On the same day Apple launched its flagship devices at its annual event in Cupertino, California, the French regulators ordered the company to halt sales of its older iPhone 12 models. Radiation watchdog ANFR demanded the halt saying the Apple devices emitted too much electromagnetic radiation.

France halts Apple iPhone 12 sales for above-threshold radiation levels

Apple launches the iPhone 15, equipped with a universal USB-C charger instead of the company's usual Lightning port, after the EU ordered manufacturers to adopt a common connection.

Is the iPhone 15 worth price tag?

At a time when the iPhone manufacturer is facing more difficulties in China and is seeking to strengthen its supply chains abroad, tech giant Qualcomm announced on Monday that it has reached an agreement with Apple to provide 5G processors until at least 2026.&nbsp;

Despite switching all of its laptops to using chips of its own design, the transaction shows that Apple is not rushing to release its own modem and is prolonging a partnership worth billions of dollars to Qualcomm for at least three years beyond what was anticipated.

Early afternoon trading saw a 4 per cent increase in Qualcomm shares. Qualcomm&nbsp;is a pioneer in the design of modem chips, which link mobile devices to mobile data networks. Apple stock increased by 0.5 per cent.

Headquartered in San Diego, California, Qualcomm saw the conclusion of a protracted legal dispute with Apple, following which, the two firms subsequently agreed to a chip supply agreement in 2019.

The iPhones that Apple is anticipated to introduce on Tuesday would be the last batch of phones to be launched under that supply agreement, which shall expire this year.

As per the agreement made on Monday, Qualcomm will provide Apple with semiconductors for new phones released year up until 2026. When asked about the deal’s worth, Qualcomm merely said that it was “similar” to a previous one.

UBS analysts predicted that Qualcomm would sell $7.26 billion worth of chips to Apple in 2022 in a research note published on August 3.

A patent licencing agreement Qualcomm finalised with Apple in 2019 is still in effect, according to Qualcomm. The companies have the opportunity to extend the agreement for an additional two years until 2025.

Reuters quoted Susannah Streeter, the head of money and markets at Hargreaves Lansdown, as saying, “At a time when Apple is running into increasing challenges in China, reinforcing its supply chains elsewhere is a priority, and it appears the company is rolling back or at least delaying plans to go at it alone in more areas with its own chip production.”

Apple spent $1 billion to purchase Intel’s modem section in 2019, while the company is in the process of developing its own modem technology. It is unknown how rapidly Apple intends to increase the use of its own chips.

By 2026, barely a fifth of Apple’s iPhones would utilise Qualcomm’s chips, the company stated on Monday in a statement.

Although all of the iPhone 14 models announced last year had Qualcomm modems, Qualcomm made a similar prediction regarding its relationship with Apple in 2021 that turned out to be unduly conservative.

Moreover, Akash Palkhiwala, the chief financial officer of Qualcomm, revised his projections for the 2023 iPhones that will be made public this week last year, stating that he anticipated that the “vast majority” of them will come equipped with Qualcomm modems.

(With inputs from Reuters)

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At a time when the iPhone manufacturer is facing more difficulties in China and is seeking to strengthen its supply chains abroad, tech giant Qualcomm announced on Monday that it has reached an agreement with Apple to provide 5G processors until at least 2026.

At a time when the iPhone manufacturer is facing more difficulties in China and is seeking to strengthen its supply chains abroad, tech giant Qualcomm announced on Monday that it has reached an agreement with Apple to provide 5G processors until at least 2026. Despite switching all of its laptops to using chips of its own design, the transaction shows that Apple is not rushing to release its own modem and is prolonging a partnership worth billions of dollars to Qualcomm for at least three years beyond what was anticipated. Early afternoon trading saw a 4 per cent increase in Qualcomm shares. Qualcomm is a pioneer in the design of modem chips, which link mobile devices to mobile data networks. Apple stock increased by 0.5 per cent. Headquartered in San Diego, California, Qualcomm saw the conclusion of a protracted legal dispute with Apple, following which, the two firms subsequently agreed to a chip supply agreement in 2019. The iPhones that Apple is anticipated to introduce on Tuesday would be the last batch of phones to be launched under that supply agreement, which shall expire this year. As per the agreement made on Monday, Qualcomm will provide Apple with semiconductors for new phones released year up until 2026. When asked about the deal’s worth, Qualcomm merely said that it was “similar” to a previous one. UBS analysts predicted that Qualcomm would sell $7.26 billion worth of chips to Apple in 2022 in a research note published on August 3. A patent licencing agreement Qualcomm finalised with Apple in 2019 is still in effect, according to Qualcomm. The companies have the opportunity to extend the agreement for an additional two years until 2025. Reuters quoted Susannah Streeter, the head of money and markets at Hargreaves Lansdown, as saying, “At a time when Apple is running into increasing challenges in China, reinforcing its supply chains elsewhere is a priority, and it appears the company is rolling back or at least delaying plans to go at it alone in more areas with its own chip production.” Apple spent $1 billion to purchase Intel’s modem section in 2019, while the company is in the process of developing its own modem technology. It is unknown how rapidly Apple intends to increase the use of its own chips. By 2026, barely a fifth of Apple’s iPhones would utilise Qualcomm’s chips, the company stated on Monday in a statement. Although all of the iPhone 14 models announced last year had Qualcomm modems, Qualcomm made a similar prediction regarding its relationship with Apple in 2021 that turned out to be unduly conservative. Moreover, Akash Palkhiwala, the chief financial officer of Qualcomm, revised his projections for the 2023 iPhones that will be made public this week last year, stating that he anticipated that the “vast majority” of them will come equipped with Qualcomm modems. (With inputs from Reuters) WATCH WION LIVE HERE

Apple to receive 5G chips from Qualcomm till 2026 under new deal: Report

Shares of Apple fell by 2.9% on Thursday following reports that China plans to expand a ban on the use of iPhones to government-backed agencies and companies.

Apple lost $200 billion in two days after reports of iPhone ban in China

China intends to extend a ban on iPhone usage in critical areas to state-backed organizations and state-owned businesses, a sign of rising difficulties for Apple Inc. in its biggest overseas market and base of operations worldwide.

China seeks to broaden iPhone ban

After months of pressure and pushback, the United States-based tech giant, Apple, is reportedly set to shift its iPhone charging port from a lighting to USB-C, as the standard charging method for its upcoming iPhone 15 series.&nbsp;

<h2>Apple announces when the change might happen</h2>

A report by Bloomberg said Apple has confirmed September 12 as the date for its iPhone 15 event as the company also aims to overhaul device production with 3D printers.&nbsp;

Although, if the company had its way it would stick to its current Lightning connector for a few more years before it could phase out ports on its smartphones altogether.

