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Sunday, 7 July 2019
These fabulous fliers at the Planes of Fame museum want to live forever - CNET
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11 smart doorbells to watch over your front stoop - CNET
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11 smart doorbells to watch over your front stoop - CNET
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Apple is one step closer to setting up its retail stores in India
The Indian government relaxes local sourcing norms, paving the way for Apple to set up its stores in the country.
What you need to know
- Indian government relaxes 30% local sourcing norms for brands looking to set up stores.
- The government will instead make exceptions for brands that provide 'cutting-edge technology'.
- The move allows Apple to set up its retail stores in the country.
Apple hasn't had much to celebrate in India of late, but 2019 is becoming a turning point for the company. The Indian government has signed off on two key factories, allowing Apple to locally manufacture iPhones. That's a huge deal because India has a prohibitive 30% import tax on devices that are imported from other markets, and local assembly allows Apple to negate that tax.
Another development is around Apple's ambitions to set up a retail store in the country. India's local sourcing norms — which required a brand to source 30% of its comonents locally — disallowed Apple from setting up its stores here, but the government is relaxing that particular norm as it looks for an influx of cash from foreign brands.
The sourcing norms were set up to ensure a level playing field between foreign entities and homegrown players, but with investments drying up the government is looking to make a few exceptions, notably in cutting-edge technology:
To provide opportunity to such single brand entities, it has been decided that in case of 'state-of-art' and 'cutting-edge technology,' sourcing norms can be relaxed subject to government approval.
That's great news for Apple as the move finally paves the way for the company to set up its retail stores in the country. From Prabhu Ram, head of intelligence group at Cybermedia Research:
The relaxation of mandatory 30% local sourcing norm will spur the growth of the Indian economy, and will potentially help in attracting large players in the single-brand retail sector, including the likes of Apple.
That said, how long the government takes to classify Apple as a provider of "cutting-edge technolgoy" remains to be seen. Apple was said to be scouting locations for its first retail store in the country a few months ago, so it does look like 2019 is finally the year we'll see some progress on this front.
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What Is Credential Dumping?
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Canonical GitHub account hacked, Ubuntu source code safe
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WiFi Smart Plug Socket Works with Alexa Echo/Google Home/IFTTT, Slitinto Dual Mini Smart Outlets with Remote Control Individually, Energy Monitoring and Timer, No Hub Required, ETL Listed-1 Pack - CNET
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REDOVER-Bluetooth Body Fat Scale with Free IOS and Android App, Smart Wireless Digital Bathroom Scale, Body Composition Analyzer for Body Weight, Body Fat, Water, Muscle Mass, BMI, BMR and more, 400lb - CNET
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Aircraft lands itself truly autonomously for the first time
2019 Volkswagen Atlas review
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Professor convicted of sending US missile chip technology to China
NASA taps Carnegie Mellon to build small, speedy MoonRanger lunar rover
NASA has awarded Carnegie Mellon University (CMU) and Astrobotic a US$5.6 million contract to build a new suitcase-sized robotic lunar rover that could land on the Moon as soon as 2021. One of 12 proposals selected as part of the agency's Lunar Surface and Instrumentation and Technology Payload (LSITP) program, the 24-lb (11-kg) MoonRanger rover is designed to operate autonomously on week-long missions within 0.6 mi (1 km) of its lander.
.. Continue Reading NASA taps Carnegie Mellon to build small, speedy MoonRanger lunar roverCategory: Space
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Amazon slashes $102 off the Samsung HW-Q60R Harman Kardon Soundbar
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Report: All Four Major Mobile Networks in the UK Are Using Huawei 5G Gear
UK telecoms aren’t taking warnings from U.S. intelligence agencies that telecommunications gear produced by Chinese tech giant Huawei could pose a security risk incredibly seriously, at least according to a report from the Observer, which reported on Saturday that all four major carriers in the country are currently…
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