Apple said to shift up to 20% of iPhone production from China to India
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Apple said to shift up to 20% of iPhone production from China to India
Apple is said to be shifting some iPhone production to India over the next five years.
Economic Times reports that Apple is exploring the possibility of shifting nearly 20% of its iPhone production capacity from China to India. Apple's senior executives are said to have held several meetings with top ranking Indian government officials over the past few months on these plans.
If true, this could mean that India is making up to $40 billion worth of iPhones through contract manufacturers Wistron and Foxconn. As Apple only sells $1.5 billion worth of iPhones in India, the majority of the iPhones produced in India will be exported to other countries.
The shift of iPhone production from China to India is part of Apple's plans to diversify its supply chain. Reuters claimed that Apple is building high-end iPhone models in India with Foxconn. The first-generation iPhone SE and iPhone 6S models were also believed to be manufactured in India with Wistron. Apple is also reportedly shifting 30% of AirPods production to Vietnam.
Source: Economic Times via 9to5Mac
