The majority of Apple’s production takes place in China, India, and Vietnam, where the company relies on partners like Foxconn and its factories. Tech companies have laid off more than 186,000 employees (including Accenture’s announced 19,000 layoffs) so far this year, surpassing 2022’s total of 164,411 tech layoffs, per Layoffs.fyi.
Article
| Apr 5, 2023
Apple, whose iPhone 14 supply was constrained by China’s factory closures, is looking to expand into India. Decreased demand could slow down expansion plans. Smartphone industry faces challenges: The average length of phone ownership is increasing, with the majority of people holding on to their current model for more than three years, per IEEE.org.
Article
| Jan 27, 2023
With struggles to make inroads into coveted markets like India and the aforementioned password drama, an ad-supported Netflix tier is not a question of if, but when.
Article
| Mar 31, 2022
Cryptos: India will beat other countries to the punch and become the next major market to launch a CBDC in 2022. Consumers in India have a big appetite for cryptocurrencies: In November, crypto investments in the country hit a whopping $10 billion, up from $923 billion in April 2020, according to CREBACO.
Article
| Jan 3, 2022
TikTok parent Bytedance already owns Resso, a music streaming service available in Brazil, India, and Indonesia, which currently offers podcasts from hosts like Libsyn. Will it work? When we identified the different directions TikTok could take to develop a super app, music was one of the possibilities we named.
Article
| Oct 18, 2022
A Reuters investigation into Amazon’s India business in October found documents showing it had intentionally used non-public, third-party data to create copycat products.
Article
| Apr 7, 2022
Apple has recently diversified production outside of China to India and is urging suppliers to follow suit. Component stockpiles, supplier relationships, and a tight control over its global supply chain have enabled Apple to sustain production despite shortages.
Article
| Oct 11, 2022
Disney+ Hotstar, the version of Disney+ available in India, lost 6% of its subscribers in one quarter, though ARPU increased 16 cents to 74 cents. Disney’s somewhat lackluster streaming results were buoyed by strong parks and box office performances.
Article
| Feb 9, 2023
Sixty-nine percent of users in the US, the UK, India, United Arab Emirates, and Hong Kong couldn’t send messages, 24% had troubles with server connections, and 7% had problems with the overall app. WhatsApp for Business, the company’s corporate messaging solution, similarly saw a spike in user complaints. Meta acknowledged the outage was a result of an error on their part.
Article
| Oct 26, 2022
Article: Payments powerhouses in China and India face regulatory crackdowns.
Article
| Mar 21, 2022
Coronavirus-related factory closures in China have led to reduced profits, even as Apple accelerated plans to move production to India and Vietnam. The tight integration between Apple software and hardware has resulted in unparalleled design and performance for iPhones, iPads, and Macs. Making its own radios, displays, and components will result in even more integrated devices.
Article
| Jan 13, 2023
Looking abroad, it launched a partnership with Bengaluru-based cargo airline Quikjet to launch its Amazon Air air freight service in India. The big takeaway: Amazon is in the midst of its most difficult stretch in decades. While it is taking steps to correct its course, turning around such a large company takes time.
Article
| Feb 2, 2023
Ikea India similarly plans to source more products locally, per Reuters. Others have shifted manufacturing beyond China. The US import value from China decreased from 66% of the total in 2018 to 55% at the end of 2021, per Kearney’s China Diversification Index.
Article
| Jun 22, 2022
Apple, one of many US companies seeking to diversify away from China, is running up against production speed and quality problems at plants in India. Tensions between the US and China could escalate faster than China’s production expertise can be replicated elsewhere.
Article
| Feb 16, 2023
As part of a 227% increase in Asia Pacific employers hiring remotely, Singapore’s tech industry has also been hiring internationally for tech roles, with 11% of talent based in the US, 11% in the Philippines, 9% in India, and 6% in Indonesia. Some companies making moves:.
Article
| Jun 29, 2022
Frayed ties between the US and China leaves the door open for other research alliances, such as with the UK, India, or Israel. The US has signaled that it may follow the EU’s tech regulatory lead, and being on the same page about fostering AI innovation while protecting public welfare would be a competitive advantage.
Article
| Mar 31, 2022
In the Google Play market, the US was a distant No. 4 behind India. It’s Getting More Expensive to Attract New Users on Apple Devices. As downloads decrease, gaming app marketers are spending a premium to earn new installs on iPhones, widening the gap between iOS and Android in cost per install (CPI), AppsFlyer data shows.
Article
| May 4, 2023
That group included Argentina, China, India, Mexico, Poland, Saudi Arabia, and South Africa, as well as the UK and the US. By contrast, only 29.2% of internet users in Russia had recently watched video via a subscription service. The digital audio market is evolving, but radio hasn’t gone away.
Report
| Oct 21, 2021
Fuel from Southeast Asia: Though it’s banned in India, TikTok will have much of its growth in Asia-Pacific driven by Southeast Asia. Indonesia, Malaysia, Singapore, the Philippines, Thailand, and Vietnam together will account for about half of TikTok users in Asia-Pacific, excluding China. And all of those countries except Singapore will see their TikTok user base rise more than 10% this year.
Article
| Mar 28, 2023
In all other markets (except India) the Google Pay app will become the Wallet app. Google Autofill—a Chrome feature that autopopulates users’ stored payment credentials on online payment forms—will give users the option to convert their cards to virtual cards.
Article
| May 12, 2022
Establishing a foothold in Southeast Asia would help make up for TikTok’s inability to reach users in India. “Commerce is the cornerstone of TikTok’s monetization efforts. This year, marketers can expect TikTok to continue to expand its suite of commerce solutions, including in the US,” said Jasmine Enberg, eMarketer principal analyst at Insider Intelligence.
Article
| Mar 1, 2022
India, Indonesia, and Brazil—the three largest on the list—will collectively generate about “$230 billion in retail ecommerce sales this year, nearly double the rest of the top 10 combined,” said Ethan Cramer-Flood, senior forecasting writer at Insider Intelligence. More like this. Report: Southeast Asia Ecommerce Forecast Update 2022.
Article
| Jul 29, 2022
Respondents were based in Australia, Colombia, India, Mexico, Singapore, the UK, and the US. Lotame is a data management platform (DMP).
Article
| Dec 8, 2022
Global help: As Walmart Marketplace expands to countries like Canada, the UK, and India, the retailer is adding more API partners that offer globalized support. Sound familiar? These tools are very similar to the ones Amazon has been offering for years. Everyone wants a piece of what the megaretailer has; we’ll see if it makes a difference in the race to the top.
Article
| Sep 16, 2022
Following multiple incidents of electric scooters catching fire in India, leading to casualties, companies like Battrixx, Sun Mobility, and Bounce are seeking preventive solutions, per The Economic Times. Gogoro, which makes swappable batteries for light EVs, just released a swappable solid-state battery prototype it says is virtually fireproof, per Electrek.
Article
| Mar 29, 2022