Business

Apple’s Bold Move: Majority of iPhones Sold in the U.S. Will Soon Be ‘Made in India’

In a significant shift, Apple is set to manufacture most of its iPhones sold in the U.S. in India, marking a pivotal change in its global supply chain strategy. Apple’s Strategic Shift: Manufacturing iPhones in India Apple CEO Tim Cook recently announced that a substantial portion of iPhones sold in the U.S. during the June quarter will be produced in India. This move underscores Apple’s…
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Business

Intel Announces Layoff of 15,000 Employees as CEO Pat Gelsinger Foresees More Challenges Ahead

Intel is making a significant cut to its workforce as part of a major restructuring effort aimed at reducing costs and improving financial stability. The company will lay off 15,000 employees, which represents approximately 15% of its total workforce, as it seeks to save $10 billion by 2025. This decision was communicated by Intel CEO Pat Gelsinger in a memo to employees, who described the move as…
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