Nikkei said in November that while Apple reportedly asked Foxconn and fellow contract manufacturer Pegatron to explore the idea of making iPhones in the US, the odds of any big shift in production are still low.
In the report, Nikkei cites "sluggish" global sales for the iPhone 7 as the main reason behind the move.
Numerous firm's loyal customers are believed to be swerving the modest update served up in September. Therefore, this would be the second consecutive year where the company would pull back its production. As more and more people get acquainted to swift, the developer community surrounding Apple's ecosystem will also grow, leading to more apps and content for Apple products including iPhones, Apple Watch and TV.
iPhone 8 vs Galaxy S8 looks to be the smartphone battle of 2017: Who's your money on? The report pointed out that by locally manufacturing its products, Apple will be able to price them more aggressively as it will be exempt from the 12.5 percent additional duty. Foxconn is also an Apple supplier, which means, future iPhones will be manufactured by robots.
The Asia-focused publication also believes that Apple is facing increasing challenges in creating attractive new feature for their customers. Consequently, Apple shares traded in red, plunging about 0.78%, during active trading yesterday.
Interestingly, the Foxconn's Zhengzhou factory, which is now the largest production facility of the company, is now in the second stage of automation.
"Apple is one of the most underappreciated stocks in the world and has underperformed the market since the end of 2014", White said in a report.
Setting up facility is not the first biggest announcement Apple made for India.
The finance ministry had rejected an earlier proposal by Apple to set up wholly owned outlets in India, which sought exemptions from the compulsory 30 per cent local sourcing norm.
While Spurs continue to battle for a top-four place, the Saints sit in eighth, nine points adrift of their opponents on Wednesday. TOTTENHAM comfortably inflicted a second home defeat of the season on Southampton despite Harry Kane's very bad missed penalty.
After the plane landed in Los Angeles around noon on Thursday, the 60-year-old was transported to a nearby hospital. Once on the ground she was rushed to hospital and is now on a ventilator at the UCLA Medical Center in Los Angeles.
Like any professional athlete, Ronda Rousey sees her sport as her life's work-and she's pretty damn good at it. That's the reason the rest of the pay-per-view (PPV) cast has had to do the heavy promotional lifting.
She leaves behind a younger brother, Todd Fisher, and two half-sisters, Joely Fisher and Tricia Leigh Fisher. The pair had been in a relationship for five years, but they divorced just a year after tying the knot.
He apologized earlier this week, saying he was "certainly not a racist" and would not step down from the school board. In a special meeting called to discuss Paladino's comments , board members voted 6 to 2 to call for his resignation.
From today, Wii U owners will be able to download Mario Kart 64, perhaps the most esteemed title in the storied racing franchise. Yet another change is the split screen mode when a team of four players joins hands to play the game.
Under Edsall, UConn had a traditionally strong running game, producing 1,000-yard rushers such as Donald Brown and Jordan Todman. But he's also the same Randy Edsall who walked out on the program after the biggest game in school history.
The baby, which was due around late spring, would have been the Queen and Duke of Edinburgh's sixth great grandchild. The Queen's granddaughter, Zara Tindall, and her husband Mike have disclosed that they have suffered a miscarriage.
Takata weighing $1B criminal settlement
The scandal-ridden airbag maker is preparing to file for bankruptcy, Japanese news outlet Nikkei reported last month. Department of Justice to resolve allegations of criminal wrongdoing related to its faulty air bags.