https://thenfapost.com News, Facts and Analysis on Startup, Technology & Business Thu, 14 Sep 2023 08:51:30 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.2 The NFA Post News, Facts and Analysis on Startup, Technology & Business clean https://thenfapost.com/2023/09/14/apple-sells-made-in-india-iphone-15-on-launch-day-for-first-time/ Thu, 14 Sep 2023 08:51:09 +0000 https://thenfapost.com/?p=301757 It underscores India’s growing production prowess, and reflect a significant departure from Apple’s previous strategy of selling mostly Chinese-made new devices to frenzied customers Mumbai, NFAPost: For the first time, the new iPhone model you buy on the launch day could be made in India. The mobile device comes with improved hardware and software capabilities […]]]> https://thenfapost.com/2023/08/04/apple-hits-record-iphone-sales-mark-in-india-despite-global-slowdown/ Fri, 04 Aug 2023 14:50:39 +0000 https://thenfapost.com/?p=291040 The company, which just opened its first stores in the country, is planning to extend its network in India as part of an Asia-wide thrust New Delhi, NFAPost: Apple Inc. grew revenue in China a surprisingly strong 8 per cent while setting a record for Indian iPhone sales, bright spots in an otherwise disappointing quarterly […]]]> https://thenfapost.com/2023/07/17/foxconn-subsidiary-plans-additional-rs-8800-crore-investment-in-karnataka/ Mon, 17 Jul 2023 09:29:33 +0000 https://thenfapost.com/?p=285350 Foxconn Industrial Internet (FII) delegates holds meeting with CM Siddaramaiah, Industries minister MB Patil and IT/BT Minister Priyankal Kharge Proposal to set up a supplementary plant to Foxconn’s Devanahalli unit with Rs. 8800 Crore investment to generate 14,000 jobs Foxconn subsidiary Foxconn Hon Hai Technology India Mega Development already acquired land in Bengaluru Bengaluru, NFAPost: […]]]> https://thenfapost.com/2023/06/23/expansion-strategy-apple-is-reportedly-gearing-up-to-launch-apple-pay-in-india/ Fri, 23 Jun 2023 17:28:42 +0000 https://thenfapost.com/?p=279117 New Delhi, NFAPost: Amid its growing ambition to expand foot print in India, Apple has been looking to launch its payment feature called Apple Pay in the country for some time now. According to sources, the company is in talks with HDFC but it hasn’t successfully negotiated the terms with local authorities. Well, according to […]]]> https://thenfapost.com/2023/06/01/foxconn-to-start-manufacturing-by-april-2024-in-karnataka/ Thu, 01 Jun 2023 12:30:51 +0000 https://thenfapost.com/?p=271857 Land will be handed over to Foxconn by July 1, 2023: Minister MB Patil Bengaluru, NFAPost: Karnataka Large and Medium Industries Minister M B Patil on Thursday said that the Foxconn company has plans to start manufacturing iPhone units by 2024 April at its proposed Devanahalli plant and the state government would hand over the […]]]> https://thenfapost.com/2023/05/15/foxconn-invests-500-million-in-telangana-for-electronics-manufacturing-facility/ Mon, 15 May 2023 08:41:30 +0000 https://thenfapost.com/?p=265760 The groundbreaking took place on Monday in the presence of Industries & Commerce Minister KT Rama Rao and Foxconn Interconnect Technology Chairman & CEO Sidney Lu. Hyderabad, NFAPost: To further fuel industrial development of Telangana, the groundbreaking ceremony for Foxconn Interconnect Technology’s new electronics manufacturing facility was conducted at Kongara Kalan here on Monday. The […]]]> https://thenfapost.com/2023/05/10/foxconn-buys-huge-site-in-bengaluru-for-rs-300-crore-for-iphone-manufacturing/ Wed, 10 May 2023 03:39:17 +0000 https://thenfapost.com/?p=264166 Bengaluru, NFAPost: Taiwanese electronics giant Foxconn has bought a huge tract of land on the outskirts of Bengaluru, the key Apple supplier said in a filing on Tuesday as it looks to diversify production away from China. In a statement to the London Stock Exchange, the company stated that 1.2 million-square-metre (13 million-square-foot) land is […]]]> https://thenfapost.com/2023/04/20/apple-ceo-tim-cook-meets-minister-rajeev-chandrasekhar-plans-to-strengthen-local-manufacturing/ Thu, 20 Apr 2023 11:14:04 +0000 https://thenfapost.com/?p=258468 New Delhi, NFAPost: Apple CEO Tim Cook met with PM Narendra Modi, Union Railways and IT Minister Ashwini Vaishnav and Union Minister of State for Electronics and IT Rajeev Chandrasekhar during his ongoing visit to India. As part of the meeting, Tim Cook discussed local manufacturing and exports of iPhones in the country. Union Minister […]]]> https://thenfapost.com/2023/04/18/tim-cook-inaugurates-apples-first-ever-india-retail-store-in-mumbai/ Tue, 18 Apr 2023 06:19:14 +0000 https://thenfapost.com/?p=257634 From CEOs to vada pav, Apple CEO Cook gets a taste of India Perhaps this is the beginning of not just Tim Cook’s India adventure but Apple’s as well Mumbai, NFAPost: Amid growing public enthusiasm, Apple CEO Tim Cook inaugurated Apple’s first ever retail store in India at Bandra Kurla Complex in Mumbai on Tuesday. […]]]> https://thenfapost.com/2023/04/18/as-apple-india-sales-near-6-billion-ceo-cook-arrives-to-launch-first-stores/ Tue, 18 Apr 2023 01:09:27 +0000 https://thenfapost.com/?p=257572 Apple’s India sales surged during the pandemic as customers bought iPhones, iPads and MacBooks to work and study from home. And that momentum has continued, helped by financing and trade-in options New Delhi, NFAPost: Apple Inc.’s sales in India hit a new high of almost $6 billion in the year through March, highlighting the market’s […]]]>