However, the European Union forced its hand after the 27-nation bloc’s parliament approved new rules making it compulsory for tech companies to ensure a universal charging port is introduced for electronic gadgets like mobile phones, tablets, cameras, e-readers, earbuds and other devices by the end of next year.&nbsp;

ALSO READ |&nbsp;<a href="https://www.wionews.com/world/in-a-shock-to-apple-eu-to-introduce-usb-c-connectors-for-all-electronic-gadgets-by-2024-522344">In a shock to Apple, EU to introduce USB-C chargers for all electronic gadgets by 2024</a>

The motion passed with 602 votes in favour and 13 against it, back in October 2022. Accordingly, the vote by the EU parliament confirms the previous agreement of making USB-C chargers used by Android-based devices the standard for the entire continent.&nbsp;

Succinctly put, all devices in the EU will have to carry the same charging port, in a bid to reduce e-waste. According to Bloomberg, when the company introduces its iPhone 15 later this month, USB-C connectors will appear on its four new phone models, as well as the AirPods Pro.&nbsp;

Notably, this is the second time in Apple’s history that the company would replace its charging port for its iPhones after it ditched the 30-pin Dock connector nearly a decade ago for its iPhone 5.&nbsp;

<h2>Users to benefit from the shift</h2>

At the upcoming event, Apple will reportedly also hail the shift to USB-C connectors as a major win for customers. In line with the new rule, users will now be able to use a single charging cable for several Apple devices like iPhones, Macs and iPads.

ALSO READ |&nbsp;<a href="https://www.wionews.com/technology/after-eu-india-will-soon-shift-towards-common-type-c-charging-port-534934">After EU, India to make common Type-C charging port mandatory for all smart devices</a>

The shift would also reportedly bring breakthrough data transfer speed in new high-end iPhone models.&nbsp;

But arguably one of the biggest benefits of the upcoming iPhone 15 series would be that users would not have to scramble in order to search for an Apple charger when they are away from home as they can borrow one from other non-Apple users.&nbsp;

&nbsp;

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After months of pressure and pushback, the United States-based tech giant, Apple, is reportedly set to shift its iPhone charging port from a lighting to USB-C, as the standard charging method for its upcoming iPhone 15 series.

After months of pressure and pushback, the United States-based tech giant, Apple, is reportedly set to shift its iPhone charging port from a lighting to USB-C, as the standard charging method for its upcoming iPhone 15 series. Apple announces when the change might happen A report by Bloomberg said Apple has confirmed September 12 as the date for its iPhone 15 event as the company also aims to overhaul device production with 3D printers. Although, if the company had its way it would stick to its current Lightning connector for a few more years before it could phase out ports on its smartphones altogether. However, the European Union forced its hand after the 27-nation bloc’s parliament approved new rules making it compulsory for tech companies to ensure a universal charging port is introduced for electronic gadgets like mobile phones, tablets, cameras, e-readers, earbuds and other devices by the end of next year. ALSO READ | In a shock to Apple, EU to introduce USB-C chargers for all electronic gadgets by 2024 The motion passed with 602 votes in favour and 13 against it, back in October 2022. Accordingly, the vote by the EU parliament confirms the previous agreement of making USB-C chargers used by Android-based devices the standard for the entire continent. Succinctly put, all devices in the EU will have to carry the same charging port, in a bid to reduce e-waste. According to Bloomberg, when the company introduces its iPhone 15 later this month, USB-C connectors will appear on its four new phone models, as well as the AirPods Pro. Notably, this is the second time in Apple’s history that the company would replace its charging port for its iPhones after it ditched the 30-pin Dock connector nearly a decade ago for its iPhone 5. Users to benefit from the shift At the upcoming event, Apple will reportedly also hail the shift to USB-C connectors as a major win for customers. In line with the new rule, users will now be able to use a single charging cable for several Apple devices like iPhones, Macs and iPads. ALSO READ | After EU, India to make common Type-C charging port mandatory for all smart devices The shift would also reportedly bring breakthrough data transfer speed in new high-end iPhone models. But arguably one of the biggest benefits of the upcoming iPhone 15 series would be that users would not have to scramble in order to search for an Apple charger when they are away from home as they can borrow one from other non-Apple users. WATCH WION LIVE HERE You can now write for wionews.com and be a part of the community. Share your stories and opinions with us here.

Apple set to shift from lighting port to USB Type-C for its upcoming iPhone 15 series

Analysts are anticipating a new line of iPhones and smartwatches to be launched at tech giant Apple's fall event on September 12, media reports said on Tuesday.&nbsp;

The company has sent out invitations to the event, which will be held at the Steve Jobs Theater at the company headquarters in Cupertino, California. The event will be livestreamed at 1 pm local time (1700 GMT).&nbsp;

According to Wall Street experts, Apple will attempt to offer customers a variety of new features for iPhone, its flagship handset.&nbsp;

The new product launch comes amid a decline in smartphone demand internationally.&nbsp;In the April to June quarter, Apple reported a 2.4 per cent reduction in iPhone sales, an unusual decline for the product that has long driven the company’s expansion.

According to TF International Securities analyst Ming-Chi Kuo, the most expensive model of the new iPhone will contain a periscope camera that could potentially increase camera zoom capacity by five times or more.

According to a report published by Bloomberg, the anticipated watch range may use a new CPU based on Apple’s A15 Bionic chip technology, which was previously used in existing iPhone models to improve performance.

(With inputs from Reuters)

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Analysts are anticipating a new line of iPhones and smartwatches to be launched at tech giant Apple's fall event on September 12, media reports said on Tuesday. The company has sent out invitations to the event, which will be held at the Steve Jobs Theater at the company headquarters in Cupertino, California.

Analysts are anticipating a new line of iPhones and smartwatches to be launched at tech giant Apple's fall event on September 12, media reports said on Tuesday. The company has sent out invitations to the event, which will be held at the Steve Jobs Theater at the company headquarters in Cupertino, California. The event will be livestreamed at 1 pm local time (1700 GMT). According to Wall Street experts, Apple will attempt to offer customers a variety of new features for iPhone, its flagship handset. The new product launch comes amid a decline in smartphone demand internationally. In the April to June quarter, Apple reported a 2.4 per cent reduction in iPhone sales, an unusual decline for the product that has long driven the company’s expansion. According to TF International Securities analyst Ming-Chi Kuo, the most expensive model of the new iPhone will contain a periscope camera that could potentially increase camera zoom capacity by five times or more. According to a report published by Bloomberg, the anticipated watch range may use a new CPU based on Apple’s A15 Bionic chip technology, which was previously used in existing iPhone models to improve performance. (With inputs from Reuters) WATCH WION LIVE HERE

Apple to unveil new iPhone, smartwatch on September 12: Report

iPhone 14 and iPhone 14 pro users across the globe have noticed that quite often that iPhones usually start slowing down or they developed glitches.

iPhone 14, 14 pro users report battery drain

Russian government has asked employees to refrain from using Apple iPhones and iPads for&nbsp;work purposes, as reported by Interfax. Russian ministry of digital development has put the ban due fears of espionage. Interfax quoted Maksut Shadaev, the minister.&nbsp;

"A ban is imposed on using (Apple) mobile devices - smartphones and tablets - to access work applications and work email exchange," he told reporters at a digital conference, the agency said.

"It's allowed to use iPhones for personal needs," Shadaev said.

The ministry issued the ban two months after claims by the Russian main domestic security service, the FSB, that several thousands Apple devices were compromised as a result of an espionage operation by the US

Apple denied the allegations. The US&nbsp;National Security Agency, which the FSB said cooperated with Apple, declined to comment on the claims at the time.

