Evercore: Apple’s iPhone Assembly in India Faces 25% Tariff Squeeze with Limited Room to Maneuver
July 31, 2025 – Yesterday (July 30), investment bank Evercore published a blog post, stating that even if a 25% tariff is imposed, Apple will have no choice but to continue assembling iPhones in India. And how Apple will deal with these additional costs in the future has become a major concern. According to Evercore,…
Tata Motors Unveils €3.8 Billion Acquisition of Iveco, Excluding Defense Division
July 31, 2025 – On July 30, Tata Motors of India made a significant announcement, revealing that it had struck a deal with Iveco to form a new commercial vehicle group. This newly – formed entity is projected to have an annual sales volume exceeding approximately 540,000 units. Tata Motors’ acquisition offer for Iveco is…
Samsung Electronics Reports 5.8% QoQ Revenue Decline in Q2 2025
July 31, 2025 – Samsung Electronics has just unveiled its official financial results for the second quarter of 2025. During the reporting period, the company’s consolidated revenue stood at 74.6 trillion Korean won, marking a 5.8% decline from the previous quarter and a marginal 0.7% increase year-on-year. Meanwhile, its operating profit was 4.7 trillion Korean…
Apple’s Strategy Pays Off: iPhone 16e Takes 11% of US iPhone Market in June, 120% More Than SE
July 31, 2025 – A recent report from market research firm CIRP has revealed some intriguing insights into the sales landscape of iPhones in the United States during June 2025. In this period, the iPhone 16e managed to carve out an 11% share of the total iPhone sales in the country. When compared to the…
Apple’s Indian iPhone Production Hits Milestone but Lags Behind China in Efficiency
July 30, 2025 – India has steadily emerged as the top supplier of smartphones to the United States, as Apple accelerates the shift of its iPhone assembly operations to the South Asian nation. Data from research firm Canalys reveals that for the second quarter ending in June, India captured a 44% share of U.S. smartphone…
Warner Bros. Discovery Unveils Top – Tier Leadership for Next Year’s Two – Company Split
July 30, 2025 – Warner Bros. Discovery made a major announcement today, revealing its intention to split into two separate entities, Warner Bros. and Discover Global, through a tax – free transaction in 2026. The company outlined its leadership arrangements for the upcoming split in the announcement. The split, set to be finalized next year,…
Nissan Posts First Quarterly Operating Loss in Over Four Years Amid U.S. Tariffs, Slumping Sales
July 30, 2025 – On Wednesday, Nissan Motor Co. revealed its first quarterly operating loss in over four years, as the struggling Japanese automaker grapples with the dual pressures of U.S. import tariffs and declining sales. The company reported a 79.1 billion yen ($540 million) operating loss for the April-June period, a figure significantly narrower…
Toyota Hits All-Time High: Over 5.5 Million Global Sales in H1 2025, Up 7.4%
July 30, 2025 – Toyota Motor Corporation achieved a record – breaking global sales figure in the first half of this year, with robust demand for hybrid vehicles in key markets offsetting the negative impacts of the tariffs imposed by the Trump administration on cars imported into the United States. On Wednesday, Toyota announced that…
Porsche Slashes Profit Outlook Amid Tariff Hikes, China Slump, and EV Transition Delays
July 30, 2025 – On Wednesday, the German luxury carmaker Porsche slashed its full-year profit forecast, attributing the move to rising tariffs stemming from a trade deal between the European Union and the Trump administration in the United States. The company revealed it had already absorbed roughly €400 million in losses due to tariff-related pressures…
Opera Accuses Microsoft in Brazil: Laying Obstacles to Hinder Non – Edge Browser Use
July 30, 2025 – Today, tech news outlet The Verge reported that Opera Browser has lodged a complaint with Brazilian competition authorities, accusing Microsoft of engaging in anti – competitive practices while promoting its Edge browser. Over the past few years, Microsoft has been making persistent efforts to convince Windows users to adopt Microsoft Edge…