Apple is reportedly making more of its new iPhones
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Apple's biggest iPhone factory is swelling with new workers as Foxconn throws money at recruits to keep production on track for the iPhone 17.
New recruits who stay at the factory for three months qualify for a bonus of up to US$1,113, a significant hike from early July.
According to Bloomberg, both Foxconn and Tata are now assembling the full iPhone 17 series in India, including the premium Pro models. Production is taking place at Tata’s Hosur facility and Foxconn’s Bengaluru plant,
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Apple got a much-needed iPhone and China boost, but expects a $1.1 billion tariff hit this quarter
Apple reported strong iPhone sales and rebound in revenue from China, giving a much-needed boost to two parts of the company’s business that had struggled over the past year.
As noted by South China Morning Post, Apple expanded its social media footprint in China over the weekend. The move comes just in time for Apple’s next product launch that will include iPhone 17, 17 Air, 17 Pro, and 17 Pro Max, as well as Apple Watch Series 11 and Ultra 3, and maybe even AirPods Pro 3.
After years of relying on China for iPhone production, Apple is boosting its presence in India. The tech giant hit a milestone ahead of the iPhone 17 launch.
Sales of foreign-branded phones, including Apple Inc's iPhone, declined 31.3% year-on-year in China in June, according to Reuters' calculations based on data released on Wednesday by a government-affiliated research firm.
A new report says that Apple will finally hit a long-held goal to reduce its dependence on China with the launch of the iPhone 17. Indian iPhone production has always lagged behind that of China, but all this is now changing – with import tariffs acting as an additional incentive …
Apple lost its crown as the biggest smartphone seller in China to rival Vivo, sliding to third place in the quarter, followed by Huawei, whose market share jumped to 15.5% from 9.3% a year earlier.
Morgan Stanley turns bullish on Apple, citing stronger iPhone demand in China, AI potential, and upside in future quarters.