Apple Supplier Pegatron Temporarily Halts iPhone Assembly At Chennai Plant Due To Fire

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Following a fire incident on Sunday night, Pegatron, a major Apple supplier, has temporarily suspended iPhone assembly operations at its facility near Chennai.

According to a report by Reuters, the Taiwanese company has cancelled the first two shifts for the day on Monday and has not yet communicated whether the third shift will proceed as scheduled.

There were no casualties or injuries due to the fire incident as it occurred during a holiday when the factory was not operational, as per the report.

Pegatron presently accounts for about 10% of Apple’s annualised iPhone production in India, according to research firm Counterpoint.

This comes at a time when iPhone maker Apple is reportedly planning to ramp up production in India by more than five times from the current levels to around $40 Bn.

Apple is manufacturing various iPhone models in India, including the latest iPhone 15. The Cupertino-based tech giant is also contemplating the production of AirPods starting next year. However, there are no signs indicating whether Apple will initiate the manufacturing of iPads or MacBooks in India.

Apple has surged ahead of Samsung in smartphone exports from India, accounting for 49% of the country’s 12 Mn smartphone shipments in the second quarter of 2023 (Q2 2023).

The tech giant has been significantly expanding its production capacity in India in recent quarters through its contract manufacturers. Companies like Foxconn, Wistron, and Pegatron have made substantial investments in India to ramp up iPhone production and initiate manufacturing of other Apple devices within the country.

These three contract manufacturers have also benefited from the Indian government’s production-linked incentive (PLI) scheme for smartphone manufacturing, which was introduced in 2021.

The post Apple Supplier Pegatron Temporarily Halts iPhone Assembly At Chennai Plant Due To Fire appeared first on Inc42 Media.

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We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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Apple Supplier Pegatron Temporarily Halts iPhone Assembly At Chennai Plant Due To Fire

Following a fire incident on Sunday night, Pegatron, a major Apple supplier, has temporarily suspended iPhone assembly operations at its facility near Chennai.

According to a report by Reuters, the Taiwanese company has cancelled the first two shifts for the day on Monday and has not yet communicated whether the third shift will proceed as scheduled.

There were no casualties or injuries due to the fire incident as it occurred during a holiday when the factory was not operational, as per the report.

Pegatron presently accounts for about 10% of Apple’s annualised iPhone production in India, according to research firm Counterpoint.

This comes at a time when iPhone maker Apple is reportedly planning to ramp up production in India by more than five times from the current levels to around $40 Bn.

Apple is manufacturing various iPhone models in India, including the latest iPhone 15. The Cupertino-based tech giant is also contemplating the production of AirPods starting next year. However, there are no signs indicating whether Apple will initiate the manufacturing of iPads or MacBooks in India.

Apple has surged ahead of Samsung in smartphone exports from India, accounting for 49% of the country’s 12 Mn smartphone shipments in the second quarter of 2023 (Q2 2023).

The tech giant has been significantly expanding its production capacity in India in recent quarters through its contract manufacturers. Companies like Foxconn, Wistron, and Pegatron have made substantial investments in India to ramp up iPhone production and initiate manufacturing of other Apple devices within the country.

These three contract manufacturers have also benefited from the Indian government’s production-linked incentive (PLI) scheme for smartphone manufacturing, which was introduced in 2021.

The post Apple Supplier Pegatron Temporarily Halts iPhone Assembly At Chennai Plant Due To Fire appeared first on Inc42 Media.

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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