Apple to move 25% iPhone production to India by 2025: Report

Apple has started assembling some devices in India and Vietnam, reducing its dependence on China. J.P. Morgan analysts said the company is preparing to make the two countries a production centre. J.P. Morgan analysts forecast Apple will relocate 5% of iPhone 14 manufacturing to India by late 2022, but also 25% of all iPhones by 2025. Continue reading “Apple to move 25% iPhone production to India by 2025: Report”

Apple said to shift 20% of production capacity to India, aims for $40 billion revenue in the next 5 years

Apple may be on track to increase India’s local manufacturing revenue to nearly $40 billion over the next 5 years, as a result of the Government of India’s Production Linked Incentive scheme (PLI) for large scale electronics manufacturing. The scheme will be largely availed by two of Apple’s contract manufacturers, namely Winstron and Foxconn.

Continue reading “Apple said to shift 20% of production capacity to India, aims for $40 billion revenue in the next 5 years”