April 10, 2024

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Latest April 10, 2024

Apple Ramps Up iPhone Production in India, Fostering Supply Chain Diversification Amidst Geopolitical Tensions

Key Points: Apple has ramped up iPhone production in India, signifying efforts to diversify its manufacturing base amidst escalating tensions between the U.S. and China. India now accounts for approximately 14% of Apple's iPhone production, doubling the output from the previous year. Pegatron, Foxconn, and Wistron are among the key manufacturers contributing to Apple's increased...

TSMC Reports Record Monthly Revenue Surge Fueled by AI Chip Demand

Key Points: TSMC reports a record surge in monthly revenue for March, driven by AI chip demand. March revenue reaches 195.2 billion new Taiwan dollars. March's monthly revenue increased 34.3% year over year. The first quarter's revenue totals 592.6 billion new Taiwan dollars, up 16.5% year over year. TSMC remains a key player in the...