Apple's India iPhone output hits $14 billion, Bloomberg News reports
18 Articles
18 Articles
One in seven iPhones now made in India, reducing dependence on China
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's India iPhone Output Hits $14 Billion: Report
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 Karnataka, which the Tata Group took over last year…
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