Apple supplier to focus on expansion in Vietnam, India, Indonesia and North America, after operations at its factories in China were rocked by Covid lockdowns and labour shortages
Chinese smart devices brand made the biggest gains in the first quarter, with sales up 15.5% on the previous quarter
In China, the world's largest smartphone market, total phone shipments this year are expected to be 300 million units, down from about 325 million units last year
Taiwan's Pegatron, which assembles iPhones for Apple, has suspended operations at its Shanghai and Kunshan plants in China due to moves to control the spread of Covid-19, it said on Tuesday
The Taiwan iPhone maker is joining forces with Indian oil-to-metals group Vedanta to produce semiconductors in a $118 million deal
Three of Apple's top contract manufacturers plan to invest a total of almost $900 million in India in the next five years to tap into a new production-linked incentive plan, sources say