Business

With growing demand for iPhone casings, Tata Group is doubling production capacity at the Hosur plant

The Tata Group is hard at work expanding its Hosur-based iPhone-casing operation, hoping to double the current plant’s footprint. With an investment of Rs. 5,000 crore and spanning 500 acres, the modern Hosur facility is home to more over 15,000 workers. It is anticipated that after the expansion, the workforce will increase significantly to 25,000–28,000…

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Apple is said to be cutting production of its upcoming iPhone SE by 20%

According to Nikkei Asia, Apple is reducing production of its new affordable iPhone SE due to lower-than-expected demand. According to the journal, Apple has requested suppliers to reduce manufacturing of the iPhone SE, its new $429 affordable 5G phone, by roughly 2 million to 3 million devices, or about 20% of initial orders. According to…

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