Apple has shipped $6 billion worth of iPhones from India, as it shifts production away from China
Three suppliers—Foxconn, Pegatron, and Tata Electronics—assemble iPhones in India
Exports from India grew by a third in the past six months
Anonymous 2
Hey I am on Medial • 7m
But let’s be real, a shift in production doesn’t mean Apple will pass on any savings to customers
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Tata coming into the race of Apple production in India. How do you see the penetration??
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Apple plans to shift all U.S.-bound iPhone production to India, marking a significant move to reduce its reliance on China. This strategic pivot comes as the tech giant seeks to diversify its supply chain amid rising geopolitical tensions and trade u
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Apple Expands Presence in India:
Apple opened 4 new stores in India because they hit an all-time high revenue in the Indian market. In other words, they don’t have any additional sources to generate revenue in India right now.
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In the wake of the US-China trade conflict, tech major Apple will source most of the iPhones sold in the North American nation in the June quarter from India.
Apple CEO Tim Cook made the announcement in a post-earnings call. The CEO’s confirmation c