Business
Apple to manufacture iPhone 14 in India instead of China
About 7.5 million iPhones -- around three percent of Apple's global production -- were made in India last year
Apple will manufacture its new flagship smartphone in India, the US tech giant said Monday, as it seeks to diversify production away from a dependence on China.
The iPhone supply chain is based mainly in China but the country's zero-Covid policies and tensions with the United States have hurt production, analysts say.
"We're excited to be manufacturing iPhone 14 in India," Apple said in a brief statement.
The California-based firm already makes older iPhone models in India via Taiwanese manufacturers such as Foxconn, which has a factory in the southern state of Tamil Nadu.
The latest announcement comes just weeks after Apple launched new smartphones. The tech behemoth is commencing production of the iPhone 14 in India much earlier than it did for previous models, Canalys analyst Sanyam Chaurasia said.
"Over the last couple of years, it has been increasingly diversifying its supply chain to India," Chaurasia told AFP.
About 7.5 million iPhones -- around three percent of Apple's global production -- were made in India last year, the analyst added.
"We expect that the local production of iPhones could reach more than 11 million this year," he said.
Apple's announcement will be a boost to Prime Minister Narendra Modi's "Make in India" strategy under which he has urged foreign businesses to manufacture goods in the South Asian nation.
SOURCE: AFP
-
World 1 day ago
Saudi Arabia will not recognise Israel without Palestinian state, says Crown Prince
-
Pakistan 2 days ago
PM urges nation to stand against extremism
-
World 2 days ago
Former Public Security chief jailed 20 years over forgery, bribery and embezzlement
-
Regional 1 day ago
KP CM launches 'Ikhtiar Awam Ka' portal
-
Pakistan 2 days ago
Nation celebrates Eid Milad-un-Nabi with religious zeal
-
Pakistan 1 day ago
JUI(F) requests 60 days to hold intra-party elections
-
Sports 2 days ago
Asian Champions Trophy: Pakistan secures bronze after 5-2 win against S Korea
-
Entertainment 1 day ago
Qamar honey trap case: ATC sends 2 main accused to jail on judicial remand