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Apple and Samsung applied for India’s $6.6B PLI Scheme
Samsung, Apple suppliers Foxconn, Wistron and Pegatron, and local smartphone makers Micromax and Lava are among the companies that have applied for India’s Production-Linked Incentive Scheme (PLI). Totaling $6.6 billion, the program aims to encourage smartphone and electronics components production in the country. The minister of electronics and IT Shri Ravi Shankar Prasad on Saturday…
Apple acquired startup that turns iPhone in to payments terminal
Apple has acquired payments startup Mobeewave, which made a framework that lets customers tap a credit card or smartphone on another telephone to process a payment. The usefulness could permit iPhones to be utilized as payment terminals with no extra equipment required by the report from Bloomberg. Refering to individuals acquainted with the issue, the…
