Apple Inc. may manufacture one out of every four iPhones in India by 2025

September 22, 2022

, By Team SNFYI

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Apple Inc. may manufacture one out of every four iPhones in India by 2025, according to J.P. Morgan analysts,.

According to Reuters, Apple is considering shifting more iPhone production to India as geopolitical tensions rise and China imposes strict COVID-19 lockdowns. “Taiwanese vendors such as Hon Hai and Pegatron play a key role in the relocation to India,” according to J.P. Morgan analysts led by Gokul Hariharan. We also expect Apple to qualify local India manufacturing suppliers in the medium to long term.” According to J.P. Morgan, the Cupertino, California-based company will shift around 5% of iPhone 14 production to India by late 2022. It is worth noting that India is the world’s second-largest smartphone market.

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Apple Inc. may manufacture one out of every four iPhones in India by 2025

September 22, 2022

, By Team SNFYI

Apple Inc. may manufacture one out of every four iPhones in India by 2025, according to J.P. Morgan analysts,.

According to Reuters, Apple is considering shifting more iPhone production to India as geopolitical tensions rise and China imposes strict COVID-19 lockdowns. “Taiwanese vendors such as Hon Hai and Pegatron play a key role in the relocation to India,” according to J.P. Morgan analysts led by Gokul Hariharan. We also expect Apple to qualify local India manufacturing suppliers in the medium to long term.” According to J.P. Morgan, the Cupertino, California-based company will shift around 5% of iPhone 14 production to India by late 2022. It is worth noting that India is the world’s second-largest smartphone market.

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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Previous News

Join Ventures raised $23.5 million in Series B led by Motilal Oswal Alternate Investment Advisors

Next News

IT services division Wipro fires 300 employees who work for competitors

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