The defending champions overpowered TP Mazembe from the Democratic Republic of Congo 3-0 in Cairo
sports3 hours ago
Apple Inc's iPhone exports from India crossed $1 billion in five months since April, Bloomberg News reported on Tuesday, reflecting the tech giant's growing bet on the South Asian nation amid New Delhi's push for local manufacturing.
The outbound shipments of India-made iPhones, mainly to Europe and the Middle East, are set to reach $2.5 billion in the 12 months through March 2023 – almost double when compared to the year through March 2022, the report said, citing sources.
Apple started making the iPhone 13 in India earlier this year, and the company announced last week its plans to manufacture the latest iPhone 14. The tech giant has been manufacturing iPhones in India from 2017.
The devices exported from India from April to August this year comprise iPhone 11, 12 and 13 models, Bloomberg said.
The report comes as Apple seeks to shift some areas of iPhone production from China to other markets including India, the second biggest smartphone market in the world, where it is also planning to assemble iPad tablets.
India and countries such as Mexico and Vietnam are increasingly turning important to contract manufacturers supplying to American brands as they seek to diversify production away from China, amid Covid-related lockdowns and simmering tensions between Washington and Beijing.
ALSO READ:
The defending champions overpowered TP Mazembe from the Democratic Republic of Congo 3-0 in Cairo
sports3 hours ago
Although the Gunners are top as they chase a first title for 20 years, Manchester City are regarded as statistical favourites to win a fourth successive crown
sports3 hours ago
Doctors urge residents to take such situations seriously: 'Sharp objects can pierce the food pipe and can migrate into areas like the chest, causing further complications,' an expert says
uae3 hours ago
Highly-rated 19-year-old Turkish midfielder Arda Guler scores match-winner on his first La Liga start
sports3 hours ago
The special incentive allows eligible companies to obtain interest-free loans of a maximum of Dh300,000 with a grace period of 6 to 12 months
business3 hours ago
We matchmade people within the same buildings so they could stay safely inside and share resources, Rana Hajirasouli, founder of the company, said
uae3 hours ago
After a gap of nine years, the National side will play in the premier T20 tournament scheduled to be jointly hosted by the UAE and Oman
sports4 hours ago
In March, she had sustained a 'major injury' on her forehead
asia4 hours ago