|Bid||30.10 x 0|
|Ask||30.15 x 0|
|Day's Range||30.15 - 30.45|
|52 Week Range||27.80 - 38.85|
|Beta (5Y Monthly)||0.77|
|PE Ratio (TTM)||10.63|
|Earnings Date||Aug 10, 2021 - Aug 16, 2021|
|Forward Dividend & Yield||2.04 (6.77%)|
|Ex-Dividend Date||Jul 07, 2020|
|1y Target Est||21.78|
Wistron Corp, the Taiwanese assembler of Apple Inc's iPhones, has restructured its internal setup and management ranks in India, two sources said, after an investigation last year into violence at one of its plants. Wistron's smooth working is key to Apple's ambitions in India as it gradually moves production to markets beyond China, navigating the trade war between Washington and Beijing and the coronavirus pandemic. The firm has curtailed the roles of its India head and operations head, an industry source and a government official told Reuters, but declined to be identified as the matter was private.
Apple Inc has started the assembly of iPhone 12 in India, the U.S. tech giant said, as the company ramps up manufacturing operations in the world's second-biggest smartphone market. "We are proud to be starting production of iPhone 12 in India for our local customers," Apple said in a statement on Thursday, without naming the supplier making the smartphone. The Indian unit of Apple's Taiwanese contract manufacturer Foxconn will assemble the device in its plant in southern Tamil Nadu state, two sources familiar with the matter said.
Apple Inc is angling to participate in a new scheme to boost India's exports of computer products, part of what government and industry sources say are plans to bring iPad tablet manufacturing to the South Asian country. India launched a $6.7 billion plan to boost smartphone exports last year, as Prime Minister Narendra Modi stepped up efforts to promote electronics manufacturing and create jobs. Apple, which has steadily raised production of iPhones in India to lessen its dependence on Chinese manufacturing, took part in that scheme via its contract manufacturers.