Watch | Can Ukraine stop the Russia aggression as Russia improves position on frontline? | WION Pulse

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Digital espionage and hacking has become a cause of concern in diplomatic circles worldwide. Russia and China often find themselves at the receiving end of such allegations from the Western countries. The allegations of a particular company from a particular region helping that government to spy on assets of other countries often fly around.

The West is often seen to be wary of Chinese companies like Huawei, Lenovo and others which several US officials have said have ties with the Chinese regime. The companies have often attracted allegations of espionage conducted through there hardware, software and tech prowess.

Many governments in West have moved to eliminate usage of tech equipment&nbsp; manufactured by these companies due to concerns over possible spying.

Also Read | <a href="https://www.wionews.com/world/germany-arrests-alleged-spy-over-suspicions-of-espionage-for-russia-624690">Germany arrests alleged spy over suspicions of espionage for Russia</a>

The allegations of spying go both ways.

On Friday (August 11) China claimed that it had uncovered a "case of espionage" carried out by USA's Central Intelligence Agency (CIA). China said that operation involved a Chinese national named Zeng who was paid money for top secret information.

"After meticulous investigation, the state security authority obtained evidence of Zeng's espionage activities and, in accordance with the law, took coercive measures against him to eliminate the harm in a timely manner," Beijing's Ministry of State Security said in a statement published online.

There were no details about Zeng's punishment.

According to the statement, 52-year-old Zeng was sent to Italy for studies. The statement adds that Zeng befriended a CIA agent who was stationed at the US embassy in Rome.

This individual convinced Zeng to provide "sensitive information on the (Chinese) military" in exchange for "a huge amount of compensation" and assistance for Zeng and his family to move to the United States.

(With inputs from agencies)

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Russian government has asked employees to refrain from using Apple iPhones and iPads for work purposes, as reported by Interfax. Russian ministry of digital development has put the ban due fears of espionage.

Russian government has asked employees to refrain from using Apple iPhones and iPads for work purposes, as reported by Interfax. Russian ministry of digital development has put the ban due fears of espionage. Interfax quoted Maksut Shadaev, the minister. "A ban is imposed on using (Apple) mobile devices - smartphones and tablets - to access work applications and work email exchange," he told reporters at a digital conference, the agency said. "It's allowed to use iPhones for personal needs," Shadaev said. The ministry issued the ban two months after claims by the Russian main domestic security service, the FSB, that several thousands Apple devices were compromised as a result of an espionage operation by the US Apple denied the allegations. The US National Security Agency, which the FSB said cooperated with Apple, declined to comment on the claims at the time. Watch | Can Ukraine stop the Russia aggression as Russia improves position on frontline? | WION Pulse × Digital espionage and hacking has become a cause of concern in diplomatic circles worldwide. Russia and China often find themselves at the receiving end of such allegations from the Western countries. The allegations of a particular company from a particular region helping that government to spy on assets of other countries often fly around. The West is often seen to be wary of Chinese companies like Huawei, Lenovo and others which several US officials have said have ties with the Chinese regime. The companies have often attracted allegations of espionage conducted through there hardware, software and tech prowess. Many governments in West have moved to eliminate usage of tech equipment manufactured by these companies due to concerns over possible spying. Also Read | Germany arrests alleged spy over suspicions of espionage for Russia The allegations of spying go both ways. On Friday (August 11) China claimed that it had uncovered a "case of espionage" carried out by USA's Central Intelligence Agency (CIA). China said that operation involved a Chinese national named Zeng who was paid money for top secret information. "After meticulous investigation, the state security authority obtained evidence of Zeng's espionage activities and, in accordance with the law, took coercive measures against him to eliminate the harm in a timely manner," Beijing's Ministry of State Security said in a statement published online. There were no details about Zeng's punishment. According to the statement, 52-year-old Zeng was sent to Italy for studies. The statement adds that Zeng befriended a CIA agent who was stationed at the US embassy in Rome. This individual convinced Zeng to provide "sensitive information on the (Chinese) military" in exchange for "a huge amount of compensation" and assistance for Zeng and his family to move to the United States. (With inputs from agencies) You can now write for wionews.com and be a part of the community. Share your stories and opinions with us here. WATCH WION LIVE HERE ×

Russian ministry bans use of iPhones, iPad for government employees

In a shocking incident reported from India’s eastern state of West Bengal, a couple sold their eight-month-old baby for 200,000 Indian rupees or $2,400. The bizarre development is said to be from the state’s North 24 Parganas district.

A police investigation is going on, and the child’s mother, named Sathi, has already been arrested. However, the father of the baby, named Jaydev, is absconding.

<h2>How did they get caught?</h2>

Interestingly, it was the couple’s neighbours who sounded the alarm. Their neighbours in the Panihati Gandhinagar area grew suspicious after they noted the child’s absence and the sudden change in the couple’s behaviour.

The couple was struggling to make ends meet days earlier,

Upon being asked by their neighbours about the whereabouts of the baby, the couple admitted they sold their son in return for money.

<h2>Police recover the child from another woman</h2>

Soon after, the police were informed and the baby was rescued from a lady in the Khardah area. Apparently, the couple had sold their son to this lady for money. The lady, named Priyanka Ghosh, has also been arrested by the police.

Watch:&nbsp;Violence break in West Bengal during local body election

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Neighbours allege that the couple, who also have a seven-year-old daughter, also indulges in drug abuse.

Reports say the father of the child was also thrashed by an enraged mob of neighbours.

<h2>The couple wanted to sell their daughter too</h2>

As per a statement from a local councillor, the couple was about to sell their daughter too.

Local councillor Tarak Guha said, “After selling the boy, Jaydev also tried to sell the girl on Saturday midnight. We informed the police as soon as we came to know about it. Police have arrested Jaydev.”

<a href="https://www.wionews.com/india-news/bullets-defeat-ballots-11-killed-in-indias-west-bengal-on-election-day-613408">Also read:&nbsp;India: Bullets defeat ballots? 14 killed in West Bengal on local elections day</a>

As per a statement by a police official, it was not clear whether the boy was sold due to poverty or any other reason.

According to a police officer from Barrackpore Commissionerate, the investigation is going on, and the case is being looked at from all angles.

Earlier media reports also said that the couple sold their child to buy an expensive iPhone so that they can shoot and upload reels on social media, a claim&nbsp;WION couldn't verify independently.&nbsp;

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In a shocking incident reported from India’s eastern state of West Bengal, a couple sold their eight-month-old baby for 200,000 Indian rupees or $2,400. The bizarre development is said to be from the state’s North 24 Parganas district.

