iPhone assembler Wistron is set to increase its production of Apple’s smartphone at a third plant in India.
Apple has picked India’s Bandra Kurla Complex (BKC) commercial hub as the location for its next retail store.
As part of a new proposal, India said that single-brand retail companies like Apple can open online stores before they set up physical stores in the country.
This would allow Apple, which has yet to set up retail stores in the country, to start selling a range of products through its own online store. Currently, Apple sells its products in India through partnered third-party offline retailers and e-commerce platforms such as Amazon India, Flipkart and Paytm Mall.
India is Apple’s next—and perhaps last—country for big potential growth in the electronics market. Keep a close eye on this relationship in the future. I expect Apple to build data centers and other resources in the country, if they don’t have such things already.
Turn-by-turn navigation on Apple Maps finally made it to India this week, as did the ability to order an Uber from within the app.
Apple has hired Nokia exec Ashish Chowdhary to lead its business in India, indicating a desire to tackle the challenges it faces there.
Despite talking with banks and the National Payments Corporation of India (NPCI), the plan has been put on hold.
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It included charges of conspiracy to commit identity theft, impersonation of an officer of the United States, wire fraud, and money laundering.
Cisco’s Talos Intelligence Group discovered the MDM hack.
Citing unnamed sources, China Economic News said the device may be priced at $450 and be aimed at emerging markets.