11 Burst results for "Wistron"
"wistron" Discussed on Bloomberg Radio New York
"Haven't changed interest rates, so probably investors have become more optimistic about the future of the economy. ECB president Christine Lagarde suggests hike a rate next month is a virtual certainty. In corporate news, Micron Technology gives an upbeat forecast for the current quarter. Dan Morgan at Synovus Trust. They felt that, you know, their core markets, PCs, laptops, smartphones, the inventories are starting to clear from customers. They expected a secular rebound in terms of cloud. We know that's been in kind of a secular downturn, The positive forecast comes as Micron falls prey to geopolitical political tensions between China and the U .S. Micron shares, though, up about 2 percent in late trading. A vice premier from Taiwan is traveling to Japan for the first time in 29 years. Here's Bloomberg's Rashad Salat in Hong Kong. Vice Premier Chiang Man -san is looking to improve economic on the U .S. Joined by executives from tech companies such as Light on Technology and Wistron, the visit risks once again angering China. In other news, Hong Kong tycoons racing to cut debt as borrowing costs rise. Bloomberg's Bonnie Au has the story from Hong Kong. SwipePacific said it will sell its U .S. beverage business to its controlling shareholder John Swipe & Sons for $3 .9 billion. The set would lower one measure of the company's indebtedness by more than a third. The firm also proposed a special dividend of about $1 .5 billion. That represents about half of the expected gain from the disposal. Bloomberg's Bonnie Au. In the markets, the Hang Seng index is trading down 1 .3 % off 237 points. The CSI 300 down four -tenths of one percent, but gains in Till Kill, the Nikkei, advancing 154 points. That's about a half a percent. Trading is flat in Sydney. The yield on the 10 Treasury -year 3 .72 percent. Global News brought to you by 2700 journalists and analysts in 2020 countries. In Hong Kong, I'm Brian Curtis. This is Bloomberg. Walking into the building for the first time after the shooting, it was crippling, but it had to be preserved in response to the Pulse nightclub shooting that affected the LGBTQ community. Barbara Poma, owner of Pulse, founded the OnePulse Foundation to honor Pulse victims and survivors. If you're an ally of this community, speak out. There are more of us together than apart. It is the power of love and its rawest form. Join the fight for LGBTQ acceptance. Learn how at lovehasnolabels .com. Brought to you by Love Has No Labels and the Ad Council. From New York, another update on Wall Street. In the UK. UK businesses are feeling the effects of higher prices. To Hong Kong, the hang sang down about 1 .3 % right now. 24 -7 business and market news that expands your world Always nice to see you, French Finance Minister. I'm much more concerned about how things flow out of China. Bloomberg radio, the Bloomberg business app and Bloomberg radio dot com
"wistron" Discussed on Mac OS Ken
"Factor meals dot com slash macOS can 50. A thing people thought was going to happen is apparently happening. I told you earlier this month of talk that Taiwan based wistron was looking to get out of the business of making iPhones in India. It was believed that the company would sell its iPhone manufacturing unit to Indian conglomerate Tata electronics, it was also thought that western would keep a foot in both India and Apple maintaining a unit on the subcontinent that maintains and repairs Apple products. Now all of that seems to be coming to pass. A report from economic times out of India says the Taiwanese company is in the process of selling its iPhone assembly unit in kolar near bengaluru to the Tata group, which is currently holding trials for assembling upcoming iPhone 15 models in India. Indications in the piece are that western wanted more of apple's business than it was able to secure namely component manufacturing and vendor managed inventory holding. Plus there were problems with the workforce, not that the problems had to do with the workers. Apple cider reminded readers in a recent article that the factory became a problem for western in December of 2020 after employees rioted over allegations of shorted pay. The instant led to Apple putting wistron on probation. While string came off probation, a couple months later, dealings between management and staff don't seem to have improved over the years. Last week since the economic times piece, 400 senior production staff protested against management, demanding parity and salaries with junior contractual workers, economic times