Currently, less than 5 percent of iPhones sold worldwide are assembled in India, but Apple’s long-term goal is for their contract assemblers to make up to 45 percent of iPhones in India in its belated shift away from CCP-controlled, hence unreliable China.
iPhone models today are assembled in India by Foxconn and Pegatron in Tamil Nadu and Wistron in Karnataka.
Apple CEO Tim Cook is scheduled to visit India next week to open the first two Apple stores in the country… It will be Cook’s first trip to India in seven years and comes as the country becomes increasingly important to Apple as it shifts its supply chain focus away from China.
Since last year, Apple has been moving some of its iPhone production to India from China to take advantage of the country’s generous government subsidies to electronics manufacturing, lower labor costs and more predictable political climate. In the past 12 months, India might have doubled its iPhone export to $2.5 billion, pending official data. For now, the country makes less than 5 percent of iPhones sold worldwide, but Apple’s long-term goal is to assemble up to 45 percent of iPhones in India, analysts estimate.
MacDailyNews Take: Can’t happen soon enough.
The CCP’s lunacy is India’s gain. – MacDailyNews, March 3, 2023
Please help support MacDailyNews. Click or tap here to support our independent tech blog. Thank you!
Support MacDailyNews at no extra cost to you by using this link to shop at Amazon.
Very good thanks.
I see what you did there… 😆
explain please
I don’t get the joke; explain please
This is awful. Tim Cook is a failure at operations. He has learned nothing. India just joined china and Russia in not using the US$ for trade. They are at best a backstabbing opportunist, and more likely a slightly less hostile s-hole than communist china and cook’s other ‘diversification’ play s-hole communist Vietnam.
He should diversify to Germany, to Mexico, to Brazil, but absolutely most importantly to some production in the United States. He’s a complete failure. Grossly incompetent not understanding business 101 concepts such as actual diversification of risk. Instead, he is strengthening countries hostile not just to America but to American companies. They resent and hate American companies at their core and only want American money and stolen IP. They do not want any genuine partnership.
Cook is grossly incompetent and needs to be fired for failing to diversify for so long, and now for doing it so poorly.
Agree with every word, excellent summation.
Retire Cook and hire a CEO that can get the job DONE and relocate 100% of Apple manufacturing in the USA.
The richest company in history has all the money and resources, it LACKS the WILL, and dropping the addiction to OBSCENE PROFITS on the backs on slave labor.
That would be virtual signaling HYPOCRITE Clueless Cook…