Apple hit by China Covid unrest, shortfall of 60 lakh iPhone pro units foreseen
2 years, 3 months ago

Apple hit by China Covid unrest, shortfall of 60 lakh iPhone pro units foreseen

Hindustan Times  

Turmoil at Apple Inc.’s key manufacturing hub of Zhengzhou is likely to result in a production shortfall of close to 60 lakh iPhone Pro units this year, according to a person familiar with assembly operations. Apple and Foxconn increased their estimates of the Zhengzhou shortfall over the past two weeks due to growing disruptions, said the person, adding that they expect to be able to make up the 6 million units in lost output in 2023. Morgan Stanley analysts earlier this month estimated the iPhone Pro model shortfall at about 6 million units this year, though that was before the outbreak of violence in Zhengzhou last week. Apple and Foxconn, also known as Hon Hai Precision Industry Co., said earlier this month that shipments of its newest premium iPhones will be lower than previously expected because of China’s lockdowns without providing specifics.

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History of this topic

Apple announces $500bn investment in the US
3 weeks ago

Apple announces $500bn investment in the US

Al Jazeera  

The move comes on the heels of threats by US President Donald Trump to impose tariffs that would make iPhones made overseas more expensive. The move, announced on Monday, comes just days after US President Donald Trump said Apple CEO Tim Cook promised him that the tech giant’s manufacturing would shift from Mexico to the US. The announcement is similar …

iPhone 16e: Can a budget phone help Apple overtake Huawei in China?
3 weeks, 3 days ago

iPhone 16e: Can a budget phone help Apple overtake Huawei in China?

CNN  

Hong Kong CNN — Apple offered the latest version of its budget friendly phone for pre-sale in key markets on Friday, in an effort to woo price-sensitive customers in countries like China and India. In China, Apple’s second most-largest market, homegrown giant Huawei has made a stunning comeback after being pummeled by American sanctions since 2019. According to data from …

iPhone component maker Murata plans to shift supply chain to India, China trying to block move
3 weeks, 4 days ago

iPhone component maker Murata plans to shift supply chain to India, China trying to block move

Firstpost  

Other than material constraints, China has also limited the movement of Apple’s Chinese technicians to India, restricting the transfer of expertise that could accelerate India’s manufacturing capabilities India’s manufacturing push is showing results, with forecasts suggesting that by 2025, more than 20 per cent of global iPhone production will come from the country. Image Credit: Reuters Murata Manufacturing, a key …

Alibaba to partner with Apple on AI features
1 month ago

Alibaba to partner with Apple on AI features

Deccan Chronicle  

Alibaba will partner with Apple to support iPhones' AI services offering in China, its chairman said on Thursday, a move likely to help the U.S. company ease falling smartphone sales in its key market. While Apple's phones outside China utilize a combination of its proprietary Apple Intelligence and OpenAI's ChatGPT, Tsai did not specify whether the Alibaba partnership would follow …

Apple’s smartphone sales slump in China as Huawei gains market share
1 month, 3 weeks ago

Apple’s smartphone sales slump in China as Huawei gains market share

Live Mint  

Sales of iPhones in China during the quarter were weaker than the overall Chinese market, the data showed. Apple’s smartphone sales in China fell sharply in the final quarter of 2024, hurt by the popularity of local rivals like Huawei and others expanding into the premium market, according to a closely followed research firm. The U.S. tech giant’s fourth-quarter iPhone …

Apple's market share in China declines to 15% as local rivals surge ahead
1 month, 3 weeks ago

Apple's market share in China declines to 15% as local rivals surge ahead

Hindustan Times  

This Jan. 16 story has been corrected to show that it is Apple's worst performance in China for smartphone sales since 2016, not Apple's worst smartphone sales performance in China since 2016, in paragraphs 2, 5) According to statistics released Thursday by research firm Canalys, Apple lost its position as the largest smartphone vendor in China in 2024 when local …

Apple dethroned as top smartphone seller in China, replaced by Vivo & Huawei
1 month, 3 weeks ago

Apple dethroned as top smartphone seller in China, replaced by Vivo & Huawei

Live Mint  

Apple has been replaced as the highest smartphone seller in China as rivals Vivo and Huawei overtook the US-based company after annual shipments in the country declined to 17% in 2024, the New York Post reported, citing data from research firm Canalys. Market share in China Smartphone maker Vivo captured a market share of 17% in 2024, while Huawei had …

China trying to slow Apple's supply chain expansion in India, Vietnam, blocks critical materials & machinery
2 months ago