reported, operations are normal now. Hard to blame them for bugging out, though they're not out yet, though the transfer to Tata is not complete. Tata executives are already taking up key positions according to the report. As for keeping a foot in the door, the economic time says western will continue with its repair facility. iPhone started the year strong in Colombia, so as a release from counterpoint research, not to downplay the market nor the research firm, but it's similar to the story we keep hearing around March quarter, smartphone shipments, iPhone rose and a mostly sinking market. That said, iPhone was not the standout in the South American country that it has been other places. For the whole country, counterpoint says smartphone shipments were up 9% in the March quarter versus the same quarter a year earlier. Xiaomi Motorola and the big blob of others helped pull the market down. Still, a number of brands did well. Counterpoint principle analyst Tina Lu is quoted in the release saying Samsung and Apple increased their shipment share by 50 and 30 basis points respectively in the first quarter when consumers are skeptical of the future, they will go to recognized brands and OEMs know this. First place Samsung pulled further ahead in terms of share moving from 35% in the first quarter of 2022 to 40% last quarter, Sammy's shipment in Columbia were up 6% year on year, driven mostly by the release of the S 23 line. For its part, fourth place Apple grew at shipments by 60% that surge seems to have been spurred by the lack of iPhone 14 units in the December quarter, though counterpoint says iPhone 11, which was apple's bestselling model in Colombia, also helped. As well as the somewhat established players did, there was room for new in Columbia. Or no two Columbia anyway. The analyst loose as honor and oppo are trying to grow their presence in Colombia and they seem to have made a decent start. Both more than doubled their shipments last quarter versus the first quarter of 2022, according to the release. And finally today, Apple shares have seen a relatively rare downgrade market watch says loop capital analyst and on the barua has cut his firm's rating on the shares from buy to hold cautioning them to companies current quarter could prove disappointing. The issue as he sees it is iPhone. According to the report, barua said that Apple cut its June quarter estimate for iPhone builds and shipment by about 10% over the weekend, something he thinks brings material downside risk to revenue estimates for the period. There are a couple of things worth noting. Asked about the cut on CNBC, Morgan Stanley analyst Eric woodring said that his firm had not seen the production cuts suggested by barua, and then wood rings estimation, it's too early to call the June quarter. The other point worth pointing out, the loop capital analyst doesn't think apple is overvalued. He just thinks it'll be a bit before it starts going up again. And that things may get rough before it does. While he didn't lower his rating on the shares, he kept his price target at 180 bucks, but closed Monday at one 74 20. MacOS can brought to you by me. And sponsored by issue. Get 50% off an annual premium account with code macOS can. At ISS,
"wistron" Discussed on Daily Tech Headlines
"Can <Speech_Male> <Content> <Speech_Female> <Speech> <Music> <Song> <Advertisement> <Speech_Music_Female> <Speech_Music> join <Speech_Male> <Content> the wait list for the deck <Speech_Female> <Content> HD at deck <Speech_Male> <Content> HD dot com. <Speech_Male> <Content> It's expected to <Speech_Male> <Content> cost around $99. <Speech_Male> <Content> <Speech_Male> <Content> Top 500 <Speech_Male> <Content> dot org released <Speech_Female> <Content> its top 500 <Speech_Female> list of fastest <Speech_Male> <Content> supercomputers <Speech_Male> <Content> in the world, <Speech_Male> <Content> an AMD silicon <Speech_Male> <Content> is in the lead with <Speech_Male> <Content> 121 <Speech> <Content> systems, up 29% <Speech_Female> <Content> year <Speech_Male> <Content> over year. AMD <Speech_Male> <Content> also holds the <Speech_Male> <Content> number one spot with the <Speech_Male> <Content> frontier supercomputer, <Speech_Male> <Content> the only <Speech_Female> <Content> fully qualified <Speech_Female> <Content> exascale class <Speech_Male> <Content> supercomputer on <Speech_Female> <Content> the planet that is being <Speech_Male> <Content> used by researchers <Speech_Male> <Content> in a variety <Speech_Male> <Content> of science workloads. <Speech_Female> <Content> Frontier <Speech_Male> <Content> entered the running with <Speech_Male> <Content> 1.02 <Speech_Male> <Content> exaflops of performance <Speech> <Content> last June, <Speech> <Content> but has since improved <Speech_Male> <Content> to 1.194 <Speech_Male> <Content> exaflops. <Speech_Male> <Content> <Speech> <Content> Last week, <Speech_Female> some Android and <Speech_Male> <Content> Google Voice users started <Speech_Male> <Content> reporting a bug <Speech_Female> <Content> between Android <Speech_Male> <Content> and iPhone were a <Speech_Female> <Content> plus sign <Speech_Female> <Content> was being added to the <Speech_Male> <Content> Android users phone <Speech_Male> <Content> number. 