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Apple suppliers ramped up output of iPhones in India in 2023, with assembly in the country more than doubling year-on-year to account for about 14 per cent of the vendor's total, Bloomberg reported.
China’s smartphone market plunged in February, with shipments slipping more than 30 per cent year-on-year.
Apple is under pressure from resurgent rivals in mainland China market as consumers opt for foldable smartphones with more AI features.
Bringing Taiwan to the World and the World to Taiwan
Apple CEO Tim Cook shrugs off the setback amid the US tech giant’s overall global growth in the quarter and its confidence in the world’s biggest smartphone market over the long term.