يحاول ذهب - حر

China bug for iPhones

July 05, 2025

|

Financial Express Kolkata

Foxconn's move to recall Chinese workers is yet another reminder of the skill famine in India

Apple's largest iPhone assembler Foxconn's move to recall hundreds of Chinese engineers and technicians from its iPhone factories in India is unfortunate. The Foxconn move is the latest example of how China is determined to curb technology transfers and exports of equipment to India and other South-east Asian nations as it seeks to protect its manufacturing base and prevent other countries from growing theirs. Whether this is a breach of contractual agreements will be sorted out later, but in the meanwhile, the setback to Apple, which has been scaling up exports of phones from India, and was readying to ramp up production of the iPhone 17, is undeniable. Both the quality of production and the efficiency of the assembly lines would be impacted. Nearly all the iPhones exported by Foxconn from India went to the US between March and May, customs data showed, far above the 2024 average of 50%.

المزيد من القصص من Financial Express Kolkata

Financial Express Kolkata

IndiGo hires global expert to probe flight disruptions

AIRLINE APPOINTS CHIEF AVIATION ADVISORS LLC TO CARRY OUT REVIEW

time to read

1 mins

December 13, 2025

Financial Express Kolkata

Mexico duty to hit 75% of exports: GTRI

MEXICO'S DECISION TO hike tariffs on imports from India by upto 50% will impact 75% of the $5.75 billion worth shipments to the country, according to an analysis by Global Trade Research Initiative (GTRI).

time to read

1 min

December 13, 2025

Financial Express Kolkata

Intel tests chipmaking tools linked to China

INTEL, HAS TESTED chipmaking tools this year from a toolmaker with deep roots in China and two overseas units that were targeted by US sanctions, as per two sources with direct knowledge of the matter.

time to read

1 min

December 13, 2025

Financial Express Kolkata

Guaranteed rural job days to be hiked

IN ITS REPORT, tabled in March 2025, the parliamentary standing committee on rural development and panchayati raj had advocated increasing guaranteed workdays from 100 to 150 and raising wages to at least 400 per day.

time to read

1 min

December 13, 2025

Financial Express Kolkata

The future of Trump tariffs

IT REMAINS UNCERTAIN AS THE WORLD AWAITS THE PRONOUNCEMENT OF US SUPREME COURT

time to read

4 mins

December 13, 2025

Financial Express Kolkata

Sebi ends insider trading case against Pranav Adani

MARKETS REGULATOR SEBI on Friday cleared Pranav Adani, a director in several Adani Group companies and nephew of Adani Group chairman Gautam Adani, of allegations that he shared price-sensitive information and violated insider-trading rules.

time to read

1 min

December 13, 2025

Financial Express Kolkata

SBI reduces lending rates after RBI rate cut

STATE BANK OF India (SBI) on Friday revised its lending rates following the Reserve Bank of India’s latest 25-bps reduction in the repo rate.

time to read

1 min

December 13, 2025

Financial Express Kolkata

Gauging AI impact on growth, job losses

While offering a starting framework, two Niti Aayog reports overlook the potential of AI as a digital public infrastructure good

time to read

4 mins

December 13, 2025

Financial Express Kolkata

Food inflation in negative zone for sixth month

RETAIL FOOD INFLATION remained in the negative zone for the sixth consecutive month in November when it came in at (-) 3.91%, largely driven by base effect and subdued prices of vegetables, cereals, pulses, meat, eggs and spices.

time to read

1 min

December 13, 2025

Financial Express Kolkata

ICICI Pru AMC issue booked 72% on first day

THE INITIAL PUBLIC offering (IPO) of ICICI Prudential AMC, the second-largest mutual fund house by assets, was subscribed 72% on the first day of the bidding on Friday.

time to read

1 min

December 13, 2025

Listen

Translate

Share

-
+

Change font size