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And <Speech_Male> <Content> adding a plus one to <Speech_Male> <Content> the beginning of your <Speech_Male> <Content> U.S. number can <Speech_Male> <Content> fix the issue as well. <Speech_Male> <Content> <Speech_Female> <Content> India's economic <Speech_Male> <Content> times reports that <Speech_Female> <Content> iPhone maker wistron <Speech_Female> <Content> is exiting <Speech_Female> <Content> the Indian business <Speech_Male> <Content> after failing to make <Speech_Male> <Content> a profit. 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Messages <Speech_Male> <Content> will then have an edited <Speech_Female> <Content> tag next to <Speech> <Content> the timestamp. But <Speech_Male> <Content> recipients won't be <Speech_Female> <Content> able to see previous <Speech_Male> <Content> versions. <Speech_Male> <Content> Previously, what's <Speech_Male> <Content> up users either had to <Speech_Male> <Content> delete a message or <Speech_Female> <Content> just send another one altogether. <Speech_Male> <Content> And last <Speech_Female> <Content> year gave users <Speech_Female> <Content> 60 hours to delete <Speech_Male> <Content> a message up <Speech_Male> <Content> from 48. <Music> <Content> <Music> <Song> <Music> <Advertisement> For more <Speech_Music_Female> <Advertisement> discussion of the tech news of the <Speech_Music_Female> <Advertisement> day, subscribe to daily <Speech_Music_Female> <Advertisement> tech news show <Speech_Music> <Advertisement> dot com. You <Speech_Female> <Advertisement> can find show notes and <Speech_Male> links to all headlines <Speech_Music> <Advertisement> there as well. <Speech_Music_Female> <Advertisement> I'm Sarah lane. <Speech_Music_Female> <Advertisement> Thanks for listening. And <Speech_Music_Female> <Advertisement> we'll talk to you next time.
"wistron" Discussed on Mac OS Ken
"Vote wrote a note on January iPhone sales this week, though, very little of it made sense to me. Please allow me to read you one part. On a global basis, we estimate iPhone sells through in January was down about 11% year over year, 20.9 million. 700 basis points improvement from the 18% year on year decline in December, 22.6 million. Down 8% month over month following extensive supply chain disruptions late last year. If we extrapolate January 23 sell through, we estimate March 23 quarter sell through is tracking at about 52 million units in line with our sell in estimate. There were three more paragraphs that were even less intelligible, so you tell me. There was fellow Palmer duets Apple three that posted the note, I know I don't know everything, but I can usually pretty much follow notes like these. That was happy to read Elmer de witt's addendum, which said, must confess, I got lost in the details. Glad it wasn't just me. Here are two quotes that did make sense. iPhone strength in China and U.S. offset by weakness in Europe and while China sell through with solid, iPhone sell through improvement in the U.S., was more muted. He's not reaching for the parachute, though. Boat has a buy rating on Apple shares. He has said the UBS price target on this shares at 180 bucks. A somewhat easier to understand note comes our way from Jefferies analyst Kyle mcnealy. He thinks iPhone demand is better than the rest of Wall Street thinks based on the Internet. Apple three posted this one as well. It's got mcnealy saying web traffic to iPhone pages for the month of January at wireless carrier aside and apple dot com was up 2% month over month and down 23% month over month, respectively. Wireless carriers are the bigger channel. So overall, it's tracking ahead of normal historical seasonality down 30% quarter on quarter and street iPhone unit expectations. Down 21%. That plus the fact that people are going for the pro phones more than the others where the current iPhone line that's concerned have him expecting a bit of strength for the March quarter. Now I am not saying he's wrong. But