In a shocking incident reported from India’s eastern state of West Bengal, a couple sold their eight-month-old baby for 200,000 Indian rupees or $2,400. The bizarre development is said to be from the state’s North 24 Parganas district. A police investigation is going on, and the child’s mother, named Sathi, has already been arrested. However, the father of the baby, named Jaydev, is absconding. How did they get caught? Interestingly, it was the couple’s neighbours who sounded the alarm. Their neighbours in the Panihati Gandhinagar area grew suspicious after they noted the child’s absence and the sudden change in the couple’s behaviour. The couple was struggling to make ends meet days earlier, Upon being asked by their neighbours about the whereabouts of the baby, the couple admitted they sold their son in return for money. Police recover the child from another woman Soon after, the police were informed and the baby was rescued from a lady in the Khardah area. Apparently, the couple had sold their son to this lady for money. The lady, named Priyanka Ghosh, has also been arrested by the police. Watch: Violence break in West Bengal during local body election × Neighbours allege that the couple, who also have a seven-year-old daughter, also indulges in drug abuse. Reports say the father of the child was also thrashed by an enraged mob of neighbours. The couple wanted to sell their daughter too As per a statement from a local councillor, the couple was about to sell their daughter too. Local councillor Tarak Guha said, “After selling the boy, Jaydev also tried to sell the girl on Saturday midnight. We informed the police as soon as we came to know about it. Police have arrested Jaydev.” Also read: India: Bullets defeat ballots? 14 killed in West Bengal on local elections day As per a statement by a police official, it was not clear whether the boy was sold due to poverty or any other reason. According to a police officer from Barrackpore Commissionerate, the investigation is going on, and the case is being looked at from all angles. Earlier media reports also said that the couple sold their child to buy an expensive iPhone so that they can shoot and upload reels on social media, a claim WION couldn't verify independently. WATCH WION LIVE HERE ×

Indian couple sell their eight-month-old son for $2400

Here, we bring you the news that is trending across WION's social media platforms: Indian couple their sell 8-month-old son to buy iPhone, do you Doomscroll at night? Beware! It is damaging your brain, Ukraine MP faces investigation for allegedly faking sick leave to holiday abroad.

Indian couple sell 8-month-old son to buy iPhone | Do you Doomscroll at night? | Trending On WION

Can an iPhone save a life? It can. A man accidentally drove his car off a cliff in the United States - it was his iPhone that automatically detected a car crash that had occurred and then sent an SOS signal using satellite connection.

US: iPhone 14 saves life after car falls into 400 feet deep gorge | Tech News | World DNA

How much would you be willing to spend on an iPhone? Apparently sounds too good to be true, but can you imagine that an unboxed original first-generation iPhone model was sold for a price of $158,000, approximately one crore thirty lakhs Indian rupees and it seems like no less than a vintage purchase.

Original first-gen iPhone sold for $158,000

Tata Group, a prominent Indian conglomerate, is reportedly nearing an agreement to acquire a factory in Karnataka, India, owned by Wistron Corp., an Apple supplier. This move could potentially make Tata Group the first Indian company to manufacture iPhones. According to sources cited by Bloomberg, the acquisition could be finalized as early as August and is estimated to be valued at over $600 million. The factory, currently employing over 10,000 workers, is responsible for assembling Apple's iPhone 14.

While Wistron plans to exit the business, Tata Group has ambitious plans to ship approximately $1.8 billion worth of iPhones from this facility. Initially, Wistron aimed to achieve similar production levels to gain financial incentives from the Indian government.

Companies seek alternative production locations

This development occurs as several U.S. tech companies explore diversifying their hardware manufacturing beyond China. The ongoing trade tensions between the United States and China, coupled with restrictions imposed on tech companies by both countries, have prompted firms to seek alternative production locations. Additionally, China's strict COVID-19 lockdowns, part of its zero-COVID policy, have significantly impacted Apple suppliers, leading to disruptions in the supply chain. In October 2022, for instance, workers from Apple's largest iPhone assembly factory in Zhengzhou reportedly escaped due to a lockdown.

Apple, Tata Group, or Wistron have issued no official statements regarding the acquisition. Nevertheless, the Indian government has recently introduced various programs to encourage local manufacturing. Simultaneously, Apple has been actively seeking to diversify its iPhone production beyond China, exploring opportunities in other South Asian countries. Other major Apple suppliers, such as Foxconn Group and Pegatron Corporation, have also expanded their production capabilities in response to this shift.

Big boost for 'Make in India' initiative

The potential production of iPhones by an Indian company holds the potential to inspire other global firms to consider manufacturing in India as a means to reduce their reliance on China. India's rising stature as a manufacturing hub could offer strategic advantages and contribute to a more diversified supply chain.

A previous report by TrendForce indicated that the upcoming iPhone 15 and iPhone 15 Plus models might also be manufactured in India by the Tata Group. However, it suggested that Tata Group would receive smaller orders for these models. This implies that India could be among the first countries to receive shipments of the new iPhone series, expected to launch in September this year.

(With Inputs from Agencies)

Tata Group, a prominent Indian conglomerate, is reportedly nearing an agreement to acquire a factory in Karnataka, India, owned by Wistron Corp., an Apple supplier.

Tata Group, a prominent Indian conglomerate, is reportedly nearing an agreement to acquire a factory in Karnataka, India, owned by Wistron Corp., an Apple supplier. This move could potentially make Tata Group the first Indian company to manufacture iPhones. According to sources cited by Bloomberg, the acquisition could be finalized as early as August and is estimated to be valued at over $600 million. The factory, currently employing over 10,000 workers, is responsible for assembling Apple's iPhone 14. While Wistron plans to exit the business, Tata Group has ambitious plans to ship approximately $1.8 billion worth of iPhones from this facility. Initially, Wistron aimed to achieve similar production levels to gain financial incentives from the Indian government. Companies seek alternative production locations This development occurs as several U.S. tech companies explore diversifying their hardware manufacturing beyond China. The ongoing trade tensions between the United States and China, coupled with restrictions imposed on tech companies by both countries, have prompted firms to seek alternative production locations. Additionally, China's strict COVID-19 lockdowns, part of its zero-COVID policy, have significantly impacted Apple suppliers, leading to disruptions in the supply chain. In October 2022, for instance, workers from Apple's largest iPhone assembly factory in Zhengzhou reportedly escaped due to a lockdown. Apple, Tata Group, or Wistron have issued no official statements regarding the acquisition. Nevertheless, the Indian government has recently introduced various programs to encourage local manufacturing. Simultaneously, Apple has been actively seeking to diversify its iPhone production beyond China, exploring opportunities in other South Asian countries. Other major Apple suppliers, such as Foxconn Group and Pegatron Corporation, have also expanded their production capabilities in response to this shift. Big boost for 'Make in India' initiative The potential production of iPhones by an Indian company holds the potential to inspire other global firms to consider manufacturing in India as a means to reduce their reliance on China. India's rising stature as a manufacturing hub could offer strategic advantages and contribute to a more diversified supply chain. A previous report by TrendForce indicated that the upcoming iPhone 15 and iPhone 15 Plus models might also be manufactured in India by the Tata Group. However, it suggested that Tata Group would receive smaller orders for these models. This implies that India could be among the first countries to receive shipments of the new iPhone series, expected to launch in September this year. (With Inputs from Agencies)

Tata Group's big 'Apple' bite: Indian giant closes in on iPhone manufacturing deal

Bloomberg cited unnamed sources familiar with the situation when it stated that the Tata Group is close to reaching an agreement to buy an Apple supplier's facility in Karnataka, which might enable it to become the first Indian company to manufacture iPhones.

