Apple is looking to assemble iPads in India as part of efforts to diversify its supply chain beyond China, Reuters reported. Apple already assembles iPhones in India through Taiwanese manufacturing partners such as Foxconn Technology and Wistron, which have set up their own factories in the country. Reuters reported that Apple is now lobbying the Indian government to increase an incentive...
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What Sequoia Should Have Said
I remember my jaw dropping last year when The Information’s Juro Osawa reported that Sequoia China was in talks to raise more than $8 billion in new funding from U.S. investors and others.I was baffled. I just couldn’t imagine that Sequoia, which had picked a slew of winners in the U.S. and China ranging from Google to Meituan, was going to continue to draw such inflows from the U.S. to its...
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