China trying to slow Apple's supply chain expansion in India, Vietnam, blocks critical materials & machinery

Firstpost  

India has quickly becoming a major hub for iPhone assembly, tapping into its large, affordable workforce and government incentives. Rare earth minerals and high-precision tools used in Apple’s manufacturing means it’s nearly impossible for Apple to completely cut ties with China. Image Credit: Reuters, Reuters Apple’s efforts to shift its supply chain away from China are hitting some roadblocks, as …

Apple's iPhones too expensive for China’s new subsidy scheme, ceiling capped at US$818
2 months, 1 week ago

Apple's iPhones too expensive for China’s new subsidy scheme, ceiling capped at US$818

Firstpost  

The subsidy programme, which allows a maximum rebate of 500 yuan per purchase and is limited to one item per product category, is open to both domestic and foreign manufacturers. Apple’s exclusion comes at a time when foreign smartphone brands, primarily Apple, have seen their market share in China shrink dramatically. Image Credit: Reuters China’s latest consumer subsidy scheme, designed …

Apple AI in China: In talks with Tencent, ByteDance to roll out AI features, sources say
2 months, 3 weeks ago

Apple AI in China: In talks with Tencent, ByteDance to roll out AI features, sources say

The Hindu  

Apple is in talks with Tencent and TikTok owner ByteDance about integrating their artificial intelligence models into iPhones sold in China, according to three sources familiar with the matter. ChatGPT is not available in China and the country's regulatory requirements mandate that generative AI services obtain government approval before public release, forcing Apple to seek local partners for its AI …

Apple moves to work closely with Chinese partners
3 months, 1 week ago

Apple moves to work closely with Chinese partners

China Daily  

A view of Apple's booth during the second China International Supply Chain Expo in Beijing on Nov 26. WANG JING/CHINA DAILY This was his third visit to China this year, sending a clear signal that Apple is continuing to strengthen supply chain cooperation with the world's second-largest economy. Apple's supply chain is truly global, with products designed in California and …

Building Apple products has become a side hustle for China’s biggest EV maker
3 months, 2 weeks ago

Building Apple products has become a side hustle for China’s biggest EV maker

Live Mint  

Apple products say on the box “assembled in China," leaving the mystery of who did the assembling. BYD, known globally as Tesla’s most formidable EV competitor, has a second business manufacturing electronics, and it has grown to assemble more than 30% of Apple’s tablets, according to industry executives and analysts. Cook said on Chinese social media that BYD was among …

Apple ramps up components manufacturing in India to avoid Trump's Chinese tariffs
3 months, 2 weeks ago

Apple ramps up components manufacturing in India to avoid Trump's Chinese tariffs

Firstpost  

Apple’s has been working for years to expand its supply chain away from China and into India. The company is now evaluating potential suppliers to determine which components can be locally sourced Tim Cook at the opening of Apple's first retail store in India, in BKC, Mumbai. Image Credit: Reuters Apple is stepping up its efforts to shift component manufacturing …

China’s iPhone city pivots to manufacturing EVs as India emerges as new Apple smartphone hub
3 months, 3 weeks ago

China’s iPhone city pivots to manufacturing EVs as India emerges as new Apple smartphone hub

Firstpost  

With Apple winding up from China and increasing assembling of iPhone in India, Chinese city, Zhengzhou is now gradually becoming a manufacturing zone of EVs. Aim to produce over 1.5 million new EVs in 2025 In September this year, Zhengzhou Mayor He Xiong said that the city plans to produce over 1.5 million new energy vehicles in 2025. The Nikkei …

Apple’s Sales in China Are Stalling. What Will It Sacrifice to Turn Things Around?
4 months, 2 weeks ago

Apple’s Sales in China Are Stalling. What Will It Sacrifice to Turn Things Around?

