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Image Source : FILE Apple Apple reportedly failed to launch a 'dedicated' application for classical music in 2022, post acquiring classical music service Primephonic. The tech giant stated that it planned to release a ‘dedicated’ classical music application in 2022, but could not launchh because without any specific reason given. ALSO READ: ‘Amazon Prime Air’ drone…

Economic headwinds, poor consumer demand, and market uncertainties led to an 8 percent decline in 'Make in India' smartphone shipment (year-over-year) in the third quarter (Q3) this year to reach over 52 million units, a new report said.This is the first decline in any quarter this year. Oppo led the 'Make in India' smartphone shipments with a 24 percent share, followed by Samsung and Vivo.Bharat Forge India Holdings remained the top electronics manufacturing services (EMS) player in terms of smartphone shipments, and…

Tata Group could buy Wistron’s iPhone manufacturing facility in Bengaluru as part of a new deal. Tata Group could end up buying Wistron's iPhone manufacturing facility in India. Based on a new report by The Economic Times, it is said that the Tata Group is in talks with Taipei's Wistron Corp to buy its manufacturing facility in Karnataka for a sum of Rs. 5000 crore. Wistron's facility is one of Apple's top manufacturing vendors in India for its popular iPhone smartphones. There have been rumours of the Tata Group…

Tata Group is in discussions with Taiwan's Wistron to buy its manufacturing facility for up to Rs. 5,000 crore ($612.6 million), the Economic Times business daily reported on Wednesday, citing people familiar with the talks.Neither salt-to-software conglomerate Tata nor Wistron – one of Apple's top vendors in India – immediately responded to Reuters' e-mailed requests for comment.Back in September, Bloomberg reported that Tata was in touch with Wistron to establish a joint electronics manufacturing venture in India with…

Tata has reportedly been in touch with Taiwanese supplier Wistron to establish a joint electronics manufacturing venture in India with the aim of manufacturing iPhones in the country. Tata purportedly seeks to tap into the expertise of Wistron in product development, supply chain, and assembly. If the deal goes through, Tata would reportedly become the first Indian company to manufacture iPhones. Currently, these handsets are assembled by industry giants like Wistron and Foxconn in China and India. This deal is expected…

Lenovo Group, the world's biggest maker of personal computers, reported flat revenue for the April-June quarter when many Chinese cities were hit by Covid-19 lockdowns, marking its most subdued result in eight quarters. Total revenue came in at $16.96 billion, in line with an average Refinitiv estimate of $16.87 billion drawn from seven analysts. Net income attributable to shareholders rose 11% to $516 million. Lockdowns in China during the quarter dealt a blow to the PC supply chain, with major laptop manufacturing…

India on Thursday named Dell, Wistron's ICT, Flex,and Foxconn's Rising Stars as its choice of global companies in a $1 billion (roughly Rs. 7,470 crore) incentive plan to produce and boost exports of laptops, tablets and personal computers.Ten Indian companies were also selected, including smartphone maker Lava and Dixon, which makes TVs for Xiaomi in India, the government said in a statement.Under the plan, manufacturers get cash-backs of 1 percent to 4 percent of additional sales of locally made goods over four years,…

TOKYO— Apple Inc. AAPL 0.17% has told some of its contract manufacturers that it wants to boost production outside China, citing Beijing’s strict anti-Covid policy among other reasons, people involved in the discussions said.India and Vietnam, already sites for a small portion of Apple’s global production, are among the countries getting a closer look from the company as alternatives to China, the people said. More than 90% of Apple products such as iPhones, iPads and…

Three of China's largest smartphone brands have opened discussions with Indian manufacturers about making phones locally for global export, a concrete step toward establishing the country as a hub for electronics production.Xiaomi, Oppo and Vivo are holding talks with Indian contract phonemakers, hoping to take advantage of cash incentives readily available to local firms, people familiar with the matter said. If they go ahead, the plan is to get Lava International. and Dixon Technologies to assemble the phones and begin…

iPhone 13 — Apple's latest smartphone generation announced last September — will now be manufactured in India, the company announced on Monday. The announcement comes months after trial production for the handset began at the company's manufacturing partner Foxconn in India last year. It will join the iPhone 11 and iPhone 12 that are currently manufactured in India. Last year, the company was one of the fastest growing smartphone brands in India, with a 108 percent year-on-year growth in shipments and a 44 percent share…