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14.04.25 - 15:45
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Apple Races To Boost iPhone Production In India, Vietnam As Trump Pauses Tariffs (ZeroHedge)
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Apple Races To Boost iPhone Production In India, Vietnam As Trump Pauses Tariffs
President Trump's 90-day pause on his "reciprocal" tariffs for countries that did not retaliate—excluding China—has allowed Tim Cook's Apple to ramp up production of smartphones, tablets, and laptops in India and Vietnam.
Sources familiar with Apple's supply chains told Nikkei Asia that top suppliers in India were instructed to ramp up iPhone production. Yet the people noted that factory utilization rates were already at maximum levels, making it challenging to bring on significant amounts of new production.
Here's more from the report:
Apple has helped suppliers purchase equipment that could increase iPhone production in India by several million units, one of the people told Nikkei Asia.
The company expects to produce at least 50 million iPhones there this year and is pushing to make the majority of its upcoming iPhone model bound for the U.S. in India.
It has also told suppliers that the...
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06.12.24 - 03:19
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NVIDIA To Open Its First R&D Center In Vietnam (AFX)
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SANTA CLARA (dpa-AFX) - NVIDIA (NVDA) announced its plan to open its first research and development center in Vietnam, indicating its strong belief in the country's promising artificial intelligen......
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