Apple, iPhone and India
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Apple is making a big shift in its global supply chain for the first time; every model of the upcoming iPhone 17, including the premium Pro versions, will be assembled in India.
Sales of foreign-branded phones, including Apple Inc's iPhone, declined 31.3% year-on-year in China in June, according to Reuters' calculations based on data released on Wednesday by a government-affiliated research firm.
According to Bloomberg, both Foxconn and Tata are now assembling the full iPhone 17 series in India, including the premium Pro models. Production is taking place at Tata’s Hosur facility and Foxconn’s Bengaluru plant,
Tata as one of Apple’s key partners is expected to handle nearly half of India’s iPhone output within the next two years
Apple shifts more iPhone production to India, with all iPhone 17 models set to launch from Indian factories for the first time.
After years of relying on China for iPhone production, Apple is boosting its presence in India. The tech giant hit a milestone ahead of the iPhone 17 launch.
19don MSN
Apple got a much-needed iPhone and China boost, but expects a $1.1 billion tariff hit this quarter
Apple reported strong iPhone sales and rebound in revenue from China, giving a much-needed boost to two parts of the company’s business that had struggled over the past year.
A new report says that Apple will finally hit a long-held goal to reduce its dependence on China with the launch of the iPhone 17. Indian iPhone production has always lagged behind that of China, but all this is now changing – with import tariffs acting as an additional incentive …
Morgan Stanley turns bullish on Apple, citing stronger iPhone demand in China, AI potential, and upside in future quarters.
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