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iPhone making

Tata Group Closes In on Deal to Become First Indian iPhone Maker

Tata Group, India's largest conglomerate, is close to an agreement to acquire an Apple Inc. supplier's factory as soon as August, marking the first time a local company would move into the assembly of iPhones, according to people familiar with the matter.A takeover of the Wistron Corp. factory in southern Karnataka state, potentially valued at more than $600 million, would cap about a year of negotiations, said the people, asking not to be named as the matter is private. The facility employs more than 10,000 workers, who…

Apple Launches K-Pop Offensive in Samsung’s Home Turf of Korea

Apple Inc. has enlisted K-pop girl band NewJeans to woo users in South Korea — the home ground of arch-rival Samsung Electronics Co. — as the world's most valuable company bets on a post-Covid global rebound in spending.The iPhone maker is opening its fifth store in the center of Seoul's posh Gangnam district, with local media reporting plans to open a sixth this year. Seoul would then have more Apple Stores than in iPhone-loving Tokyo. In a rare promotional event Wednesday, Apple set up a pop-up studio inside the new…