Apple Manufacture iPhone 16 Pro, Pro Max In India This Year

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SUMMARY

Apple to manufacture iPhone 16 Pro and Pro Max models in India for the first time, starting this fiscal year.

Foxconn’s Tamil Nadu facility to handle production, beginning with the ‘new product introduction’ process.

Move aligns with Apple’s goal to manufacture 25% of all iPhones in India within 3-4 years, up from current 14%.

As Apple continues to increasingly distance itself from China and boost its production in India, the Cupertino-based tech giant is reportedly set to begin manufacturing iPhone Pro and Pro Max models in the country, starting with iPhone 16 series, as early as this fiscal year, with Foxconn handling the production.

So far, only non-Pro models have been produced locally. 

“This year, Apple will manufacture the Pro and Pro Max models in India to make sure the India-assembled iPhone 16 Pro models are available in the country after the launch,” a source was quoted as saying by Moneycontrol.

Sources told Moneycontrol that Foxconn’s facility in Sriperumbudur, Tamil Nadu, will soon start the ‘new product introduction’ (NPI) process for the pro models of iPhone 16 and will enter mass production stage once the phone is launched.

The source further said that Foxconn typically receives first preference for new product manufacturing due to its extensive capabilities and deep integration within Apple’s supply chain.

This development builds on Apple’s existing operations in India. Last year, India-built iPhone 15 series were available to the customers on the first day of global sales. Apple assembled $14 Bn worth of iPhones in India during FY24, constituting 14% of its global iPhone production.

Apple currently holds a 6% share of India’s smartphone market. 

In 2023, the company accounted for 23% of the smartphone revenue share, surpassing Samsung’s 21%. Apple shipped over 10 Mn iPhones in India in 2023, up from 6 Mn in 2022.

For the upcoming iPhone 16 series, expected to launch in September, Apple anticipates high demand. The company is preparing 90 Mn units for 2024, 10% more than the iPhone 15 series. Apple Chief Operating Officer Jeff Williams recently visited China’s manufacturing hub, Shenzhen, to discuss the supply chain ahead of the iPhone 16 series launch.

Apple has aggressively increased production of its flagship iPhone devices in India through Foxconn and Tata Electronics. Tata, which acquired Wistron operations, is acquiring Pegatron’s India operations, including an iPhone manufacturing plant near Chennai and another under-construction unit.

Beyond iPhones, Apple is exploring production of other devices in India. The company is considering manufacturing iPads through Foxconn, encouraged by the government’s push to attract more supply chains. Apple plans to start AirPods production in India early next year, with efforts to increase production of components for AirPod wireless charging cases through US-based contract manufacturer Jabil in Pune.

Apple aims to manufacture 25% of all its iPhones in India over the next 3-4 years, up from the current 14%. 





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Apple Manufacture iPhone 16 Pro, Pro Max In India This Year


SUMMARY

Apple to manufacture iPhone 16 Pro and Pro Max models in India for the first time, starting this fiscal year.

Foxconn’s Tamil Nadu facility to handle production, beginning with the ‘new product introduction’ process.

Move aligns with Apple’s goal to manufacture 25% of all iPhones in India within 3-4 years, up from current 14%.

As Apple continues to increasingly distance itself from China and boost its production in India, the Cupertino-based tech giant is reportedly set to begin manufacturing iPhone Pro and Pro Max models in the country, starting with iPhone 16 series, as early as this fiscal year, with Foxconn handling the production.

So far, only non-Pro models have been produced locally. 

“This year, Apple will manufacture the Pro and Pro Max models in India to make sure the India-assembled iPhone 16 Pro models are available in the country after the launch,” a source was quoted as saying by Moneycontrol.

Sources told Moneycontrol that Foxconn’s facility in Sriperumbudur, Tamil Nadu, will soon start the ‘new product introduction’ (NPI) process for the pro models of iPhone 16 and will enter mass production stage once the phone is launched.

The source further said that Foxconn typically receives first preference for new product manufacturing due to its extensive capabilities and deep integration within Apple’s supply chain.

This development builds on Apple’s existing operations in India. Last year, India-built iPhone 15 series were available to the customers on the first day of global sales. Apple assembled $14 Bn worth of iPhones in India during FY24, constituting 14% of its global iPhone production.

Apple currently holds a 6% share of India’s smartphone market. 

In 2023, the company accounted for 23% of the smartphone revenue share, surpassing Samsung’s 21%. Apple shipped over 10 Mn iPhones in India in 2023, up from 6 Mn in 2022.

For the upcoming iPhone 16 series, expected to launch in September, Apple anticipates high demand. The company is preparing 90 Mn units for 2024, 10% more than the iPhone 15 series. Apple Chief Operating Officer Jeff Williams recently visited China’s manufacturing hub, Shenzhen, to discuss the supply chain ahead of the iPhone 16 series launch.

Apple has aggressively increased production of its flagship iPhone devices in India through Foxconn and Tata Electronics. Tata, which acquired Wistron operations, is acquiring Pegatron’s India operations, including an iPhone manufacturing plant near Chennai and another under-construction unit.

Beyond iPhones, Apple is exploring production of other devices in India. The company is considering manufacturing iPads through Foxconn, encouraged by the government’s push to attract more supply chains. Apple plans to start AirPods production in India early next year, with efforts to increase production of components for AirPod wireless charging cases through US-based contract manufacturer Jabil in Pune.

Apple aims to manufacture 25% of all its iPhones in India over the next 3-4 years, up from the current 14%. 





Source link

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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