Apple might shift a quarter of iPhone production to India by 2025
Wed, Sep 21, 2022 5:32 PM

Apple might shift a quarter of iPhone production to India by 2025

A Flip by Shruti
Get it on Google Play
As per J.P.Morgan analysts, Apple Inc might start making one out of four iPhones in India, by 2025. As the tech giant shifts some of its production out from China, due to rising geopolitical tensions and strict COVID-19 restrictions. The brokerage is expecting Apple to drive about 5% of iPhone 14 production in India from late 2022.

More great flips

Why Philips Shares Are Trading Higher By 37%; Here Are 20 Stocks Moving

Why Philips Shares Are Trading Higher By 37%; Here Are 20 Stocks Moving

Shares of Koninklijke Philips N.V. PHG rose sharply in today's pre-market trading after reporting first-quarter results. The company also resolved the respironics personal injury and medical monitoring litigation in the US for $1.1 billion. Koninklijke Philips shares jumped 37.1% to $28.87 in pre-market trading. Here are some other stocks moving in pre-market trading.

Open Flip
US Fed meet ahead: What do dimming rate cut hopes mean for Indian stocks

US Fed meet ahead: What do dimming rate cut hopes mean for Indian stocks

US Fed meet ahead: Even though the market seems to have fairly discounted the possibility of no rate cuts in the near future, all eyes are on the US Fed policy meeting outcome this week to get a cue on what the central bank thinks about the recent macro data on growth and inflation.The FOMC (Federal Open Market Committee) interest rate decision is due on Wednesday, May 1.

Open Flip
Racks & Rollers IPO opens on April 30: Check GMP, price band, issue size

Racks & Rollers IPO opens on April 30: Check GMP, price band, issue size

Racks & Rollers IPO price band has been set in the range of ₹73 to ₹78 per equity share of face value of ₹10 each. Racks & Rollers IPO will open for subscription on Tuesday, April 30, and close on Friday, May 3. Racks & Rollers IPO lot size consists of 1,600 shares. Minimum application size of 1,600 equity shares and in multiples of 1,600 equity shares thereafter.

Open Flip

Join our Smart Investment Community

More than 1 Million users are using FlipItMoney to stay updated about the business and finance world! Join FlipItMoney now and take smart investment decisions!
Icon