Indian conglomerate Tata enters iPhone assembly business

In what comes as a resounding win for the Make-in-India initiative, Tata Group may soon be assembling iPhone in the country. India's largest conglomerate is closing in on an agreement to acquire Apple's supplier's factory as soon as August, marking the first time a local company would move into the assembly of iPhones, according to a Bloomberg report.&nbsp;

Tata will be acquiring Taiwan-based Wistron Corp's factory in Karnataka.&nbsp;Currently, iPhone 14 is assembled at the&nbsp;factory which will be overseen by Tata, once the deal is finalised. The Karnataka facility is valued at more than $600 million and employs more than 10,000 workers.&nbsp;

"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 publication reported.&nbsp;

Wistron has committed to shipping at least $1.8 million worth of iPhones from the factory in the&nbsp;fiscal year through March 2024 to earn the financial incentives. Moreover, it has put plans in motion to triple the plant's workforce by next year. Once Tata takes over, it will have to honour those commitments which the legacy brand has already agreed to.&nbsp;

<a href="https://www.wionews.com/technology/apple-choosing-india-over-china-results-billions-in-iphone-production-581947">Also read |&nbsp;Apple, moving away from China, makes iPhones worth $7bn in India</a>

<h2>Deal to reach fruition&nbsp;</h2>

There had been murmurs surrounding the deal for months. Earlier, it was reported that the two firms had discussed potential tie-ups, but talks settled with Tata Group taking on the complete duties. The Indian company is likely to oversee manufacturing operations while Wistron provides support during the transition period.&nbsp;

Notably, Apple, one of the world's most valuable companies, relies on Taiwanese manufacturing giants such as Wistron and Foxconn for manufacturing and assembly of its flagship iPhones.&nbsp;

<h2>Tata, an&nbsp;Indian success story&nbsp;</h2>

For decades, Tata has been the symbol of India's indigenous capabilities. From salt to tea to passenger airlines to tech services, Tata has found success in nearly every field it has dipped its toes in.&nbsp;

The&nbsp;company assembling the iPhone could significantly boost Prime Minister Narendra Modi's efforts to challenge China's status as the factory of the world.&nbsp;

ALSO WATCH |&nbsp;Apple's iPhone exports from India surpass $2.5 billion

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Apple has been looking at India as an alternative to China for a long time. The crackdown on the tech sector by Xi Jinping and the slowdown in growth after the pandemic in the mainland have only accelerated the process.&nbsp;

The news of the near closure of the deal comes a day after the Indian government suffered a setback in the form of Vedanta and Foxconn parting ways. The two companies had signed a deal to set up a mega semiconductor manufacturing facility in the country but could not work out the finer details of the deal, eventually calling it quits.&nbsp;

(With inputs from agencies)

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In what comes as a resounding win for the Make-in-India initiative, Tata Group may soon be assembling iPhone in the country. India's largest conglomerate is closing in on an agreement to acquire Apple's supplier's factory as soon as August, marking the first time a local company would move into the assembly of iPhones, according to a Bloomberg report.

In what comes as a resounding win for the Make-in-India initiative, Tata Group may soon be assembling iPhone in the country. India's largest conglomerate is closing in on an agreement to acquire Apple's supplier's factory as soon as August, marking the first time a local company would move into the assembly of iPhones, according to a Bloomberg report. Tata will be acquiring Taiwan-based Wistron Corp's factory in Karnataka. Currently, iPhone 14 is assembled at the factory which will be overseen by Tata, once the deal is finalised. The Karnataka facility is valued at more than $600 million and employs more than 10,000 workers. "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 publication reported. Wistron has committed to shipping at least $1.8 million worth of iPhones from the factory in the fiscal year through March 2024 to earn the financial incentives. Moreover, it has put plans in motion to triple the plant's workforce by next year. Once Tata takes over, it will have to honour those commitments which the legacy brand has already agreed to. Also read | Apple, moving away from China, makes iPhones worth $7bn in India Deal to reach fruition There had been murmurs surrounding the deal for months. Earlier, it was reported that the two firms had discussed potential tie-ups, but talks settled with Tata Group taking on the complete duties. The Indian company is likely to oversee manufacturing operations while Wistron provides support during the transition period. Notably, Apple, one of the world's most valuable companies, relies on Taiwanese manufacturing giants such as Wistron and Foxconn for manufacturing and assembly of its flagship iPhones. Tata, an Indian success story For decades, Tata has been the symbol of India's indigenous capabilities. From salt to tea to passenger airlines to tech services, Tata has found success in nearly every field it has dipped its toes in. The company assembling the iPhone could significantly boost Prime Minister Narendra Modi's efforts to challenge China's status as the factory of the world. ALSO WATCH | Apple's iPhone exports from India surpass $2.5 billion × Apple has been looking at India as an alternative to China for a long time. The crackdown on the tech sector by Xi Jinping and the slowdown in growth after the pandemic in the mainland have only accelerated the process. The news of the near closure of the deal comes a day after the Indian government suffered a setback in the form of Vedanta and Foxconn parting ways. The two companies had signed a deal to set up a mega semiconductor manufacturing facility in the country but could not work out the finer details of the deal, eventually calling it quits. (With inputs from agencies) WATCH WION LIVE HERE:

Make-in-India success: Tata Group could soon become country's first iPhone maker. Details inside

Russian government officials have been banned from bringing their iPhones to cabinet meetings and using them for official work purposes amid allegations that the U.S.-made smartphones are equipped with spying technology. 
 
The Russian Federal Security Service (FSB) recently reported the discovery of "anomalies" in certain iPhones used in Russia, including devices used by members of the country's diplomatic missions. The FSB attributed these anomalies to "malicious software" associated with surveillance operations conducted by American intelligence services, reported the Moscow Times.

<h2>FSB claims Apple's privacy policy inaccurate, alleges collaboration with NSA</h2>

The presence of the detected malware has led the FSB to assert that Apple's proclaimed user privacy policy does not align with reality. The agency suggests that the situation indicates close collaboration between Apple and the US&nbsp;National Security Agency (NSA).

Also read |&nbsp;<a href="https://www.wionews.com/business-economy/apple-to-cut-small-number-of-jobs-in-some-corporate-retail-teams-report-578799">Apple is planning to cut small number of jobs in some teams: Report</a>

<h2>30% of Russian presidential administration employees still use iPhones</h2>

Kremlin spokesperson Dmitry Peskov has disclosed that around 30 per cent of employees in the Russian presidential administration continue to use iPhones for personal communication, even as concerns regarding the security of these devices persist.

Earlier this year, fears of potential espionage led to a ban on Kremlin staff involved in President Vladimir Putin's 2024 re-election campaign from using iPhones. The prohibition was reported by the Kommersant daily in March and was implemented following a deliberation at a seminar near Moscow, with the final decision resting in the hands of Sergei Kiriyenko, the Kremlin's first deputy chief of staff.

The Kremlin maintains the belief that iPhones are more susceptible to hacking and espionage by Western specialists when compared to other smartphone brands. This perception has had an impact on the choices made by Russian officials and managers at state-owned enterprises regarding the use of iPhones.