hanging your hopes, your hat or anything else on web traffic feels tenuous, but these are the times in which we live. Quoting his note again, we see Paige traffic tracking ahead of expectations as a positive sign that Apple isn't seeing as much macro pressure as anticipated. At least through January. Nonetheless, we're keeping our estimates unchanged given we're still early in the quarter and any deterioration through March could derail the positivity. Shake it off tank, shake it off. Mister mcneely has a buy rating on Apple shares. He has said Jeffrey's price target on the shares at 195 bucks. While the world ponders the diversification of apple's supply chain, an interesting assertion from Apple and cider, that site sites data from the Indian technology site Inc 24 saying since the start of India's production linked incentive program in August of 2021, Apple has become the largest single job creator in the nation's electronic sector with 100,000 new positions. The site breaks it down to about 62,000 folks working for Apple contract manufacturers, Foxconn, pegatron, and wistron, the other roughly 40,000 work for component suppliers, such as salt comp. Small numbers compared to China to be sure. But it would be hard to argue that this train isn't picking up steam. Surprising news for a North Carolina Apple store Bloomberg says as the Cupertino company suddenly and unexpectedly closed its northlake mall store in Charlotte, North Carolina, permanently. The problem, a bit too much gunplay, it seems. Citing local news reports, Bloomberg says shots were fired outside of a Macy's at the north Lake mall on Tuesday, while another shooting took place in early February, there were additional shootings reported in December and in 2021. So not a rash decision. There was surprising one. Even to employees. The store actually opened for business Wednesday morning though employees were told that day that the store would be closing for good, effective immediately. It was apparently employees who said the shootings were the issue, Bloomberg says Apple confirmed the closure, but declined to comment further on the reasoning. Now the good news, despite the loss of a store, nobody is losing their job. The piece says Apple told employees that there will be no layoffs and that stop at the north Lake mall site would be transferred to the nearby South Park location in Charlotte or rolls working at the company's online store. Plans were already underway for a new store in Charlotte next year. Even before this week's closure, the new store was meant to replace the north Lake store, according to the report. More news in a moment, but first a word from today's sponsor collide and point security powered by people. I was so impressed when I first heard about collide. How they work to make your workplace safer by getting your workers on board with the whole security thing. Collide doesn't just tell them what they need to do, but it educates them as to why. No more IT chasing down smartphones and laptops. Collide gets your team bought in on securing your business. Now, if you're an octave user, collide can get your entire fleet to 100% compliance the same way.
"wistron" Discussed on Mac OS Ken
"You know how we all know that Apple is the most valuable company on the planet. I don't know about you, but I don't think we really grok it. According to a piece from 9 to 5 Mac, Warren Buffett's Berkshire Hathaway increased its position in Apple last quarter buying more than three $1 billion worth of the company's shares. I brought Buffett's position in Apple to 137 $1 billion, and that means Berkshire Hathaway controls 5.8% of apple's outstanding shares. $137 billion worth is less than 6% of Apple shares outstanding. I know it's a lot of money, but I don't think we really grok it. Despite liking apple as much as he appears to, Buffett decreased his position on a Big Apple supplier, according to 9 to 5 Mac Berkshire Hathaway cut its TSMC investment by a vertigo inducing 86% dropping from 60 million shares down to 8.29 million shares. The firm shares of TSMC are said by the beast to be worth just under $618 million, which sounds like a lot of money until you hear that 137 billion thing. Only 50% of iPhone casings made in India meet apple's quality standards read the headline for Mac rumors. 