Saturday, September 27, 2025

Sources: Apple is ramping up efforts to source manufacturing machinery in India, essential for making iPhones locally, and is working with around 17 suppliers (Danish Khan/Moneycontrol)

Danish Khan / Moneycontrol:
Sources: Apple is ramping up efforts to source manufacturing machinery in India, essential for making iPhones locally, and is working with around 17 suppliers  —  Around 17 companies have directly started working with Apple in India for capital equipment and tools over the last 20-24 months and the number is only expected to go up



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Sources: SoftBank invites more banks to join its $40B loan backing its OpenAI investment, requiring them to commit ~$5B each; SoftBank has already invested $30B (Bloomberg)

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