Apple has invested a lot of money in assembling some of its products in India to reduce its reliance on China. Although it still has a long way to go, a report today by analyst Ming-Chi Kuo revealed that nearly 14% of iPhone units shipped in 2023 were assembled in India, showing that Apple is progressing towards its goals.
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Report: Nearly 14% of iPhone units shipped in 2023 were assembled in India
Apple has invested a lot of money in assembling some of its products in India to reduce its reliance on China. Although it still has a long way to go, a report today by analyst Ming-Chi Kuo revealed that nearly 14% of iPhone units shipped in 2023 were assembled in India, showing that Apple is progressing towards its goals.
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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