HardwareManufacturingTechnology

Foxconn to Double AirPods Production Capacity in India by Early 2026

Foxconn is reportedly scaling up AirPods production in India, with plans to double manufacturing capacity at its Hyderabad facility by early 2026. The expansion would increase monthly output to approximately 200,000 units while growing the workforce from 2,000 to 5,000 employees. This move represents Apple’s continued supply chain diversification beyond China.

Apple’s AirPods manufacturing footprint in India is set for significant expansion, with Foxconn reportedly planning to double production capacity at its Hyderabad facility within the coming months. According to sources familiar with the matter, this strategic move would mark a substantial escalation of Apple’s manufacturing diversification beyond China.

Manufacturing Scale-Up Underway

AISoftwareStartups

OpenAI Expands Desktop AI Capabilities with Strategic Acquisition of Mac-Focused Startup

OpenAI has reportedly acquired Software Applications Inc., a startup developing AI-powered interfaces for Mac desktops. The acquisition brings former Apple talent and innovative screen-aware technology to ChatGPT’s development team.

Strategic Acquisition to Boost Desktop AI

OpenAI has reportedly acquired Software Applications Inc., a startup specializing in AI-powered user interfaces for Mac desktops, according to recent reports. Sources indicate this move represents a strategic push by the ChatGPT developer to enhance how artificial intelligence tools handle computer-based tasks and interact with desktop environments.

BusinessFinance

Market Movers: Tech, Biotech and Mining Stocks Drive Midday Trading Activity

Apple shares climbed 4% following strong iPhone 17 sales data and an analyst upgrade. Cleveland-Cliffs surged 24% as the steelmaker considers expanding into rare earths mining. Multiple biotech companies experienced significant price swings amid clinical trial updates and partnership announcements.

Tech Giants Lead Market Movements

Apple shares reportedly climbed 4% during midday trading following positive news about its latest smartphone lineup. According to Counterpoint research, the iPhone 17 series has outsold the iPhone 16 series in both China and the U.S. during the first 10 days of availability. Analysts suggest this stronger-than-expected iPhone demand prompted Loop Capital to upgrade the stock from hold to buy.