Science

Apple plans to start making another iPhone in India

Apple plans to start making another iPhone in India

Apple is looking to reduce the price of iPhone 6S Plus in India, and a method of doing it is through setting up a new factory in southern part of the country, local media outlet The Economic Times reported today.

After contact manufacturer Wistron had begun assembly of iPhone SE models at its Bengaluru assembly plant a year ago, it's now the turn of the more high-end iPhone 6s Plus model to take its place. Apple had started the iPhone SE's production in India previous year to further lower the prices.

Apple shares are up 0.4% to $174.87. It might soon be time for the iPhone 6S Plus to be similarly shielded from import tax fluctuations. With the smartphone being locally assembled, the report claims that buyers can expect the prices to drop by about 5-7 percent, but that will only come in effect once the plant increases its production capacity.

Google says new app is lighter on data
Now, after nearly 3.5 years, Google has confirmed that a new layout and few new features would be soon introduced in Gmail . This update is said to include new features now present in Inbox , such as smart replies and the ability to snooze emails.

The Indian government has steadily raised the customs duty on imported mobile phones from 10 per cent to 20 per cent. But Apple has not hiked the model's price yet. Industry executives said Apple has also started discussion with its component vendors and contract manufacturers like Flex, Foxconn and Wistron to expand local sourcing, including components. If Apple wants to cut down on additional cost, it will want to make parts and packaging within India as well. Commercial production of the iPhone 6S is expected to begin in the next few weeks at Winstron's new assembly line near India's Silicon Valley.

Apple has also added Finland-based Salcomp's facility in Tamil Nadu and China-based Shenzhen YUTO Packaging Technology plant in Bengaluru for global sourcing. The iPhone 6S, on-the-other-hand, accounts for nearly one-third of total sales of iPhones in India past year. However, the iPhone SE remained unaffected as it was manufactured in India since past year. This would bring the price of the iPhone 6s to the same level as that of the One Plus.


  • JPMorgan; Citigroup; Wells Fargo; Broadcom — CORPORATE REPORT

    JPMorgan; Citigroup; Wells Fargo; Broadcom — CORPORATE REPORT

    The firm has a market capitalization of $253,301.77, a price-to-earnings ratio of 12.38, a P/E/G ratio of 1.37 and a beta of 1.13. Wells Fargo (WFC) apologized a year ago for charging as many as 570,000 clients for vehicle insurance they didn't need.
    Watching Congress Try to Friend Mark Zuckerberg

    Watching Congress Try to Friend Mark Zuckerberg

    By the close of Wednesday's hearing , Zuckerberg had spent roughly 10 out of the previous 24 hours testifying before Congress . Zuckerberg mostly held his composure, repeating numerous same well-rehearsed answers: He is sorry for the company's mistakes.
    Strikes on Syria did not hit areas near Russian bases: Moscow

    Strikes on Syria did not hit areas near Russian bases: Moscow

    Mr Putin and Mr Macron instructed their foreign and defence ministers to maintain close contact to "de-escalate the situation", the Kremlin said.
  • Premier League updates from Wembley

    Premier League updates from Wembley

    With the Brazilian midfielder serving a suspension, Pep Guardiola has turned to an experienced Germany worldwide for assistance. Tottenham Hotspur is playing far better now than it was when Manchester City defeated the club 4-1 at home back in December.
    NBA Playoffs: Breaking down the Spurs-Warriors series

    NBA Playoffs: Breaking down the Spurs-Warriors series

    They had come out throwing haymakers, setting the tone for what was to be a one of those playoff series. San Antonio ended the season with a 122-98 drubbing on the road by New Orleans Wednesday night.
    Boko Haram has abducted over 1000 kids in Nigeria

    Boko Haram has abducted over 1000 kids in Nigeria

    About 112 girls are still held in captivity by the Boko Haram sect while 107 girls have either been released, found or escaped. All but one of the Dapchi children have been freed through backdoor negotiations.
  • Arsene Wenger wary of fatigue as Arsenal enter final stretch

    Arsene Wenger wary of fatigue as Arsenal enter final stretch

    The first leg will be played at the Emirates Stadium on 26 April, with the return leg a week later in the Spanish capital. Gunners manager Arsene Wenger refused to be drawn on which team he would prefer to face in the semi-finals.
    Record-breaking Barca back on track after beating Valencia

    Record-breaking Barca back on track after beating Valencia

    In the end, Barca held on to further extend their lead at the top and take their unbeaten run to 32 league matches. Here, Sports Mole looks at the Argentina international's record in past encounters with this weekend's opponents.
    Manchester City 'to consider groundsharing with Manchester United'

    Manchester City 'to consider groundsharing with Manchester United'

    Jesse Lingard is understood to be the main instigator, who also clashed with Fernandinho soon after the half-time whistle. The France midfielder said: " I didn't want to lose against City, the loss from last season is still in my mind ".
  • Syria and Allies Ready for War If Trump Attacks, Official Says

    Syria and Allies Ready for War If Trump Attacks, Official Says

    Most members of Congress - Democrats in addition to his fellow Republicans - praised Trump after the strike final yr. Trump had on Monday warned of a quick, forceful response once responsibility for the Syria attack was established.
    Moto G6 Play live images leak ahead of April 19 launch

    Moto G6 Play live images leak ahead of April 19 launch

    The leaked image has not revealed anything about the operating system but it is expected to run on Android Oreo out of the box. The Moto G6 will be the standard one whereas the Moto G6 Plus will be the highest and most equipped model in Moto G6 series.
    ExxonMobil (XOM) Shares Bought by Hallmark Capital Management Inc

    ExxonMobil (XOM) Shares Bought by Hallmark Capital Management Inc

    The ratio is negative due to XOM positioning: 48 sold and 819 reduced. 123 funds opened positions while 603 raised stakes. Out of 4 Wall Street analysts rating American Tower, 3 give it "Buy", 0 "Sell" rating, while 1 recommend "Hold".