iPhone maker will spend $5 billion building factories in India

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Foxconn will spend big bucks in India.
Photo: Ste Smith/Cult of Mac

Apple supplier Foxconn has reconfirmed its intentions to build factories in India, with officials telling ministers from the state of Maharashtra that it will invest $5 billion building plants in the country.

Maharashtra Chief Minister Devendra Fadnavis is said to be working with Foxconn to help find suitable land in the state to fit the iPhone maker’s demands.

Apple renews bid to sell refurbished iPhones in India

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Apple wants to grow its brand in India.
Photo: Ste Smith/Cult of Mac

Apple wants the right to import and sell refurbished iPhones in India, according to a new report.

The company previously tried to roll out a similar scheme, only to have it squashed by a consortium of local smartphone OEM rivals. This time, however, Apple has the bargaining chip that it plans to manufacture iPhones in India working in its favor.

Apple will start manufacturing iPhones in India this April

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iPhone-India
It's finally happening.
Photo: CC: Aasif Iqbal J/Flickr

Apple will begin manufacturing iPhones in India by the end of April.

Its factory in Bangalore, Karnataka, will be run by Wistron, and all of the devices it produces will be sold locally. Apple will be hoping that the move can bolster the iPhone’s presence in India, where it has somewhat struggled in the past due to its high price tag.

Liveblog: Apple hits new highs with doubleplusgood Q1 2017 earnings call

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Get ready for Apple's most exciting earnings call of 2017.
Get ready for Apple's most exciting earnings call of 2017.
Photo: Ste Smith/Cult of Mac

Apple is set to reveal its first quarterly earnings report of 2017 and, if Wall Street’s estimates are any indicator, it could be Apple’s biggest quarter ever.

After multiple quarters of declining revenues, today’s call could see the company return to growth, lifted by strong iPhone sales over the holidays and a burgeoning services business that has quickly become Apple’s second-biggest moneymaker.

Tim Cook and Luca Maestri are scheduled to hold an open call with investors today at 2 p.m. Pacific. As usual, Cult of Mac will be here liveblogging and analyzing all the action. Get prepped for the call with our guide on what to expect, and join the fun in the liveblog below.

Apple’s move into India ‘almost a done deal’

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iPhone-India
iPhones will soon be made in India.
Photo: CC: Aasif Iqbal J/Flickr

Apple is close to finalizing its negotiations with the Indian government over a local manufacturing facility, according to a new report.

The company confirmed on Wednesday that it had enjoyed a “constructive” meeting with Indian officials after issuing a list of demands for its move. Now a source with knowledge of the matter says “it’s almost a done deal.”

Apple has ‘constructive’ meeting with India over local factory

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Apple's plans to set up shop in India are slowly but surely moving forward.
Photo: Ste Smith/Cult of Mac

Apple has confirmed it has had a “constructive” meeting with the Indian government over plans to open a local manufacturing facility.

Its statement comes less than a week after the company issued a list of demands that included lengthy tax breaks and a waiver on customs duties.

India won’t rule out Apple manufacturing incentives

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Will 2017 be the year we finally get iPhones that are designed in California, made in India?
Photo: Ste Smith/Cult of Mac

Indian officials are reportedly keeping an “open mind” with regards to Apple’s demands in return for considering producing iPhones in the country.

“We will very much like Apple to come and have a base in India,” Information Technology Minister Ravi Shankar Prasad told reporters earlier today.

Apple is hiking up App Store prices in the U.K.

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Mac App Store
Prepare to pay more for iOS and macOS apps.
Photo: Ste Smith/Cult of Mac

More evidence that Apple plans to make iPhones in India

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Designed in California, made in India.
Photo: Ste Smith/Cult of Mac

Apple is reportedly planning to start manufacturing its iPhones in India, and — right on cue — a new report claims that Apple supplier Wistron has applied for fast-tracked approval to expand its factory in the Indian city of Bengaluru.

“Wistron has approached us to expedite certain clearances with regards to the augmentation and expansion of its existing unit,” said a high-ranking regional government official, who declined to be identified.