Wired  

“Our objective is to move as fast as we can, obviously, because our objective is always to get features out there for everyone. We have to understand the regulatory requirements before we can commit to doing that and commit a schedule to doing that.” In this context, Apple’s decision to open up its biggest research center outside of the US …

Apple to increase its investment in China, Tim Cook says
4 months, 3 weeks ago

Apple to increase its investment in China, Tim Cook says

China Daily  

Apple to increase its investment in China, Tim Cook says By Cheng Yu chinadaily.com.cn Updated: Oct 23, 2024 Consumers select products at an Apple store in Chengdu, Sichuan province, Feb 23, 2024. Tim Cook, CEO of Apple Inc, said the company will continue to increase investment in China and contribute to the industrial and supply chains, as he met with …

Apple breaks out of recent sales slump as it gears up to make its leap into the AI craze
7 months, 2 weeks ago

Apple breaks out of recent sales slump as it gears up to make its leap into the AI craze

Associated Press  

Apple snapped out of a prolonged sales slump during its most recent quarter as the trendsetting company prepares to launch into the artificial intelligence craze with an arsenal of new technology that’s expected to juice demand for its next iPhone. Sales of the iPhone — Apple’s marquee product — remained on a downward slope though, dipping 1% from last year …

Apple suffers steepest sales fall in a year amid China iPhone slump
10 months, 1 week ago

Apple suffers steepest sales fall in a year amid China iPhone slump

The Independent  

Sign up to our free weekly IndyTech newsletter delivered straight to your inbox Sign up to our free IndyTech newsletter Sign up to our free IndyTech newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. “We are also raising our quarterly dividend for the 12th year in a row.” The revenue decline …

Apple To Ship Half Units Of Vision Pro Headsets Than Previously Anticipated. Here's Why It's Scaling Back
10 months, 2 weeks ago

Apple To Ship Half Units Of Vision Pro Headsets Than Previously Anticipated. Here's Why It's Scaling Back

ABP News  

Apple's much-hyped VR headset, the Vision Pro, hit shelves in February this year to mixed reviews, and now, the company faces a challenging decision regarding its production. Originally aiming for an ambitious shipment target of 800,000 units, recent reports from noted analyst and Apple leaker Ming-Chi Kuo suggest that Apple is scaling back its expectations significantly. While Kuo has maintained …

Apple CEO Tim Cook reveals plans to invest more in Vietnam as part of its China Plus One Policy
10 months, 3 weeks ago

Apple CEO Tim Cook reveals plans to invest more in Vietnam as part of its China Plus One Policy

Firstpost  

Apart from India, Apple is also investing heavily into Vietnam as it continues to move away from China under its China Plus One Policy. During his recent visit to Vietnam, Apple CEO Tim Cook announced that the company will invest more in its supply chain in Vietnam As Apple continues to move away from China as part of its China …

Apple CEO says that he wants to increase investments in Vietnam
11 months ago

Apple CEO says that he wants to increase investments in Vietnam

Associated Press  

HANOI, Vietnam — Apple CEO Tim Cook said Tuesday that he wants to further increase investment in Vietnam a day after the company announced it would spending on suppliers in the Southeast Asian manufacturing hub. The company began looking at moving its production to countries like Vietnam, and more recently India, after shutdowns to fight COVID-19 in China repeatedly disrupted …

Apple’s iPhone shipments fall 10% as android rivals rise: What's happening?
11 months ago

Apple’s iPhone shipments fall 10% as android rivals rise: What's happening?

Hindustan Times  

Apple Inc.’s iPhone shipments were down nearly 10% in the first quarter of the year, losing ground as the broader smartphone industry rebounded, according to market tracker IDC. Apple iPhones are seen inside India's first Apple retail store during a media preview, a day ahead of its launch in Mumbai, India. The Cupertino, California-based company has struggled to sustain sales …

Apple to move half of its supply chain from China to India, employ 5 lakh people in 3 years
11 months ago

Apple to move half of its supply chain from China to India, employ 5 lakh people in 3 years

Firstpost  

Apple and its ecosystem has directly created 1,50,000 jobs in India and an additional 3,00,000 jobs when we consider indirect jobs. As Apple plans to move half of its supply chain to India from China, Apple plans to create 5,00,000 direct jobs Apple, who have already created 1,50,00 direct jobs through its ecosystem, plans to employ about 5,00,000 people in …

Apple tumbling in China, iPhone shipments in February fell by about one-third from a year ago
11 months, 2 weeks ago

Apple tumbling in China, iPhone shipments in February fell by about one-third from a year ago

Firstpost  

Apple’s sales in China continue to slide. Apple’s iPhone shipments in China, plummeting by approximately one-third compared to the previous year. In January of 2024, Apple saw a 39 per cent year-on-year decrease Apple’s fortune continues to be on precarious ground in China. Official state data released on Tuesday indicates a significant decline in Apple’s iPhone shipments in China, plummeting …

