|Bid||N/A x N/A|
|Ask||N/A x N/A|
|Day's range||3.2000 - 3.2000|
|52-week range||3.2000 - 4.1800|
|Beta (5Y monthly)||0.74|
|PE ratio (TTM)||10.00|
|Forward dividend & yield||0.17 (5.44%)|
|Ex-dividend date||01 Jul 2022|
|1y target est||N/A|
Apple has started producing its iPhone 14 in India just three weeks after the release of the smartphone line-up, a significant win for the south Asian country as it attempts to grab a bigger piece of the global electronics supply chain. Apple said on September 26 that it was “excited to be manufacturing [the] iPhone 14 in India”. It is the first time that Apple has started producing its newest phones outside China so soon after their launch.
Apple has begun producing its iPhone 14 model in southern India less than a month after it was launched, as the company works to diversify its supply chains out of China and expand production in India. “We’re excited to be manufacturing iPhone 14 in India,” the company said in a statement on Monday. Apple’s Taiwanese contract manufacturers already assemble some of the company’s existing models in India.
NEW DELHI (Reuters) -Vedanta Ltd and Taiwan's Foxconn will invest $19.5 billion under pacts signed on Tuesday to set up semiconductor and display production plants in Gujarat, the home state of Indian Prime Minister Narendra Modi. Reuters was first to report on Monday that the joint venture obtained subsidies including on capital expenditure and electricity from Gujarat to set up units near the western state's largest city, Ahmedabad. The showpiece investment of 1.54 trillion rupees, which Gujarat said was the largest ever by any group in an Indian state, comes ahead of key local elections in the state where Modi's ruling group is facing a tough challenge from opposition parties.