Apple now produces as much as 14% of its iPhones in India, indicating the company's accelerating efforts to diversify beyond China (via Bloomberg). The figure accounts for $14 billion of assembled iPhones in the country, or about 1 in 7 of the company's flagship devices, a doubling of production compared to the last fiscal year. Models assembled in India include the iPhone 12 through to the latest iPhone 15, excluding premium Pro and Pro Max models. Apple has been setting up iPhone...
Apple Inc has assembled $14 billion worth of iPhones in India in fiscal 2024, Bloomberg News reported on Wednesday. Apple now makes as much as 14% or about 1 in 7 of its marquee devices from India, the report said, citing people familiar with the matter. Foxconn assembled nearly 67% while Pegatron Corp made about 17% of the India-made iPhones, the Bloomberg report added. Wistron Corp's plant in the southern Indian state of Karnataka, which the Tata Group took over last year, made the remaining. ...
Apple produced $14 billion worth of iPhones in India over the last fiscal year
With India accounting for an ever greater proportion of iPhone manufacturing, Apple and its suppliers are planning to build residential accommodation by the thousands. Mumbai, India India is becoming progressively more important to Apple as the company works to reduce its over-reliance on China, and Apple has already built new offices in the country. Now as Bloomberg reports that India now assembles one in seven iPhones, Apple is looking to build housing for staff. The growth to one...
Apple's ecosystem of component makers and suppliers could collectively employ around five lakh people in India directly in the next three years — marking an over three-fold increase — as the iconic phone-maker moves at least half of its existing supply chain from China to India, top officials aware of the matter told ET.The Cupertino-based company, which is looking to increasingly decouple from China, also aims to increase local value addition from its Indian suppliers in line with the approach...
It has been quite a while since Amazon had good offers on iPhones, but this week things are different. Back in February, the iPhone 15 was €790 for a 128GB unit and €950 for a 256GB one. Now these versions cost around the same again, but more importantly, the rest of the 15-series is discounted too. Apple iPhone 15 €130 off Read our review 128GB - €820 at Amazon DE 256GB - €940...
The iPhone continues to be overwhelmingly popular with teens, according to Piper Sandler's biannual teen survey. 85 percent of U.S. teens surveyed own an iPhone, and 86 percent plan to purchase an iPhone as their next smartphone. While the iPhone is still the most popular smartphone among teens, ownership is down from the October 2023 survey where 87 percent of teens owned an iPhone and 88 percent planned to purchase one.Both the 85% iPhone ownership and 86% intention to purchase an...
As part of Apple's continued shift to increase iPhone production in India, the company is now trying to secure suppliers for camera modules within the country. iPhone 15 Pro Max camera module Apple has spent years trying to move away from China-centric production into one with multiple manufacturing bases. While Apple wants to significantly increase its iPhone production in India in the coming years, it has to solve multiple problems that can slow progress. One of the issues is...
NEW DELHI, (IANS) – As Apple continues to minimize its dependence on China, the iPhone maker is increasing investments in India and is reportedly in advanced talks with Tata Group’s Titan Company and Murugappa Group to assemble sub-components for phone camera modules, and the country […]
Pegatron is reportedly nearing a deal to sell the Tata Group a controlling stake in its iPhone facility in Tamil Nadu, India. Pegatron facility (Source: Pegatron) Following its outright purchase of Wistron's iPhone plant in India's southwestern state of Karnataka, the Tata Group is poised to take control of a similar facility now owned by Pegatron. According to Reuters, Pegatron and the Indian conglomerate Tata are in advanced talks. If completed as expected, the Tata Group would...
A new report says that one in seven iPhones are now made in India – pointing to a significant acceleration in Apple’s work to reduce its dependence on China. Apple’s reliance on China as its key manufacturing hub has been placing the company in an increasingly vulnerable position more
Apple has been looking to reduce its reliance on China for its product assembly, with India and Vietnam emerging as key locations.