Apple CEO: China's supply chain is most critical to firm
11 months, 3 weeks ago

Apple CEO: China's supply chain is most critical to firm

China Daily  

Apple CEO Tim Cook and Wang Chuanfu, CEO of BYD, at Apple's Shanghai office on March 20, 2024. Cooperation: Nation's advantage in manufacturing highlighted There's no supply chain in the world more critical to Apple than that of China, Apple CEO Tim Cook said in an interview with China Daily in Shanghai on Wednesday, as the senior executive highlighted the …

Apple to expand in China with new research labs
1 year ago

Apple to expand in China with new research labs

China Daily  

Consumers select products at an Apple store in Chengdu, Sichuan province, Feb 23, 2024. Apple Inc said on Tuesday that it is expanding in China with new applied research labs, in its latest move to tap into the country's manufacturing and research and development prowess to produce the best products. Isabel Ge Mahe, vice-president and managing director of Apple Greater …

Apple China iPhone sales plunge 24% as Huawei's popularity surges
1 year ago

Apple China iPhone sales plunge 24% as Huawei's popularity surges

The Hindu  

Apple's iPhone sales in China fell 24% year-on-year in the first six weeks of 2024, according to research firm Counterpoint, as the U.S. company faced increased competition from domestic rivals such as Huawei. The U.S. tech giant's chief competitor in China in premium smartphones, Huawei, saw unit sales rise by 64% in the period, according to the report. Apple "faced …

Apple's China sales tumble highlights waning clout as local brands gain
1 year, 1 month ago

Apple's China sales tumble highlights waning clout as local brands gain

The Hindu  

Apple's weak China sales performance may have shocked investors, but customers and analysts have been noting the rising challenges the company faces in its third-largest market. Intensifying competition from domestic rivals, coupled with longer upgrade cycles as consumers spend more cautiously amid an economic slowdown, have stunted Apple's China growth, with sales there nosediving by 13% in the quarter ending …

Apple China sales lag overshadows quarterly profit, revenue beats
1 year, 1 month ago

Apple China sales lag overshadows quarterly profit, revenue beats

Live Mint  

Apple on Thursday reported China sales that missed Wall Street targets, overshadowing overall sales and profit that beat analysts' targets, powered by iPhone growth. Wall Street had been targeting just under $96 billion in sales, a small year-over-year rise, according to LSEG data, compared with Apple's forecast of roughly $90 billion, which is $5 billion below last year's figure. Apple …

Apple vs Samsung: iPhone maker overtakes South Korean giant as world's largest smartphone maker
1 year, 1 month ago

Apple vs Samsung: iPhone maker overtakes South Korean giant as world's largest smartphone maker

Firstpost  

In a historic shift, Apple’s iPhone outpaced Samsung’s smartphones to clinch the title of the world’s best-selling smartphone in 2023, marking the first time the South Korean tech giant has surrendered the top position since 2010. Meanwhile, Samsung experienced a 13.6 per cent decline in smartphone shipments, totalling 226.6 million units and securing a market share of 19.4 per cent, …

Big Trouble: iPhone Sales in China Continue To Fall Putting Apple Under Pressure
1 year, 2 months ago

Big Trouble: iPhone Sales in China Continue To Fall Putting Apple Under Pressure

News 18  

BEIJING: Apple's iPhone sales in China dropped by 30% in the first week of 2024, Jefferies analysts said in a note, adding to signs of growing competitive pressures from domestic rivals such as Huawei for the U.S. tech giant. The decline in Apple's sales was the primary catalyst for an overall double-digit drop in China smartphone shipments for the first …

Trouble for Apple: More Chinese government offices and state-backed businesses are banning the iPhone
1 year, 2 months ago

Trouble for Apple: More Chinese government offices and state-backed businesses are banning the iPhone

Firstpost  

Apple is increasingly finding itself in a rather problematic situation. Months after being banned by certain departments of the Chinese government, Apple’s iPhone was again banned by a number of government offices and state-backed businesses, who have asked employees to use local Numerous Chinese government agencies and state-backed firms have recently implemented a directive prohibiting employees from bringing iPhones and …

China iPhone sales strong, Apple tells investors as Huawei threat looms
1 year, 4 months ago

China iPhone sales strong, Apple tells investors as Huawei threat looms

The Hindu  

Apple said on Thursday that demand for its iPhones in China was strong, trying to reassure investors who are worried it is losing ground to a newly resurgent Huawei Technologies and other local smartphone makers. Research firm Canalys estimated that overall smartphone sales in China fell 3% in July-September from a year earlier as consumers bought fewer smartphones as an …

Apple supplier Foxconn under investigation in China for tax evasion and land use violation
1 year, 4 months ago