Also watch |&nbsp;iPhones barred in Putin's office

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However, despite these concerns and restrictions, a significant number of Russian officials and managers from state-owned enterprises were observed using iPhones during the recent St. Petersburg International Economic Forum. This observation highlights the existence of varying practices and viewpoints on the matter of iPhone security within the Russian establishment.

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Russian government officials have been banned from bringing their iPhones to cabinet meetings and using them for official work purposes amid allegations that the U.

Russian government officials have been banned from bringing their iPhones to cabinet meetings and using them for official work purposes amid allegations that the U.S.-made smartphones are equipped with spying technology. The Russian Federal Security Service (FSB) recently reported the discovery of "anomalies" in certain iPhones used in Russia, including devices used by members of the country's diplomatic missions. The FSB attributed these anomalies to "malicious software" associated with surveillance operations conducted by American intelligence services, reported the Moscow Times. FSB claims Apple's privacy policy inaccurate, alleges collaboration with NSA The presence of the detected malware has led the FSB to assert that Apple's proclaimed user privacy policy does not align with reality. The agency suggests that the situation indicates close collaboration between Apple and the US National Security Agency (NSA). Also read | Apple is planning to cut small number of jobs in some teams: Report 30% of Russian presidential administration employees still use iPhones Kremlin spokesperson Dmitry Peskov has disclosed that around 30 per cent of employees in the Russian presidential administration continue to use iPhones for personal communication, even as concerns regarding the security of these devices persist. Earlier this year, fears of potential espionage led to a ban on Kremlin staff involved in President Vladimir Putin's 2024 re-election campaign from using iPhones. The prohibition was reported by the Kommersant daily in March and was implemented following a deliberation at a seminar near Moscow, with the final decision resting in the hands of Sergei Kiriyenko, the Kremlin's first deputy chief of staff. The Kremlin maintains the belief that iPhones are more susceptible to hacking and espionage by Western specialists when compared to other smartphone brands. This perception has had an impact on the choices made by Russian officials and managers at state-owned enterprises regarding the use of iPhones. Also watch | iPhones barred in Putin's office However, despite these concerns and restrictions, a significant number of Russian officials and managers from state-owned enterprises were observed using iPhones during the recent St. Petersburg International Economic Forum. This observation highlights the existence of varying practices and viewpoints on the matter of iPhone security within the Russian establishment. WATCH WION LIVE HERE:

Russian officials barred from bringing iPhones to cabinet meetings: Report

“Is time travel real?” Was on the mind of many after an object that bore&nbsp;a resemblance to Apple’s iPhone was spotted in a 350-year-old painting.

The artwork titled ‘Man Handing a Letter to a Woman in the Entrance Hall’ was done by Dutch painter Pieter de Hooch. It shows a domestic scene against the backdrop of one of Amsterdam's canals.

The object, which looks like an iPhone, can be seen in the hands of a man standing to the right of the picture as he prepares to hand it to a woman who sat down in a chair.

Though the title suggests that the object is nothing more than a letter, many conspiracy theorists have speculated about its origin, which even drew Apple CEO Tim Cook’s attention.

When asked about the painting at a recent press conference, Cook said that he was shocked to see the painting and admitted that he was "not so sure" anymore whether Apple is in fact the creator of the iPhone.

“I always thought I knew when the iPhone was invented, but now I’m not so sure anymore," he had at that time, according to Daily Star news outlet.

He then showed the photo to the audience and said, "It's tough to see but I swear it's there."

He stumbled upon the portrait while on a trip to Amsterdam in 2016&nbsp;where he found de Hooch's artwork in the Rijksmuseum art gallery.

"There was an iPhone in one of the paintings,” Cook said.

<h2>Not the first time</h2>

This is not the first time that the supposed resemblance to iPhone has been spotted in classic paintings.

In the 20th-century&nbsp;artwork titled Mr Pynchon and the Settling of Springfield, many found a man holding the small black rectangular object and looking directly at it, almost as if he was snapping a selfie.

Also read |&nbsp;<a href="https://www.wionews.com/trending/future-of-religion-hundreds-attend-church-service-conducted-by-chatgpt-603362">Future of religion? Hundreds attend Church service conducted by ChatGPT</a>

The peculiar stance left people baffled, with many convinced that it was an iPhone despite not being invented until 2007.

The portrait was completed by Italian artist Umberto Romano in 1937 and depicts the arrival of settlers to the town in the 1620s.

Also read |&nbsp;<a href="https://www.wionews.com/trending/watch-restaurant-launches-modi-ji-thali-in-new-jersey-ahead-of-pms-us-visit-603319">Watch | Restaurant launches 'Modi Ji' thali in New Jersey ahead of PM's US visit</a>

Another instance of a supposed iPhone making an appearance in a years-old painting was The Expected One.&nbsp;Painted by Austrian painter Ferdinand Georg Waldmüller in 1860, it&nbsp;shows&nbsp;a girl lost in&nbsp;her phone as she walks in the field. However, it was later suggested that she is apparently looking into a prayer book.

(With inputs from agencies)

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“Is time travel real?” Was on the mind of many after an object that bore a resemblance to Apple’s iPhone was spotted in a 350-year-old painting. The artwork titled ‘Man Handing a Letter to a Woman in the Entrance Hall’ was done by Dutch painter Pieter de Hooch.

“Is time travel real?” Was on the mind of many after an object that bore a resemblance to Apple’s iPhone was spotted in a 350-year-old painting. The artwork titled ‘Man Handing a Letter to a Woman in the Entrance Hall’ was done by Dutch painter Pieter de Hooch. It shows a domestic scene against the backdrop of one of Amsterdam's canals. The object, which looks like an iPhone, can be seen in the hands of a man standing to the right of the picture as he prepares to hand it to a woman who sat down in a chair. Though the title suggests that the object is nothing more than a letter, many conspiracy theorists have speculated about its origin, which even drew Apple CEO Tim Cook’s attention. When asked about the painting at a recent press conference, Cook said that he was shocked to see the painting and admitted that he was "not so sure" anymore whether Apple is in fact the creator of the iPhone. “I always thought I knew when the iPhone was invented, but now I’m not so sure anymore," he had at that time, according to Daily Star news outlet. He then showed the photo to the audience and said, "It's tough to see but I swear it's there." He stumbled upon the portrait while on a trip to Amsterdam in 2016 where he found de Hooch's artwork in the Rijksmuseum art gallery. "There was an iPhone in one of the paintings,” Cook said. Not the first time This is not the first time that the supposed resemblance to iPhone has been spotted in classic paintings. In the 20th-century artwork titled Mr Pynchon and the Settling of Springfield, many found a man holding the small black rectangular object and looking directly at it, almost as if he was snapping a selfie. Also read | Future of religion? Hundreds attend Church service conducted by ChatGPT The peculiar stance left people baffled, with many convinced that it was an iPhone despite not being invented until 2007. The portrait was completed by Italian artist Umberto Romano in 1937 and depicts the arrival of settlers to the town in the 1620s. Also read | Watch | Restaurant launches 'Modi Ji' thali in New Jersey ahead of PM's US visit Another instance of a supposed iPhone making an appearance in a years-old painting was The Expected One. Painted by Austrian painter Ferdinand Georg Waldmüller in 1860, it shows a girl lost in her phone as she walks in the field. However, it was later suggested that she is apparently looking into a prayer book. (With inputs from agencies) WATCH WION LIVE HERE

