In September, a JP Morgan report said Apple could move up to 25% of its iPhone production to India by 2025, and now a new South China Morning Post the article suggests that share could rise to 50% by 2027. Apple has reportedly reduced orders for iPhone components from its Chinese suppliers, which in turn has negatively impacted earnings estimates and revenues. share prices.
India currently accounts for just 5% of all iPhone production, though there has been a push to assemble newer models, including the iPhone 14, just weeks after production began in China. Rumors suggest that Apple will begin simultaneous production in China and India for the iPhone 15 series.
Apple’s drive to diversify its iPhone manufacturing away from China has also spilled over into the rest of its portfolio with an increasing amount of AirPods and MacBooks being manufactured in Vietnam instead of China.
Start a new Thread