South Asia Investor Review

It takes an Indian minimum wage worker twice as long to afford an Apple iPhone 12 as his Pakistani counterpart. A minimum wage Pakistani has to work 1,642 hours, or about 10 months of work, to buy an iPhone 12, according to Bloomberg News . An Indian minimum worker, on the other hand, must work nearly twice as long, a total of 3,254 hours, to buy it.  It takes 1,791 hours in Indonesia and 2,045 hours in Egypt. Assuming a 40-hour work-week and two weeks of vacation, there are 2,000 hours of work in a year. Given these figures, it can be safely assumed that very few minimum wage workers in the developing world can afford to buy an iPhone 12.   Hours of Work Needed to Buy iPhone 12. Source: Bloomberg Bloomberg reported the following on February 4 as follows: "Based on minimum wage levels, a new report from Grover.com estimates it would take 6,639 hours for a Venezuelan to earn enough for the prized smartphone and 3,254 hours for an Indian. Chinese people must work 680 hours ...

Apple today announced iPhone 8, iPhone 8 Plus and a $1000 iPhone X today, the 10th anniversary of the first iPhone launch, at its new Spaceship-shaped headquarter in Silicon Valley.  iOS 11operating system is also being launched along with the new hardware to support many advanced new features for face identification, wireless charging and augmented reality (AR).  In addition, the OS 11 will include nastaleeq font that is popular with Urdu publishers in Pakistan, according to Silicon Valley based Urdu lover and Nastaliq campaigner Mudassir Azeemi. History of Nastaliq on Apple: Apple did include nastaliq font in iOS 9 Beta 1 after a persistent campaign by Mudassir Azeemi. Unfortunately, it was later dropped in the released version of iOS X.  But Mudassir continued his efforts which appear to have born fruit with iOS 11 being released this month. Apple will now drop naskh and support only nastaliq in native mode for rendering Arabic, Persian and  Urdu  languag...

Mobile application developers and high-bandwidth wireless data network operators are being dramatically boosted by latest innovations, growing popularity and rising demand of smartphones such as iPhone, Blackberry, Palm Treo and other mobile platforms. Some 10 percent of phones shipped worldwide — and some 19 percent of phones sold at retail in the United States — are smart-phones. Taiwanese smartphone maker High Tech Computer Corp. (HTC) expects its sales in India to double in 2008, from 100,000 in 2007 to 200,000 in 2008. Although reliable figures are not available, Blackberry is finding traction in Pakistan and HTC is promoting its low-cost smartphones. Overall, there is room for substantial growth. In terms of wireless voice and data, markets with large populations and relatively low penetration rates, such as India, China, Philippines, Pakistan, Vietnam and Indonesia, will continue to grow at a rapid rate, according to an Aug 2008 report by Paul Budde Communication Pty Ltd. Each ...