Apple Plans To Shift Entire US iPhone Assembly To India By 2026: Report

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SUMMARY

The tech giant is aiming to go beyond just diversification, seeking to manufacture the entire volume of iPhones sold in the US, roughly 60 Mn units annually, entirely in India

While China still accounts for nearly 80% of global iPhone production, Apple has been gradually moving parts of its supply chain out of the country

India already assembles 30 Mn to 40 Mn iPhones in India every year, almost 25% of its total global iPhone production

Apple is reportedly planning to…



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Apple Plans To Shift Entire US iPhone Assembly To India By 2026: Report


SUMMARY

The tech giant is aiming to go beyond just diversification, seeking to manufacture the entire volume of iPhones sold in the US, roughly 60 Mn units annually, entirely in India

While China still accounts for nearly 80% of global iPhone production, Apple has been gradually moving parts of its supply chain out of the country

India already assembles 30 Mn to 40 Mn iPhones in India every year, almost 25% of its total global iPhone production

Apple is reportedly planning to…



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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