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Business World

Foxconn to Invest $1 Billion in Tamil Nadu for iPhone Display Assembly Unit

Renowned Taiwanese contract manufacturer Foxconn is set to invest approximately $1 billion to establish a display assembly unit in Tamil Nadu, marking the company’s first such facility in India. The unit will primarily support Apple’s iPhone display module production, strengthening Foxconn’s position as a key supplier for the tech giant. In a strategic move, the

Business World

Apple partners with open AI, introduces apple Intelligence

“Tech giant Apple unveils ‘Apple Intelligence’ at WWDC, integrating AI across its products and forging a partnership with OpenAI to empower Siri with ChatGPT capabilities. CEO Tim Cook touts AI as ‘indispensable,’ marking a strategic shift for the company. Despite its long-standing use of AI, Apple refrained from adopting the term until now, aligning with