Tag: electrical components

Apple Aims to Make a Quarter of the World’s iPhones in India
World

Apple Aims to Make a Quarter of the World’s iPhones in India

Updated Dec. 8, 2023 12:01 am ETApple and its suppliers aim to build more than 50 million iPhones in India annually within the next two to three years, with additional tens of millions of units planned after that, according to people involved.If the plans are achieved, India would account for a quarter of global iPhone production and take further share toward the end of the decade. China will remain the largest iPhone producer.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Apple Aims to Make a Quarter of the World’s iPhones in India
Technology

Apple Aims to Make a Quarter of the World’s iPhones in India

Apple and its suppliers aim to build more than 50 million iPhones in India annually within the next two to three years, with additional tens of millions of units planned after that, according to people involved.If the plans are achieved, India would account for a quarter of global iPhone production and take further share toward the end of the decade. China will remain the largest iPhone producer.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
iPhone Maker Braces for China’s Ire Over Founder’s Taiwan Presidential Bid
Technology

iPhone Maker Braces for China’s Ire Over Founder’s Taiwan Presidential Bid

Updated Nov. 14, 2023 10:20 am ETFoxconn Technology, one of Apple’s biggest suppliers, said it has contingency plans in case the company faces repercussions in China over its founder’s bid for the Taiwan presidency. Terry Gou, who has stepped down from executive roles at the company but still holds more than 12% of its shares, qualified on Tuesday to run January’s poll after the election commission said he had obtained more than 900,000 valid voter signatures, three times the number required to become a candidate.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
I Visited Over 120 EV Chargers: Three Reasons Why So Many Were Broken
Technology

I Visited Over 120 EV Chargers: Three Reasons Why So Many Were Broken

Listen to article(2 minutes)New World Record: Most Patient EV ChargerDetails of Achievement: Over the course of 48 hours, with few naps or bathroom breaks, Joanna Stern examined more than 120 non-Tesla EV fast-charging stalls across Los Angeles, battling out-of-order signs, payment issues and bad “handshakes.”Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
iPhone Maker Braces for China’s Ire Over Founder’s Taiwan Presidential Bid
World

iPhone Maker Braces for China’s Ire Over Founder’s Taiwan Presidential Bid

Updated Nov. 14, 2023 10:20 am ETFoxconn Technology, one of Apple’s biggest suppliers, said it has contingency plans in case the company faces repercussions in China over its founder’s bid for the Taiwan presidency. Terry Gou, who has stepped down from executive roles at the company but still holds more than 12% of its shares, on Tuesday qualified to run in January’s poll after the election commission said he had obtained more than 900,000 valid voter signatures, three times the number required to become a candidate.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Schneider Electric Backs 2023 Targets After Flat Third-Quarter Revenue
World

Schneider Electric Backs 2023 Targets After Flat Third-Quarter Revenue

Schneider Electric has backed its full-year outlook after reporting flattish third-quarter revenue that was just shy of analysts’ expectations.The French energy-management and automation group said it made 8.79 billion euros ($9.29 billion) in revenue during the three-month period, compared with €8.78 billion a year ago.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Why the Shine Has Come Off Clean-Energy Stocks
Money

Why the Shine Has Come Off Clean-Energy Stocks

Clean-energy stocks have fallen out of favor, with pressures created by rising interest rates outweighing supportive government policies.  The iShares Global Clean Energy ETF reached its lowest level since July 2020 this week. The exchange-traded fund invests in renewable-energy companies and utilities in line with a benchmark compiled by S&P Dow Jones Indices, including First Solar and Plug Power. It has plunged 32% this year.  Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Investor Doubts About China Worsen Its Stock Rout
Money

Investor Doubts About China Worsen Its Stock Rout

A major Chinese stock-market benchmark sank to its lowest level in more than four years, signaling deep pessimism among global and domestic investors in the country. The CSI 300 index, which is made up of shares of the most valuable companies listed in Shanghai or Shenzhen, dropped 1% on Monday to a closing level last seen in February 2019. It was a fourth consecutive day of declines for the benchmark, which has lost more than 10% this year. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Apple Supplier Foxconn Faces Chinese Investigations
World

Apple Supplier Foxconn Faces Chinese Investigations

Foxconn Technology Group, one of Apple’s biggest suppliers, said it is cooperating with Chinese authorities after Chinese state media said the Taiwan-based contract electronics maker, whose founder is seeking the Taiwan presidency, is subject to tax and land-use investigations across China.China’s state-backed Global Times reported on Sunday that Chinese tax authorities are scrutinizing Foxconn’s facilities in southern Guangdong province and eastern Jiangsu, while natural-resources authorities are conducting on-site investigations into the company’s land use in Henan and Hubei provinces. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8