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Apple triples India’s iPhone output to $10b in shift from China

April 13, 2023
Source: afr.com afr.com
News Snapshot:
New Delhi | Apple assembled more than $US7 billion ($10 billion) of iPhones in India last fiscal year, tripling production in the world’s fastest-growing smartphone arena after accelerating a move beyond China. The US company now makes almost 7 per cent of its iPhones in India through expanding partners from Foxconn Technology to Pegatron, people familiar with the matter said. That is a significant leap for India, which accounted for an estimated 1 per cent of the world’s iPhones in 2021. Apple is set to open its first official retail store in India, in Mumbai, as the company places big...
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Tags: Apple | Beijing | Bloomberg | China | Delhi | Foxconn | India | Indian | iPhone | IT | manufacture | manufacturing | Modi | Mumbai | New Delhi | Pegatron | production | Reliance | retail | retail store | smartphone | store | supply chain | technology | Washington

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