 16 companies eligible for PLI Scheme.
• Under this scheme, the government will give 4-6% incentive to eligible electronic companies on incremental sales of goods manufactured by them.
• The products i...

EXPORT ORDERS TOTALLING $100 BILLION DROPS INTO MOBILE PLAYERS KITTY

• Written pleas by iPhone on-contract-to hire makers Pegatron, Foxconn and Wistron and Karbonn, Samsung and Lava and Dixon to execute mobile phones orders worth around $100 billion from India have been permitted by the instituted group.
• The instituted  committee has approved...

TAIWAN’S DISCORD WITH CHINA REROUTES BUSINESS TO INDIAN FIRMS

• Taiwan’s tech manufacturers are looking beyond China. 
• They want to stabilize chains by expanding in India.

This some say is at the insistence of Apple. There is a growing camaraderie between India and Taiwan with both maintaining cordial relations ...

CHINA OUSTED AS PROLIFIC ELECTRONIC MERCHANDISE MANUFACTURING OUTLET

• A key supplier to Apple and a dozen other tech giants’ also spills the beans by planning to split its supply chain between the Chinese market and the US.
• He was only disclosing a hitherto relevant conclusion that China’s time as factory to the world is finished beca...

INDIA’S PLI TEMPTS APPLE: MOVES PRODUCTION LINES TO INDIA FROM CHINA

Highlights:

•    Apple have started assembling iPhone 11s in India

•    Government of India’s incentive will save Apple 22% on imports

iPhone maker Apple has moved some of its business to India. The business in Indian sha...

APPLE COMMENCES PRODUCTION OF IPHONE 11 IN CHENNAI

Highlights

• Apple has previously manufactured its devices like iPhone XR and iPhone SE 2016 in India

• Commerce Minister Piyush Goyal said this is a significant boost to the Make in India initiative started by the Government of India

• Foxconn had pre...

APPLE TO COMMENCE 2020 iPHONE SE PRODUCTION IN INDIA SOON: REPORTS

Highlights

• As per the reports, Apple has asked one of its suppliers in China to ship components for the 2020 iPhone SE to India

• In the period between March 2018 and March, AppleInsider reported sale of $1.5 billion for Apple India

• The Indian gove...

APPLE LOOKS TO SHIFT A PART OF iPHONE PRODUCTION FROM CHINA TO INDIA

Highlights

• Apple may shift one fifth of its production to India

• Apple will ask its contractors, Foxconn and Wistron to produce smartphones worth $40 billion in India

Technology giant Apple Inc. is planning to move nearly 20 percent of its production cap...

Coronavirus may have a long-term impact on Apple business

With the Novel Coronavirus spreading rapidly throughout China and claiming 106 lives so far, Apple supplier Foxconn has warned employees who were in Taiwan for the Chinese New Year not to return to their Wuhan plant in China according to a report.

According to a report in Apple Insider,...