Citi Research on Friday slashed its first-quarter production estimates for Apple Inc's iPhones and almost halved expectations on the costliest iPhone XS Max, joining other brokerages in lowering forecast amid reports of weak demand.
According to Reuters, sources familiar with the development revealed that Apple will soon start assembling iPhone X-series in the country with the help of Foxconn. Moreover, Foxconn - a Taiwanese company is already manufacturing smartphones for Xiaomi. According to a survey report emerging from the United States, there has been an increase in the number of people buying iPhone XR, who were earlier users of Android phones.
Foxconn could start assembling top-end iPhones in India as early as 2019.
The report said Hon Hai's investment will be made to expand the production capacity of its existing plant in Sriperumbudur in the southern state of Tamil Nadu. This will include investment in iPhone production. The minister also said the expansion will create as many as 25,000 new jobs.
TV actor Dipika Kakar stumps Sreesanth to win Bigg Boss 12
Dipika gave a strong competition to former cricketer and co-contestant Sreesanth , who turned out to be the runner-up of the show. This is no secret that Bigg Boss is one of the most popular reality TV show that has a massive fan following across the nation.
Until now, Apple has only assembled the lower-cost SE and 6S models in India through Wistron Corp's (緯創) local unit in the Bengaluru technology hub.
The Hindu newspaper also reported that Foxconn would begin manufacturing various models of iPhone in its Indian plant.
No doubt, Apple is seeing a decline in its overall sales volumes across the world.
Foxconn has previously admitted the China-U.S. trade spat was its biggest challenge and that its senior executives were making plans to counter the impact. As of late, the Indian government has set up high tariffs on imported cell phones, while likewise offering less expensive import rates on cell phone parts so as to urge makers to assemble gadgets in India and drive the nation's assembling business. According to the new estimate Apple is expected to manufacture 45 million units for the quarter, down from the 50 million earlier forecast.
He finished this season with five 100-yard games, including 185 yards on 14 catches in last week's loss at New Orleans. You probably never will be able to pass like Baker Mayfield , but you have the chance to ride like him.
The decree also appoints a woman - Eiman Al Mutairi - to the post of assistant to the Minister of Commerce and Investment. Saudi Arabia's King Salman bin Abdulaziz Al Saud signs documents during the 2019 budget meeting in Riyadh, Saudi Arabia.
The bombing was the first attack to harm foreign tourists in Egypt in almost two years, reported CBS News . Tourism is a huge sector of the Egyptian economy but has suffered since the Arab Spring in 2010.
Democrats say they are all waiting for Trump to abandon his demand for $ 5 billion to build a wall on the border with Mexico. The shutdown started Saturday when funding lapsed for nine Cabinet-level departments and dozens of agencies.
There was also a video clip of Liam, Chris and Luke Hemsworth taking a shot together, in front of "Mr and Mrs" balloons. According to the BBC , the couple tied the knot in an intimate ceremony with friends and family.
Until the market is open it's hard to talk because now we have a lot of games to play. "We are public persons". It's true, the season when Leicester were there the sympathy for Leicester was bigger than for Tottenham .
Swearinger over the weekend and now Kansas City Chiefs fans are hoping their team can land them the flawless Christmas gift. He would quickly understand that and if he has an issue, that's where that accountability comes in, players and coaches".
Klopp though, celebrating his 100th Liverpool win, is in no mood for complacency: "The six-point lead means nothing", he said. When Delph was dismissed for a high challenge on Pereira in the dying moments, Guardiola's misery was complete.
Ukrainian wheat, sunflower oil, bread, jam and wine were also barred, the Russian government announced on Saturday. Earlier this week, the sailors declared themselves to be prisoners of war and refused to give statements.
Randhawa has been ranked among the top golfers in the world and owns a farmhouse in the near the Dudhwa Tiger Reserve . Randhawa won seven titles on the Professional Golf Tour of India (PGTI), earning him laurels in the domestic circuit.
This brought together Ajinkya Rahane and Rohit Sharma to the crease and the Australians made a decision to exert some pressure. Even so, they could not deny Pujara who reached his second hundred of this series off 280 balls just prior to lunch.
Deadly blast partly destroys Russian apartment block
Emergency officials admitted that they were racing against time as the frigid weather reduces the chances to find anyone alive. The explosion shattered windows of nearby buildings, according to a local resident speaking on Echo of Moscow radio.
Trump threatens to seal US-Mexico border if wall is not built
Chuck Schumer (D-N.Y.) said on December 24 the administration wasn't clear in negotiations on what it would be willing to accept. And yet, somehow, the government has been (partially) shuttered for six days now - and the Democrats have yet to surrender.
Transformer explosion creates electric blue skyline in NY
Travellers at LaGuardia Airport, which is located in Queens, were treated to potential delays as well as a light show. Around 11 p.m., the airport tweeted power was restored in the temrinals with outgoing and incoming flights resuming.
Trump Jabs At Mattis: I Gave Him A Second Chance
Some thought I shouldn't, I thought I should. "Allies are very important - but not when they take advantage of US", Trump wrote . Outgoing Defense Secretary James Mattis sent what is likely his final message to the troops stationed around the world.