Tuesday, October 4, 2022
-Advertisement-
-Advertisement-
Tech ObserverNewsGadgetsAmid growing US-China rift, Apple to shift a quarter of iPhone production to India by 2025

Amid growing US-China rift, Apple to shift a quarter of iPhone production to India by 2025

According to JPMorgan analysts, the tech giant looks to move some production away from China, amid mounting geopolitical tensions and strict COVID-19 lockdowns in the country.

According to JPMorgan analysts, the tech giant looks to move some production away from China, amid mounting geopolitical tensions and strict COVID-19 lockdowns in the country.

Amid growing US-China rift, global technology major is set to shift production of one out of four iPhones in India by 2025. According to , the tech giant looks to move some production away from China, amid mounting geopolitical tensions and strict COVID-19 lockdowns in the country.

The brokerage expects Apple to move about 5% of iPhone 14 production from late 2022 to India, which is the world’s second-biggest smartphone market after China. The analysts also estimate about 25% of all Apple products, including Mac, iPad, Apple Watch and AirPods, to be manufactured outside China by 2025 from 5% currently.

Cupertino, California-headquartered Apple has bet big on India since it began iPhone assembly in the country in 2017 via Wistron and later with , in line with the Indian government’s push for local manufacturing.

The pandemic hampered supply chain relocation plans for businesses, but with restrictions easing, more companies, including Apple, are reaccelerating these efforts this year.

“Taiwanese vendors such as Hon Hai and a key role in the relocation to India. In the medium to long term, we also expect Apple to qualify local India manufacturing suppliers,” JPMorgan analysts said.

Subscribe to receive the day's headlines from Tech Observer straight in your inbox

- Advertisement -

Your Comment on this Story

Comments

Share on activity feed

Powered by WP LinkPress

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Subscribe to our Newsletter

83000+ Industry Leaders read it everyday

By subscribing you agree to our Privacy Policy, T&C and consent to receive newsletters and other important communications.
- Advertisement -ESDS SAP HANA Community Cloud
- Advertisement -

RELATED ARTICLES

- Advertisement -