Is time travel real? Apple CEO Tim Cook baffled after iPhone spotted in 350-year-old painting

Apple supplier Foxconn is ramping up efforts at&nbsp;recruitment and retaining employees&nbsp;at the world’s largest iPhone factory in Zhengzhou, China ahead of the launch of a new model. The model in question is iPhone 15 which is expected to be launched in September by the United States-based tech giant.&nbsp;

It also indicates Foxconn’s commitment to continue assembling iPhones in the capital of central Henan province amid Apple’s reported efforts to shift the ongoing manufacturing supply chain away from China.&nbsp;

<h2>From a rise in pay to bonuses: What is being offered to employees?</h2>

The Taiwan-based Foxconn said that new workers at the plant in Zhengzhou will receive bonuses of up to $424 (3,000 yuan) if they managed to stay on the job for at least 90 days, with hourly pay of up to 21 yuan ($3), reported South China Morning Post (SCMP). The announcement was made on the messaging app WeChat over the weekend by Foxconn’s integrated Digital Product Business Group, which is responsible for iPhone production.&nbsp;

Meanwhile, existing factory workers can obtain a referral bonus of 500 yuan ($71), provided the person stays at the company for a month, reported BBC. However, this is not Foxconn’s first attempt to retain its workers. 
 
As per the report by SCMP, the company has raised worker benefits twice this month.&nbsp;This includes offering one of the highest loyalty bonuses to new recruits who remain employed for at least three months, which was raised to 2,500 yuan on May 22 from 2,000 yuan on May 3, said the media report.&nbsp;

<h2>About the world’s largest iPhone factory</h2>

Foxconn’s Zhengzhou plant, also known as iPhone City, is the world’s largest iPhone factory.&nbsp;As per reports, it&nbsp;employs more than 200,000 workers and assembles nearly 80 per cent of the global supply of Apple's&nbsp;flagship device.&nbsp;

However, the facility witnessed major disruptions due to China’s strict zero-Covid policy, last year, which has since prompted the company to diversify its production&nbsp;of the US tech giant’s flagship device to India and Vietnam.&nbsp;

Additionally, hundreds of workers protested at the Zhengzhou plant over COVID-19-related restrictions, and reported overdue pay, while workers also complained about the lack of food and medication. The disruptions in November and December also led to the US-based tech giant’s first quarterly decline in revenue since 2019, said Apple chief executive Tim Cook, as per reports.&nbsp;

However, Foxconn’s CEO said that the Taiwan-based company has no plans to leave its second-largest base in China’s Chengdu and its “important” production base there, after the announcement of its significant expansion in India.&nbsp;

Seemingly in a bid to reaffirm its commitment to China Foxconn also opened a new global business base in Zhengzhou, earlier this year, reported SCMP. This comes amid reports of the company opening an iPhone production facility in the Indian city of Chennai. 
 
&nbsp;

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Apple supplier Foxconn is ramping up efforts at recruitment and retaining employees at the world’s largest iPhone factory in Zhengzhou, China ahead of the launch of a new model.

Apple supplier Foxconn is ramping up efforts at recruitment and retaining employees at the world’s largest iPhone factory in Zhengzhou, China ahead of the launch of a new model. The model in question is iPhone 15 which is expected to be launched in September by the United States-based tech giant. It also indicates Foxconn’s commitment to continue assembling iPhones in the capital of central Henan province amid Apple’s reported efforts to shift the ongoing manufacturing supply chain away from China. From a rise in pay to bonuses: What is being offered to employees? The Taiwan-based Foxconn said that new workers at the plant in Zhengzhou will receive bonuses of up to $424 (3,000 yuan) if they managed to stay on the job for at least 90 days, with hourly pay of up to 21 yuan ($3), reported South China Morning Post (SCMP). The announcement was made on the messaging app WeChat over the weekend by Foxconn’s integrated Digital Product Business Group, which is responsible for iPhone production. Meanwhile, existing factory workers can obtain a referral bonus of 500 yuan ($71), provided the person stays at the company for a month, reported BBC. However, this is not Foxconn’s first attempt to retain its workers. As per the report by SCMP, the company has raised worker benefits twice this month. This includes offering one of the highest loyalty bonuses to new recruits who remain employed for at least three months, which was raised to 2,500 yuan on May 22 from 2,000 yuan on May 3, said the media report. About the world’s largest iPhone factory Foxconn’s Zhengzhou plant, also known as iPhone City, is the world’s largest iPhone factory. As per reports, it employs more than 200,000 workers and assembles nearly 80 per cent of the global supply of Apple's flagship device. However, the facility witnessed major disruptions due to China’s strict zero-Covid policy, last year, which has since prompted the company to diversify its production of the US tech giant’s flagship device to India and Vietnam. Additionally, hundreds of workers protested at the Zhengzhou plant over COVID-19-related restrictions, and reported overdue pay, while workers also complained about the lack of food and medication. The disruptions in November and December also led to the US-based tech giant’s first quarterly decline in revenue since 2019, said Apple chief executive Tim Cook, as per reports. However, Foxconn’s CEO said that the Taiwan-based company has no plans to leave its second-largest base in China’s Chengdu and its “important” production base there, after the announcement of its significant expansion in India. Seemingly in a bid to reaffirm its commitment to China Foxconn also opened a new global business base in Zhengzhou, earlier this year, reported SCMP. This comes amid reports of the company opening an iPhone production facility in the Indian city of Chennai. WATCH WION LIVE HERE You can now write for wionews.com and be a part of the community. Share your stories and opinions with us here.

Foxconn hikes pay for workers in world’s largest iPhone factory ahead of new model launch

Iphone sales for quarter one have put Apple in a sweet spot despite concerns from analysts. This was held in parts by Apple's efforts to find new markets for future growth. Among those top bets, is India. For more, watch the video.

Apple in a sweet spot to cash-in India's growth?

Apple's recent iPhone sales figures show that the company is doing well, with sales buoyed in part by the company's efforts to find new markets for future growth.

One of the top markets that Apple is targeting is India, which has the world's fastest-growing major economy. However, a recent report from the International Data Corporation shows that 31 million smartphones were shipped in India in the first quarter of 2023, which is a 16% decrease from the previous year and the lowest first-quarter shipments in four years.&nbsp;

The report attributes the sluggish demand to rising living costs and a weak global economic outlook. But while budget smartphone makers such as Realme and Xiaomi are struggling to sell their phones, Apple is growing its share of the market. This trend reveals some interesting insights into the state of the Indian economy.

For example, the disappointing sales in the budget category suggest that India's poor may be putting off their smartphone purchases due to eroding household savings, while the rise in iPhone sales volumes suggests a growing middle class with a higher disposable income.

Consumer trends from India point towards a visible demand for high-end automobiles, mobile phones, and other luxury items, while demand for mass consumption items such as budget motorcycles shows that rural households are feeling the squeeze.

