10th Indian Delegation to Dubai, Gitex & Expand North Star – World’s Largest Startup Investor Connect
Tech

Apple Begins Training Workers To Produce iPhone Pro Models In India


SUMMARY

Training initiated at Apple’s Tamil Nadu factory for iPhone 16 Pro production.

Foxconn will begin assembling these premium devices “within weeks” of the global launch.

In FY24, Apple assembled $14 Bn worth of iPhones in India, constituting 14% of its global iPhone production.

Apple has reportedly kicked off training many workers at its Tamil Nadu factory to make iPhone 16 Pro and Pro Max models.

The company plans to assemble its premium Pro and Pro Max models of the upcoming iPhone 16 series in India for the first time through partner Foxconn.

According to a report by Bloomberg News, Foxconn will begin assembling these premium devices “within weeks” of the global launch. 

The ‘new product introduction’ (NPI) process for the pro models of iPhone 16 will soon start at Foxconn’s facility in Sriperumbudur, Tamil Nadu. Once the models are launched, the process will enter the mass production stage.

Apple’s other manufacturing partners in India—Pegatron’s local unit and the Tata Group—could potentially start producing the Pro versions in the future. Additionally, Apple is expected to make the India-manufactured standard iPhone 16 models available on the same day as the worldwide sale begins.

The company has been gradually increasing its production capabilities in the country over the past few years.

In July, it was reported that Apple was planning to assemble the top-tier Pro and Pro Max models of the upcoming iPhone 16 series in India for the first time. 

Apple’s production in India has grown significantly in recent years. In FY24, the company assembled $14 Bn worth of iPhones in India, constituting 14% of its global iPhone production. Apple aims to increase this to 25% of all its iPhones over the next 3-4 years.

The tech giant has also been exploring the production of other devices in India. There are plans to manufacture iPads through Foxconn, and the company intends to start AirPods production in India early next year.

Apple achieved its highest-ever share in India’s premium smartphone segment (>INR 30,000) in Q1 2024, leading both in value and volume. 

According to a report, this premium segment reached a record 20% share by volume and 51% by value of the overall Indian smartphone market. 

Apple’s success, driven primarily by the iPhone 15 series and strong performance in offline channels, contributed to the broader growth of India’s smartphone market. Overall, the market saw an 8% year-on-year increase in volume and an 18% increase in value during Q1 2024.





Source link

by Siliconluxembourg

Would-be entrepreneurs have an extra helping hand from Luxembourg’s Chamber of Commerce, which has published a new practical guide. ‘Developing your business: actions to take and mistakes to avoid’, was written to respond to  the needs and answer the common questions of entrepreneurs.  “Testimonials, practical tools, expert insights and presentations from key players in our ecosystem have been brought together to create a comprehensive toolkit that you can consult at any stage of your journey,” the introduction… Source link

by WIRED

B&H Photo is one of our favorite places to shop for camera gear. If you’re ever in New York, head to the store to check out the giant overhead conveyor belt system that brings your purchase from the upper floors to the registers downstairs (yes, seriously, here’s a video). Fortunately B&H Photo’s website is here for the rest of us with some good deals on photo gear we love. Save on the Latest Gear at B&H Photo B&H Photo has plenty of great deals, including Nikon’s brand-new Z6III full-frame… Source link

by Gizmodo

Long before Edgar Wright’s The Running Man hits theaters this week, the director of Shaun of the Dead and Hot Fuzz had been thinking about making it. He read the original 1982 novel by Stephen King (under his pseudonym Richard Bachman) as a boy and excitedly went to theaters in 1987 to see the film version, starring Arnold Schwarzenegger. Wright enjoyed the adaptation but was a little let down by just how different it was from the novel. Years later, after he’d become a successful… Source link