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How the iPhone-maker is scaling the world's second-largest smartphone market

April 30, 2023
Source: finance.yahoo.com finance.yahoo.com
News Snapshot:
As Apple (AAPL) expands to India for the first time with two new retail stores, the iPhone maker is trying to adopt a firm position in the second-largest smartphone market, bolstering its manufacturing presence and market share among consumers. On the manufacturing side, Apple is looking to add a "Made in India" label to its iPhones that are predominantly made in China. “We are, in essence, taking what we learned in China years ago and how we scale to China and bringing that to bear,” Apple CEO Tim Cook said in an earnings call, noting that iPhone exports from India...
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