The Indian economy grew at 4.1 percent&nbsp;in the last quarter of 2022-2023, indicating that a large portion of the country's citizens are facing economic difficulties due to what economists call a K-shaped recovery.

For now, it seems that Apple is not too worried, as their target is the growing Indian middle class and the rising affluent who seem to have no issues taking a bite of Apple's ambitious plan.

While budget smartphone makers struggle to sell their phones in a tough economic climate, Apple's "premiumisation" strategy appears to be working. The wealth disparity highlighted by the smartphone sales figures, nevertheless, is a cause for concern. Now, it remains to be seen how the Indian economy will evolve in the coming years.

Apple's recent iPhone sales figures show that the company is doing well, with sales buoyed in part by the company's efforts to find new markets for future growth.

Apple's recent iPhone sales figures show that the company is doing well, with sales buoyed in part by the company's efforts to find new markets for future growth. One of the top markets that Apple is targeting is India, which has the world's fastest-growing major economy. However, a recent report from the International Data Corporation shows that 31 million smartphones were shipped in India in the first quarter of 2023, which is a 16% decrease from the previous year and the lowest first-quarter shipments in four years. The report attributes the sluggish demand to rising living costs and a weak global economic outlook. But while budget smartphone makers such as Realme and Xiaomi are struggling to sell their phones, Apple is growing its share of the market. This trend reveals some interesting insights into the state of the Indian economy. For example, the disappointing sales in the budget category suggest that India's poor may be putting off their smartphone purchases due to eroding household savings, while the rise in iPhone sales volumes suggests a growing middle class with a higher disposable income. Consumer trends from India point towards a visible demand for high-end automobiles, mobile phones, and other luxury items, while demand for mass consumption items such as budget motorcycles shows that rural households are feeling the squeeze. The Indian economy grew at 4.1 percent in the last quarter of 2022-2023, indicating that a large portion of the country's citizens are facing economic difficulties due to what economists call a K-shaped recovery. For now, it seems that Apple is not too worried, as their target is the growing Indian middle class and the rising affluent who seem to have no issues taking a bite of Apple's ambitious plan. While budget smartphone makers struggle to sell their phones in a tough economic climate, Apple's "premiumisation" strategy appears to be working. The wealth disparity highlighted by the smartphone sales figures, nevertheless, is a cause for concern. Now, it remains to be seen how the Indian economy will evolve in the coming years.

What iPhone sales tell us about India's economy

It seems South Asia and Latin America are the new Trump cards for tech giant Apple, while China and the West continue to slow down. Apple CEO Tim Cook is betting that these markets will provide more opportunities due to their youthful populations and relatively few iPhones.

Apple sets its eye on emerging markets

Tech giant Apple has surprised analysts by posting better-than-expected sales and revenue numbers in the second quarter. The company reported a total revenue of 94 billion dollars, higher than analysts' prediction of 92.6 billion dollars. Sales of iPhones, too, did better than what analysts expected.

Apple's earnings results beat estimates

The Tech giant is expected to announce its quarterly results today and the buzz is that Apple may seek a buyback of its shares. Reports say that the buyback will be worth at least 90 billion dollars. This buyback is expected to work as a reminder to the world.

Apple expected to announce $90 billion in buybacks and dividends when it reports earnings

Straight out of a slick Hollywood heist movie, two burglars in the US state of Washington managed to break into an Apple store and steal as many as 436 units of iPhones, costing approximately $500,000.

Straight out of a slick Hollywood heist movie, two burglars in the US state of Washington managed to break into an Apple store and steal as many as 436 units of iPhones, costing approximately $500,000. The incident transpired at the Apple Store in the Alderwood Mall, Seattle when the facility was closed. The thieves did their homework and managed to sneak in by cutting a hole in the bathroom wall of a coffee shop next door to enter the backroom of the Apple store. The clever manoeuvre allowed the burglars to bypass Apple's security system. The Apple security team as well as the shop employees had no information about the stolen merchandise until they arrived for work the next day. Lynwood Police confirmed that apart from the iPhones, Apple merchandise worth thousands of dollars was also stolen by the crafty thieves. “Approximately 436 iPhones in total were taken out of the back. As of right now, no [fingerprints] have been found and the subjects entered wearing masks,” Lynwood Police Department Communications Manager Maren McKay was quoted as saying by Fox News. “No arrests have been made at this point, but detectives are currently investigating any information and leads.” WATCH | Tim Cook opens India's first retail Apple store in Mumbai × Surprised the Apple shop was adjacent: Coffee shop worker Eric Marks, the regional retail manager of the Coffee shop expressed surprise at the robbery and said even he did not know that the shop was adjacent to the Apple store. “[It was a] 24-by-18 hole cut in the wall into what appears to be the back room of the Apple Store. I’m surprised we were the conduit for them to get to the Apple Store. I had no clue we were so close or adjacent to them," Marks was quoted as saying by Seattle's local news channel, King 5 News. “Our front door was locked. They pried our front door open,” said Marks, adding that the break-in will cost the store around $2,000 in repairs. ALSO READ | Apple gains from India's surging retail market, but don't bet on a Made-in-India boost yet Meanwhile, Seattle Coffee Gear CEO Mike Atkinson took to Twitter to post a picture of the hole made in his shop's bathroom. "Two men broke into one of our retail locations. Why? To cut a hole in our bathroom wall to access the Apple Store next door and steal $500k worth of Iphones," tweeted Atkinson. Apple products are known to be expensive with the latest iPhone 14 starting at around $699. The thieves could easily be able to sell them in the black market and reap huge profits. (With inputs from agencies) WATCH WION LIVE HERE:

US: Thieves break into Apple store through bathroom of adjacent shop, steal 436 iPhones worth $500,000

Cook is in Beijing to attend the China Development Forum, a government-organised event being held again in full force after the country ended its COVID controls late last year.

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Apple’s contract manufacturer Foxconn has reportedly won an order to make AirPods in India. The iPhone fame brand may soon have its production in India via Foxconn, the company that is reportedly planning to build a factory in the country to produce these wireless earphones. As per a report, the deal could mean Foxconn becoming an AirPods supplier for the first time. The move that also highlights the key Apple suppliers aim to diversify production away from China.

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Apple one of the most valuable Brands globally, some of the key employees are leaving Apple. You would be surprised to know that over the last few months Apple has lost about a dozen high-ranking executives, many of them were responsible for day-to-day core functions. Most of the outgoing executives carried the ranks of vice presidents and were just below the senior vice president rank that reports to Apple CEO Tim Cook.

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Apple reported record revenue in India in the last fiscal quarter. Now the tech giant plans to boost its focus on India by making it a separate sales region and reshuffling the management structure. Molly Gambhir reports.

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Here we bring you a quick round-up of top headlines - Foxconn is considering a major expansion in India, including possibly assembling millions more iPhones and setting up new production sites as it seeks to further diversify beyond China.

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Apple is reorganising the management of its international businesses to give more focus on India, which has become an important market for the company. This marks the first time that India will be its own sales region at Apple, highlighting the nation's growing significance.

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