Tuesday, 3 January 2017

India says it won't give in to any more demands from Apple

For its fiscal fourth quarter ended in September, Apple reported that sales in China declined by 30% on a sequential basis. But Apple had already seen the writing on the wall, and was hoping to sell the iPhone, iPad and Apple Watch in another region where smartphone sales are hot. That would be India, the second fastest growing market for smartphone sales in the world.

The Indian government had given Apple and other tech companies some concessions last year. The country relaxed a regulation that required foreign tech companies to locally source 30% of products sold in a single brand store, ...

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