50% rejection rate for iPhone casings produced in India shows scale of apple's challenge, according to a headline from 9 to 5 Mac, apple's India production dream hindered by low yields and a lack of urgency reads one from Apple and cider, aside from a certain cynicism, what do they all have in common? They all spring from an article in Financial Times under the headline, apple's manufacturing shift in India hits stumbling blocks. As is so often the case, the news here is not the news, but the negativity. Not the Financial Times piece was overly negative. Neither was the headline really, I mean, hit stumbling blocks is certainly not as bad as it's a wall, let's say, the problem with the headlines focusing on the 50% rejection rate. Well, they were actually a couple. First, it is decidedly negative. Despite the source material, not being decidedly negative. Props, by the way, to Apple must, which went with the headline, apple in India, culture shock, and the steep learning curve. The other problem with the 50% rejection rate headlines, the Financial Times, sites one unnamed source in sharing it. Here is the quote in the casings factory and Ho Sur, run by Indian conglomerate Tata, one of apple's suppliers, just about one out of every two components coming off the production line is in good enough shape to eventually be sent to Foxconn, apple's assembly partner for building iPhones according to a person familiar with the matter. Just about one out of every two it says, according to a person, familiar with the matter. And there's your headline. Again, props to Apple must. It's not that everything is roses and rainbows, pulling a few less than stellar points from the Financial Times article. A former Apple engineer briefed on the matter says there just isn't a sense of urgency, a person involved in apple operations said the process of expanding to India is slow in part because of logistics, tariffs, and infrastructure, then there was Mark zadar president of venture outsource who indicates that contract manufacturers in India over promise and under deliver. Anyway, that was his finding 5 years ago when he ran research for the Indian think tank, gateway house. In the same report, ju Wong, a consultant at Bain, says it's still early days for apple's manufacturing expansion in India. Comparing the process to what's going on in China, the consultant said, everybody acknowledges there will be different efficiency, but it is happening. And that tips us to the positive side. Bane estimates that manufacturing exports from India could more than double from $418 billion in 2022 to more than $1 trillion in 2028. Silicon Valley big thinker Vivek won was India's central government is encouraging businesses to take advantage of apple's need to diversify from China, he says that has provincial governments bending over backwards to bring industry in, according to wawa, apple is now getting its feet on the ground, learning what does and doesn't work, give it three years, and you'll see it scaling up. And Indian conglomerate Tata wants to be a bigger player in Apple manufacturing that includes trying to buy a formerly troubled iPhone plant from wistron rather than forging a 50 50 partnership with the Taiwanese company. Then there are stories that we have covered here before. Also highlighted in the Financial Times report. They include India's government giving a green light to apple's Chinese components suppliers to begin operation in India and Apple CEO Tim Cook saying on the Cupertino company's most recent earnings call that the Indian market is hugely exciting that it is a major focus of the company that Apple plans a retail push of its own in the country soon and that he is very bullish on India. But please build your headline on the one squishy figure from the one unidentified source. If you have held off on updating your Apple gear because of the Google photos issue, go ahead and update, then update again. I told you yesterday about Apple releasing iOS 16.31. iPadOS 16.31 and macOS 13.21 among others, those three were particularly important because those three plugged the security vulnerability that was reportedly being actively exploited by bad guys. That should be reason enough to update, though the updates came with a bit of bad news for iPhone and iPad, they broke the apps for Google photos. A piece from mock rumors had people on social media and other news sites saying that the Google photos app was crashing as soon as they tried to open it once the iOS and iPadOS updates were installed. The question Monday was whether it was a thing Google could fix on the back end or something that would require an update. That question has been answered. According to a piece from I download blog, Google on Tuesday released an emergency Google's photo update that resolves the constant crushing the update is now live on the App Store. So anyone on iOS 16.31 who downloads the app new won't ever see the crashing.
