In response to slow-moving iPhone sales in China, Apple announced on Friday that it would launch its first online shop in Vietnam the following week.
Only a few weeks have passed since the first Apple stores in India, in Mumbai and Delhi, were launched by the Cupertino, California-based business.
Tim Cook, the CEO of Apple, is placing his bet on developing regions, where there are fewer iPhones and a younger age group, which will present more growth potential.
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Apple did not specify when it will be opening actual retail outlets in Vietnam, which comprises a “100 million-person” population.
“We’re proud to be expanding in Vietnam,” said Deirdre O’Brien, Apple’s senior vice president of retail.
Source: finance.yahoo.com
Retail stores frequently open before they go online. Licensed retailers currently sell Apple gadgets in Vietnam, and the company has several suppliers who assemble its devices there for exportation.
During India’s holiday shopping season in 2020, Apple opened its first online shop there.
“We’re proud to be expanding in India and want to do all we can to support our customers and their communities,” said Deirdre O’Brien, Apple’s senior vice president of Retail + People. “We know our users are relying on technology to stay connected, engage in learning, and tap into their creativity, and by bringing the Apple Store online to India, we are offering our customers the very best of Apple at this important time.”
Source: apple.com
Discounts according to a federal plan to increase domestic mobile manufacturing in India were granted in October for 16 companies, including prominent Apple suppliers.
After staging a protest over unpaid salaries in December of that same year, contract employees at Apple partner Wistron’s Bengaluru facility trashed the building. Apple placed the plant on probation before allowing it to resume manufacturing two months later.
In December 2021, after over 250 female employees who live in one of the business dorms received medical treatment for food poisoning, riots broke out at the Foxconn facility in Tamil Nadu.
The facility was shut down for more than three weeks when Apple discovered that the facilities did not satisfy the necessary standards.
The same year, the competition regulators in India request a probe into Apple’s in-app pricing scheme because it initially believed the iPhone manufacturer had broken several antitrust regulations.
Pegatron, a supplier of Apple, opened its first iPhone assembly facility in the Tamil Nadu province in September 2022.
Foxlink, an Apple vendor that makes iPhone chargers, temporarily ceased operations at its manufacturing factory in the southern Indian state of Andhra Pradesh for several weeks in February 2023 after a significant fire caused a portion of the structure to collapse.
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