Apple to set up iPhone manufacturing unit in Bengaluru

Elbert EdwardsЯнв 01, 2017

Apple also sought clarity about the various offers under the modified special incentive package scheme, which is created to boost electronic manufacturing in India. But the report quoted industry sources who said that the production will start from April, next year.

Earlier Friday, Drexel Hamilton analyst Brian White called Apple one of his top IT hardware and software stock picks for 2017.

"Given the extent of local government support for iPhone manufacturing, there's a lot that China could do to make life less comfortable for Apple without driving iPhone manufacturing out of the country", says The Street. It had made similar proposal before, but the government rejected it. Apple also wanted an amendment in the labelling norm of the government to retain the aesthetic value of its products.

Читайте также: Massachusetts Lawmakers Quietly Pass Bill Delaying Adult-Use Market Rollout

Local manufacturing is expected to help Apple price its phones more competitively in India as it now attracts 12.5 per cent additional duty on imports. The facility will open early next year. In May this year the company said it would establish a Design and Development Accelerator in Bengaluru, which the company is calling as first-of-its-kind center to support developers creating mobile apps in India. For the fourth quarter of 2016 the company is expected to have sold 78 million iPhones - up from 75 million during the fourth quarter of 2015. The company's net profit grew 21% to Rs 294 crore during the same period with deeper retail penetration and lower prices for older iPhone models that garnered a huge user base. Apple will also bring their full suite of in store experiences, like training and Genius bars, to improve service and warranty standards in India, which have usually had mixed reviews.

For more information on what's possible in the next year for the iPhone, have a peek at the timeline below.

Bangalore is the only city in India and the second city in Asia to make it to the "Global startup ecosystem ranking". In fact, judging by the report, Bengaluru only ranks behind Berlin in terms of growth in the startup space and is the seventh largest investment destination in the world.

При любом использовании материалов сайта и дочерних проектов, гиперссылка на обязательна.
«» 2007 - 2017 Copyright.
Автоматизированное извлечение информации сайта запрещено.

Код для вставки в блог

Related Articles:



« Previous article
Next article »


Popular Pages

IPhone 7s Release Rumored For 2017 With 5 Inch Display
The first two are supposedly set to be joined by a 5-inch variant which will carry the same basic specifications as the others. With the year winding down, rumors are already starting to heat up as to what we will see from the iPhone 7s in 2017.

Taiwan warns of growing China threat
Department of Defense should conduct a program of senior military exchanges between the United States and Taiwan". Tensions between Taiwan and China have risen sharply since Tsai's presidential victory in January.

Rapper Troy Ave Shot and Injured in Brooklyn
Three people, including Troy, were injured in the shooting, while his bodyguard Ronald "Banga" McPhatter was killed. PHOTOS: Scene where rapper Troy Ave was shot in Brooklyn Rapper 50 Cent visited Troy Ave in the hospital.

SC vs. South Florida
He might be one of the most underrated quarterbacks in the country, and he'll be the difference here against an average SC team. He served as interim head coach at the University of CT for eight weeks during the 2013 season, winning his final three games.

Blizzard Is Celebrating 20 Years Since Diablo's Launch
Players will journey through the reimagined version of the original cathedral in " Diablo 3 " and should watch for familiar items. The other Blizzard games like Heroes of the Storm, Hearthstone, Overwatch and StarCraft II will all have an event of their own.

Watch Gravity Rush the Animation ~Overture~
As promised last week, the Gravity Rush the Animation ~Overture~ anime has made its internet debut. The anime is produced by Studio Khara, the studio behind Neo Genesis Evangelion .

Home Americas Sprint to create 5000 jobs in America
The founder and CEO of the telephone company Softbank which in turn, holds a controlling interest in Sprint . The jobs will help "support" its customer service and sales teams, among other divisions at the company.

UFC: Rousey's ex-boyfriend fears for her mental health prior to comeback
Months of trash talk had created an intense rivalry for the headlining match at Nationwide Arena in Columbus, Ohio. The incident spurred from Rousey's discovery that he photographed her naked without her consent or knowledge.

Smart response gives Celtics Christmas win over Knicks
When the Knicks tried to make a Christmas comeback, the Celtics' response was strong and Smart. The Celtics led in the entire second half. "This is bigger than sports", Carmelo told ESPN .

Are Jennifer Lopez and Drake really an item?
The source also shared that Drake informed his mother that he respects JLo and wants more than mere sexual relationship with her. Following one of those concerts, Drake took to Instagram to post another selfie of him and Lopez looking awfully friendly.