|Bid||N/A x N/A|
|Ask||N/A x N/A|
|Day's range||3.2561 - 3.2561|
|52-week range||2.9400 - 4.1800|
|Beta (5Y monthly)||0.64|
|PE ratio (TTM)||12.48|
|Forward dividend & yield||0.17 (5.34%)|
|Ex-dividend date||01 Jul 2022|
|1y target est||N/A|
(Bloomberg) -- Apple Inc. is seeking changes in India’s labor laws as part of its effort to expand local production, and regional governments are yielding to its request as they are eager to snatch iPhone assembly from China.Most Read from BloombergDeutsche Bank Drops in Selloff Citi Describes as Irrational‘Zoom Towns’ Exploded in the Work-From-Home Era. Now New Residents Are Facing LayoffsRussia Seeks 400,000 More Recruits as Latest Ukraine Push StallsJack Dorsey’s Wealth Tumbles $526 Million A
The southern Indian state of Karnataka has approved an 80 billion rupee ($967.91 million) investment in the state by a unit of Taiwan's Foxconn. The investment will lead to the creation of 50,000 jobs, the government said in a statement on Monday. Foxconn, the world's largest contract electronics manufacturer, has been in discussions with Indian states, but has not announced any investment plans so far in Karnataka.
TAIPEI (Reuters) -Taiwanese contract manufacturer Foxconn has won an order to make AirPods for Apple Inc and plans to build a factory in India to produce the wireless earphones, two people with direct knowledge of the matter told Reuters. The deal will see Foxconn, the world's largest contract electronics maker and assembler of around 70% of all iPhones, become an AirPod supplier for the first time and underlines efforts by the key Apple supplier to further diversify production away from China. One source said Foxconn will invest more than $200 million in the new India AirPod plant in the southern Indian state of Telangana.