Apple supplier Foxconn under investigation in China for tax evasion and land use violation

Firstpost  

Taiwan’s Foxconn is under scrutiny by Chinese authorities for alleged violations of China’s tax and land use codes. Authorities are also carrying out on-site investigations in central Hunan and Hubei Foxconn Technology Group, the world’s largest electronics contract manufacturer, is currently facing scrutiny in mainland China. Chinese authorities have initiated tax and land use investigations at multiple Foxconn sites, according …

Apple's Indian contract facility temporarily halts iPhone assembly after fire
1 year, 5 months ago

Apple's Indian contract facility temporarily halts iPhone assembly after fire

Firstpost  

Apple supplier Pegatron temporarily halted iPhone assembly at its facility in Chennai on Monday after a fire incident on Sunday night, according to a report citing sources Apple supplier Pegatron temporarily halted iPhone assembly at its facility in southern India on Monday after a fire incident on Sunday night, three sources told Reuters. The Taiwanese firm cancelled the first two …

China denies reported ban on Apple iPhone purchases and usage
1 year, 6 months ago

China denies reported ban on Apple iPhone purchases and usage

Al Jazeera  

The supposed ban comes at a time when tensions are rising between Washington and Beijing. China has not issued a ban on the buying and use of foreign phone brands, the Chinese foreign ministry said in response to media reports that said some government agencies and firms had told staff to stop using Apple’s iPhones at work. On Wednesday, the …

Ahead of iPhone 15 launch, Apple copes with China challenge
1 year, 6 months ago

Ahead of iPhone 15 launch, Apple copes with China challenge

Hindustan Times  

Apple on Tuesday is expected to unveil a new iPhone 15 lineup as questions about market access in China and competition hang over the world's most valuable listed company. Apple will also have to grapple with competition from Huawei Technologies, which was its top rival in China's premium smartphone market until U.S. export controls ruined Huawei's phone business in 2019. …

Apple shares fall amid reports of China’s increasing iPhone restrictions
1 year, 6 months ago

Apple shares fall amid reports of China’s increasing iPhone restrictions

Al Jazeera  

Reports say China has barred the use of Apple smartphones in central government agencies, leading to a sharp drop in Apple’s shares. Apple shares fell sharply for a second straight session following reports of significant Chinese restrictions on iPhones at government offices and state-backed entities amid growing tensions between China and the United States. Shares of the world’s biggest publicly-traded …

Ahead of mega Apple event next week, China bans govt officials from using iPhones
1 year, 6 months ago

Ahead of mega Apple event next week, China bans govt officials from using iPhones

India TV News  

Ahead of mega Apple event next week, China bans govt officials from using iPhones The ban comes ahead of an Apple event next week that analysts believe will be about launching a new line of iPhones and could trigger concern among foreign companies operating in China as Sino-US tensions escalate. The ban comes ahead of an Apple event next week …

Make in India: Dell, HP, Foxconn, and others in line for state aid in production
1 year, 6 months ago

Make in India: Dell, HP, Foxconn, and others in line for state aid in production

Live Mint  

Amid central government's push to make a manufacturing hub for the world, its financial incentive plan to boost local production is receiving good response. Indian Premier Narendra Modi’s $2.1 billion financial incentive plan — a bid to boost local production of technology hardware such as laptops, personal computers, tablets and servers — has received an overwhelming industry response, Tech Minister …

Top Tech News Today August 30 iPhone 15 Production Issues Resolve Kuo Meta Pulls Over 7,500 Chinese Accounts Xiaomi Quarterly Revenue Falls
1 year, 6 months ago

Top Tech News Today August 30 iPhone 15 Production Issues Resolve Kuo Meta Pulls Over 7,500 Chinese Accounts Xiaomi Quarterly Revenue Falls

ABP News  

iPhone 15 Production Issues Resolved Ahead Of September Launch Famed Apple analyst Ming Chio-Kuo of TF International Securities has said that production issues for the non-pro iPhone 15 and 15 Plus have been resolved, a day after Apple sent media invites for the September 12 "Wonderlust" event. While the pricier iPhone 15 Pro models are said to come with a …

Apple Supplier Foxconn Begins iPhone 15 Production in India
1 year, 6 months ago

Apple Supplier Foxconn Begins iPhone 15 Production in India

Deccan Chronicle  

Apple Inc.’s next-generation iPhone 15 is beginning production in Tamil Nadu, in an effort to further narrow the gap between its India operations and main manufacturing base in China. “Apple’s increased production in India will lead to more of its supply chain moving to the country,” said Shilpi Jain, a senior analyst at Counterpoint Research. Other Apple suppliers in India …