"wistron" Discussed on Bloomberg Radio New York
"New Zealand has a new prime minister. Chris hipkins has been sworn in, completing the handover from Jacinda Ardern. He's expected to hold a news conference at some point. Germany and U.S. have reached agreement to get heavy tanks to Ukraine, Germany, the leopards, Abrams from the U.S., Switzerland has taken a crucial step toward allowing others to re export armaments produced in Switzerland and send them to Ukraine. The head of the World Health Organization says he's concerned about China COVID cases and death count after the abandoning of COVID zero. FDA, meanwhile, is rolling out procedures for annual COVID vaccines, most probably one for COVID and one for the flu to begin with. Classified documents have been found former U.S. vice president Mike Pence home in Indiana. They were immediately taken to the national archives. The U.S. Department of Justice has joined 8 states today to file civil lawsuit against Google for it says designing a monopoly on digital advertising technologies and the film everything everywhere all at once leads the Oscar nomination pack with 11. In San Francisco, I'm Ed Baxter, this is Bloomberg back to Singapore Michelle. Thank you, mister Ed. Apple is looking to boost production in India to about a quarter of its global total and joining us now as Peter alstrom, Bloomberg executive editor for Asia technology, good morning Peter or certainly some big news here, especially for all those watching companies pursuing that so called China plus one strategy where will they go many boosting production out of Southeast Asia where I am India has been a big question mark. And we note that this story, you show that India's trade and industry minister is the one reporting this. Did you feel this was a big surprise and how durable do you think these plans are? Well, you're exactly right. I mean, just stepping back a little bit, many companies are looking for alternatives to China for a number of reasons. And you partly because of the rise in pensions between the U.S. and China and also because of the Communist Party's policies during the COVID pandemic we truly recap the bunch of the production, including some of apple's most important planets within China. So Apple and its partners have been looking at expanding a number of different regions India is probably the most important one, although they're also looking at genomics and other areas that the Indians have been working very hard to bring in more manufacturers and compete for some of this business. Apple is willing to go over the tech industry and this valuable company, of course, out there. And it has said that it's based in this production. But it hasn't really given any quantitative figures so far. We use this reported that Apple is looking at new business much as 20% of its production to India and now you have in these trade and industry minister pios goyal saying that he thinks it could be 25% of the manufacturing. So it's a bit more aggressive than what we've heard in the past. It was questions about what the prospects are long-term for Apple in India. How much do we know about whether or not this is being driven more by Apple or by the suppliers Foxconn pegatron and wistron? Of course, apple is key suppliers, as you mentioned Foxconn, petrona was trying to really the key suite that are working on iPhones and many of the other Apple products. They look very tightly together. What they generally government has been doing is offering financial incentives to bring in these high-tech manufacturers ultimately those companies. Have been able to get financial incentives from the Indian government and with that comes from commitments to be able to build up domestic capacity. They want to see, of course, make iPhones and other products for the domestic market. But they also want these companies to invest enough that they be able to begin using India as an export base to ship those products into other countries too, which is very much competing with China for that kind of business. Peter, thanks very much, very interesting story and thanks for joining us here live on Bloomberg day break Asia. Peter L strummed Bloomberg executive editor for Asia
"wistron" Discussed on Talentos para o Sucesso
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Wistron Increasing iPhone Production in India
"As being of India apples push on the subcontinent continues. macrumors says the Cupertino. Thirteen companies manufacturing partner. WISTRON is set to start making an important part for iphone in India according to the peace a Western plant plant opening in April outside of Bengal. Aroo this at the start making printed circuit boards or PCB's for Iphone A.. P. C. B.'s. Where processors assessors memory storage and other such components live in the device? They usually account for about half the cost of a smartphone. According to the report if apple can source those from India instead of importing them it could save a ton on tariffs imposed by prime minister. Narendra Modi's government to boost local manufacturing and create new jobs over the weekend Modi's administration announced that beginning in April it's hiking the import tariff on populated. PCB's from ten percent to twenty percent making westerns timing. Well timely I guess
Apple starts shipping India-made iPhones to European markets
