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Made-in-India iPhone 12 to hit stores in April-May

Made-in-India iPhone 12 to hit stores in April-May
© India Today Group
Made-in-India iPhone 12 to hit stores in April-May
Apple s iPhone 12, a major hit in the country, is now being manufactured locally in India. And the made-in-India iPhone 12 model will be available for purchase starting April-May this year, confirm analysts and industry sources.
Apple is dedicated to making the best products and services in the world to delight our customers. We are proud to be starting production of iPhone 12 in India for our local customers, said Apple. The iPhone 12 is being manufactured at the Indian arm of Taiwan-based Foxconn, the contract manufacturers for Apple, which already manufactures popular Apple models including the iPhone XR and iPhone 11. ....

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Apple partner Foxconn teams up with Fisker to make electric cars

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Taiwan-based Foxconn, best known for assembling Apple iPhones, is partnering with US electric vehicle manufacturer Fisker to make more than 250,000 electric cars a year.
The joint venture, which will begin production by the last quarter of 2023, is codenamed PEAR (Personal Electric Automotive Revolution). It will target consumers in North America, Europe, China and India, the companies said in a joint statement.
“We will create a vehicle that crosses social borders, while offering a combination of advanced technology, desirable design, innovation and value for money … while delivering on our commitment to create the world’s most sustainable vehicles,” Henrik Fisker, the car maker’s chairman and chief executive, said. ....

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Apple set to release its own self-driving car by 2024

Apple s plans to develop an electric and driverless car featuring its own battery technology are reportedly back on the table, with a new target production date estimated for 2024.
People familiar with the matter told Reuters that Apple is progressing with its autonomous car technology – known as Project Titan – and is planning to produce a passenger vehicle in four years time.
The mass-market car could include Apple s own battery design that would aim to radically reduce the cost of batteries and increase the vehicle s range.
Apple to develop own next level EV battery
These improved specifications would be possible with the use of mono-cell batteries, which use larger cells to allow for more compact battery packs that are capable of delivering longer range than conventional multi-cell batteries. ....

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Apple Shares Gain on Report of iPhone Manufacturing Increase

Apple Shares Gain on Report of iPhone Manufacturing Increase
TheStreet
12/15/2020
© TheStreet
Apple Shares Gain on Report of iPhone Manufacturing Increase
Apple Inc. shares edged higher Tuesday following a report that the tech giant is planning a significant increase in its iPhone manufacturing to meet an anticipated surge in 2021 demand.
Japan s Nikkei business newspaper said Apple has instructed suppliers to produce around 230 million iPhone handsets next year, a 30% increase from the pre-pandemic pace of 2019, with around 96 million slated for the first half of the year.
Foxconn Technology Group , the world s biggest electronics manufacturer and Apple s most important supplier, said last month that 2021 sales will grow by around 10% amid what it sees as strong demand for consumer electronics in general and the iPhone 12 more specifically. Apple typically accounts for around half of Taiwan-based Foxconn s annual revenue. ....

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