Seattle-based Amazon's innovations in India are being adopted by its teams from across the globe including its U.S. and European e-commerce arms, Terry Hanold, vice president of Amazon's international consumer technology, said. The Times of India reports that a successful innovation, called "seller flex," allows a seller to make their...
Apple India Records 18% Growth in Second Quarter
Apple reported over $45 billion in revenue and $8.7 billion in profit for the second quarter. CEO Tim Cook declared, "We are investing in India. We have already launched an app accelerator center. That's on top of working with the channel and looking at expanding our go-to-market in general. And...
Apple Sets New March Quarter Record for India
"We set a new March quarter record for India, where revenue grew by strong double digits," Apple CEO Tim Cook said in his opening remarks as part of the earnings call. Chief Financial Officer Luca Maestri quantified the “strong double-digit” growth for India — over 20 percent. Growth in India...
iPhone SE Will Be Manufactured in India
ICT Service Management Solutions, owned by Taiwan's Wistron Corporation (Apple's original equipment manufacturer) will manufacture the iPhone SE at its factory located in Yeshwanthpur, a suburb of Bangalore. Forbes reports that Wistron obtained an official certification from the Bureau of Indian Standards for Model A1723, which is the 4-inch iPhone SE...
Apple Requests India for Manufacturing, Labelling Concessions
Serious about manufacturing iPhones in India, Cupertino, California-based Apple has requested concessions from India's government. These are exemptions from the country's product labeling regulations, and tax relief. The company has filed a formal request to India's Department of Revenue and Department of Electronics and Information Technology requesting to be excluded from the...
Apple Will Set Up a Dedicated Distribution Center in India
With Android phones dominating the India market, Apple is planning to consolidate its logistics operations, set up a dedicated distribution center for iPhones, iPads and computers in India reports the Economic Times. Citing two senior industry officials, the report says that Apple is turning to its global logistic partner and...