ET reported on Thursday that Apple's contract manufacturers are expected to make iPhones worth ₹47,000 crore in India this fiscal, the second year of the production linked incentives (PLI) scheme that started in April. This will be almost five times the ₹10,000 crore worth of iPhones made in the country in FY22 by Foxconn and Wistron.
ET reported on Thursday that Apple's contract manufacturers are expected to make iPhones worth ₹47,000 crore in India this fiscal, the second year of the production linked incentives (PLI) scheme that started in April. This will be almost five times the ₹10,000 crore worth of iPhones made in the country in FY22 by Foxconn and Wistron.
“We are really excited about the momentum and the growth in India, and I know that with our AR platform, in particular, it's been amazing to see so much enthusiasm from the community there,” Murphy said.
Meta CEO Mark Zuckerberg also said that the company would scale back costs and was investing in artificial intelligence tools to improve recommendations and ads, a sign Meta is buckling down to make money while working on its long-term ambitions to build the metaverse.
Musk tweeted he disagreed with a decision Twitter made in 2020 to restrict the distribution of a New York Post article about U.S. President Joe Biden's son, Hunter. The billionaire, who has about 87 million Twitter followers, called the company's decision to lock the Post's account on the platform "incredibly inappropriate."
Meta CEO Mark Zuckerberg also said that the company would scale back costs and was investing in artificial intelligence tools to improve recommendations and ads, a sign Meta is buckling down to make money while working on its long-term ambitions to build the metaverse.
. This has prompted several new-age companies, from Unacademy to Meesho, to lay off employees as they look to cut costs and get back to basics now that the Covid-fuelled funding party is well and truly over.