India offers Apple a compromise on iPhone manufacturing incentives

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iPhone India
Apple is already manufacturing iPhones in India.
Photo: Ste Smith/Cult of Mac

To encourage manufacturing in India, Indian authorities have offered to let Apple import smartphone components for use in local manufacturing, tax free.

Apple previously asked for a 15-year tax holiday from paying tax on importing components it needed for Indian manufacturing. The request was denied by authorities, but it seems that a compromise may be reached, whereby Apple will gradually increase the local production of components in India.

Austin City Council Throws Apple $8.6 Million For New Campus

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Apple's existing campus in Austin, Texas.
Apple's existing campus in Austin, Texas.

City officials in Austin, Texas, have agreed to pay Apple $8.6 million in incentives over the next ten years after the Cupertino company revealed its plans to invest $304 million in a new campus. Additionally, it will also receive $21 million from the Texas Enterprise Fund, and possibly a further $6 million from Travis County Commissioners.