"Premiumization has started in the world’s second largest smartphone market and Apple has again got the timing right."
Read More Counterpoint: Apple Sees Highest Ever Smartphone Shipments in India
From Meha Agarwal's "Apple India Revenue Nears $6 Bn Milestone In FY23" posted Monday by Inc.
Read More Apple's revenue in India grew a remarkable 48% in fiscal year 2023 — report
WSJ: Why Apple needs Luxshare
3 years ago
3 years ago"On Wednesday, Cook made a surprise visit to Luxshare’s Apple Watch factory near Shanghai and praised the assembler’s work in making Apple’s most advanced products."
“What we do in this factory is not what we studied for." — One young female worker
Read More TIME visits an iPhone factory in Sriperumbudur, India
"We will work even harder to present you with a greater birthday gift next year, aiming for another doubling of employment, FDI, and business size in India." — Foxconn's V Lee in a birthday message to Prime Minister Narendra Modi
Read More Apple supplier Foxconn to double its India operations within a year
From Sankalp Phartiyal's "Apple Supplier Foxconn Begins iPhone 15 Production in India" posted Wednesday by Bloomberg.
From "India Smartphone Market Declines by 10% YoY in 1H23 with 64 million units, Says IDC" posted last week.
Read More IDC: iPhone sales grew a 'massive' 61% in India's shrinking market
"Apple generates most of its revenue from two markets that aren’t growing—smartphones and PCs."
Read More Barron's: The question for Apple is not what but where
From a note to Morgan Stanley clients that landed on my desktop Monday.
Read More Morgan Stanley: India to account for 100% of smartphone growth
"India will be just as important to Apple's growth algorithm over the next 5+ years as China was in the last 5." — Analyst Erik Woodring
Read More Morgan Stanley raises Apple target $30 to $220 on strength of Indian market
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