"Big news for Apple and India to end the week I that country's economic times says iphone six as an iphone seven units made in India are now being exported to the European markets contract manufacturer wistron is said to be cranking those out the way the report sees it the move to use India as an export hub would bear well for both the country and apple while it would cement India's position edition isn't attractive destination for foreign investment for not just domestic market but also exports apple would benefit by fulfilling requirements for other markets from outside China its largest base for contract manufacturing for iphones phones of course China has been a dicey proposition of late. Thanks to the heating and Cooling and heating trade war between the country and the U._S.. Economic Times reminds readers of recent reports that had apple apple asking suppliers such as Wistron Foxconn and Petron to see about moving fifteen percent to thirty percent of their apple production out of China. Thanks to the simmering trade war. The peace has industry watchers. Archer saying they think apple is treating India more as a production hub than a significant market. It is worth remembering though that's pretty much how apple treated China back in the day as well. It's kind of an inspiring collection of gears ears and springs. If apple can rent production of iphones out of India that avoids some potential tariffs impossible blow back from the Chinese government at the same time it can stop paying import tariffs on iphones coming into India India because hi there being made in India that increased production could attract more manufacturing to India which means more jobs leading to fingers crossed a better standard of living ending with more people able to afford this stuff that apple's making but wait. There's more quoting the report apples local business will also benefit from scaling up manufacturing operations helping it avoid import duties thus allowing it to price its devices lower or invest the cost savings and it's retail chain besides scaled up local manufacturing could help apple meet local sourcing norms that are a pre requisite for opening its own stores in in India but wait. There's still more call to Mac highlights or Reuters report. That says Foxconn is ramping up production of iphone tennis an IPHONE ten are in India with an eye toward selling them on the subcontinent the way the colts sees it. The phones will be less expensive than imported units and might improve apple's sales in the huge potential market kind of exciting. I mean most people in India will not be able to afford an iphone. Ten are even one made in the country but by dodging the import tariff more people will be able to afford one then can currently by this Nellie while the colts has apple will sell the two thousand eighteen iphones in India the Economic Times piece as apple plans to export between seventy percent and eighty percent of the two hundred fifty thousand late model iphones. It's heard Foxconn will produce in India. India each month put the Foxconn iphone ten s ten our stuff and the maybe pile the economic times piece attributes that news to industry watchers while Reuters attributed two unnamed sources but there are too many good reasons for apple and Foxconn to Wanat and too many heads said they'll try for it to completely discount talk.
Apple may start making iPhone 6S Plus in India to slash its prices
"Rumor and speculation of a new round of old phones being built call to mock highlights report from the economic times out of india that says the cupertino company may be building phone six s plus there soon quoting the cult the fire in your eyes keeps me alive now quoting cult of mac partner wistron has already started trial production of the iphone six s plus at its banglore plant where it's been assembling the iphone s e since last year sources say mass production will begin in the next couple of weeks megaphone in india should allow apple to drop the price of the device by five percent to seven percent according to the report the p says that should make phone six s plus more competitive alongside devices from the likes of samsung and one plus which are popular in india as a result of their more affordable price tag nothing official on this by the way the economic times gets it it's word mcconnell of nameless people said to know something about something another bad prediction for home pod sales after a bloomberg report last week of slow sales production cuts and piling inventory nine to five mac as even more bad tidings around the device the peace has kgi securities analyst mingji quo stating he thinks apple could sell between two million and two point five million of the smart speakers across all of twenty eighteen worse than that he figures the first million were sold in the first month to people who'd been waiting for the device to launch nine to five macs as most analysts predicted sales for home pot around ten million a year so close prediction is quite pessimists dick he says the high price is cut off a lot of the potential market and the face of tough cheaper competition and that up is mulling a lower cost model of course knowing whether he's right will be nearly impossible apple's not expected to break out sales of home pod nine to five max they'll be.
Boeing Hit by Cyberattack, Says Jetliner Production Not Affected
"Daybreak asia let's get you caught up on market action we had word a short while ago that boeing has been hit by the wannacry computer virus this is according to the seattle times it's raising fears about production of the seven seventy seven widebody and boeing's seven eighty seven dreamliner in terms of final assembly other corporate news well we were talking about takeda pharmaceutical the japanese firm considering its biggest takeover ever a bid for shire pharmaceutical but chair saying that it has not been formally approached we have takeda shares in the tokyo session down about five percent we had a much weaker yen in new york trading right now dollar yen one oh six eighty seven that's helping to send the nikkei higher by about one percent mega cap tech weakness in the states how will this impact trading in hong kong and the mainland let's find out we'll go to beijing check in with bloomberg's emma o'brien good morning emma hi there doug well we are looking at a very mild rebound in hong kong and mainland chinese markets with equity index futures up into the senate point two two point four percent we continue to get earnings rolling in with bank of china bocom and china eastern airlines some of the main ones on the block today but we'll be keeping an eagle eye on apple supplies that means the likes of afc technologies hagi tron wistron compal electronics goldman analysts cut esma estimates for the number of iphones apple will release in the first and second quarters which will add to precious on the stocks that are already under pressure from the tech selloff doug.