Apple’s Foxconn commences production of iPhone 15 in India: Report
1 year, 7 months ago

Apple’s Foxconn commences production of iPhone 15 in India: Report

Live Mint  

The upcoming iPhone 15 from Apple Inc. is now reportedly entering the production phase in Tamil Nadu, as part of the company's efforts to reduce the disparity between its manufacturing operations in India and its primary production hub in China. A facility operated by Foxconn Technology Group in Sriperumbudur, Tamil Nadu is gearing up to dispatch the latest iPhone units …

iPhone sales slow down: Apple to see sharpest fall in revenue since 2016 as analysts stress on AI to boost growth
1 year, 7 months ago

iPhone sales slow down: Apple to see sharpest fall in revenue since 2016 as analysts stress on AI to boost growth

Live Mint  

Apple is expected to see decline in iPhone sales due to cautious consumer behaviour and anticipation of new model. Apple is expected to witness a decline in iPhone sales during the April-June quarter, attributed to cautious consumer behaviour in a slow economy as the launch of a new model is anticipated. {{^adFree}} {{/adFree}} Apple, the world's most valuable company, is …

Apple plans to make 85 million iPhone 15 units despite global crisis
1 year, 7 months ago

Apple plans to make 85 million iPhone 15 units despite global crisis

India TV News  

Apple has reportedly asked its suppliers to manufacture around 85 million units of the iPhone 15 this year. Bloomberg reports that Apple is determined to maintain stable shipments of the iPhone 15 and is even considering raising the prices of the Pro models to potentially increase overall revenue. As a company, Apple's decisions have far-reaching effects on the global economy, …

Apple Partner Foxconn On Hiring Spree At Largest Factory Ahead Of iPhone 15 Launch
1 year, 8 months ago

Apple Partner Foxconn On Hiring Spree At Largest Factory Ahead Of iPhone 15 Launch

ABP News  

Apple's largest and most prominent manufacturing partner Foxconn has ramped up hiring at the world's biggest iPhone factory in Zhengzhou province of China, weeks ahead of the launch of the upcoming iPhone 15. A recruiter named Zhao, which is responsible for hiring staff for Foxconn, is hiring permanent employees and temporary workers at an hourly wage of 21.5 yuan, the …

Foxconn denies allegations Apple will move supply chain outside China
1 year, 8 months ago

Foxconn denies allegations Apple will move supply chain outside China

China Daily  

The logo of Foxconn is seen at Longhua district, Shenzhen, Guangdong province, Sept 3, 2022. Liu Young-way, chairman and CEO of Foxconn Technology Group, the world's largest electronics manufacturing contractor, denied that Apple Inc planned to move its supply chains out of Chinese mainland. Foxconn, formally known as Hon Hai Precision Industry Co, is a key supplier of Apple. Looking …

Apple’s ‘Dil Maange More’: Wants to increase global iPhone production in India to 18% by 2025
1 year, 9 months ago

Apple’s ‘Dil Maange More’: Wants to increase global iPhone production in India to 18% by 2025

Firstpost  

It seems that Apple wants to place some big bets on its Indian factories, and the local, Indian companies that it has partnered up with. The tech giant wants to increase India’s share in the global production of iPhones from 7% to 18% by 2025 Apple is really pushing to increase its organic presence in India. Apple recognises India’s emerging …

Apple ramps up iPhone production in India to $7 billion in strategic shift from China
1 year, 11 months ago

Apple ramps up iPhone production in India to $7 billion in strategic shift from China

India TV News  

Apple Inc. increased its iPhone production in India over the previous fiscal year, exceeding the $7 billion milestone and tripling its output in the country. The American business currently manufactures approximately 7% of its iPhones in India through increasing partnerships with companies like Foxconn Technology Group and Pegatron Corp. India produced an estimated 1% of the world's iPhones in 2021 …

Apple supplier Foxconn plans to rely less on China for revenue
2 years ago

Apple supplier Foxconn plans to rely less on China for revenue

Live Mint  

TAIPEI : Foxconn Technology Group, one of Apple’s biggest suppliers, said it would rely less on China as a source of revenue as it diversifies production sites to strengthen supply-chain resilience. Taiwan-based Foxconn, best known for assembling Apple Inc.’s iPhones and other products in big plants in mainland China, has been diversifying its production sites as well as the products …

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