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Apple's India iPhone output hits $14 billion, Bloomberg News reports

Apple has assembled $14 billion worth of iPhones in India in last fiscal year, making as much as 14 per cent or about 1 in 7 of its marquee devices from India, Bloomberg News reported on Wednesday, citing people familiar with the matter.

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Apple doubles iPhone production in India. One in seven phones of the American tech company is now made in India. Apple is rapidly ramping up production in India to become less dependent on China, as geopolitical tensions in the world rise.

·Apeldoorn, Netherlands (Kingdom of the)
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AOL broke the news in United States on Wednesday, April 10, 2024.
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