India Stories May 10

AAPL: 153.26

-0.73

India may be a small market for Apple right now, but the latest Kantar data shows why the company is placing such an emphasis on the country. While worldwide smartphone growth is just 3%, smartphone penetration in India grew by 16% year-on-year in the first quarter of 2017.

Purchase intention also shows great prospects for Apple …

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India Stories May 1

AAPL: 146.58

2.93

Apple has been working with the local government in India for quite a while to bring iPhone manufacturing local and initiate direct hardware sales. Now a new report claims Apple will start selling the iPhone directly in India later this year, but only certain models and only online.

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India Stories April 6

AAPL: 143.66

-0.36

India Stories March 31

AAPL: 143.66

-0.27

Phil Schiller has announced the official opening of Apple’s iOS App Design and Development Accelerator in Bengaluru, India. The center is designed to provide free guidance, inspiration and one-on-one app reviews for local developers.

The company first promised the center back in May of last year, the company explaining then why it had chosen the location …

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India Stories March 23

AAPL: 140.92

-0.50

India Stories February 17

AAPL: 135.72

0.38

India’s Economic Times reports that Apple will begin assembling iPhones in India whether or not the government agrees to the incentives it has requested. The report also supports a recent report that the location of the first plant will be in Bengaluru, Karnataka.

Apple will kick off its India manufacturing plans by initially assembling 3-400,000 units of its iPhone SE model at the Karnataka plant being set up by contract manufacturer Wistron, as the maker of the iconic iPhones looks to take a deeper bite of a key market amid slowing global smartphone growth […]

A person in the contract manufacturing industry said Wistron is ready to start assembling the phones. “The duty concessions are not connected to the plant,” the person added.

Apple is said to be keen to press ahead with the plan without delay for two reasons …

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