Apple products are made almost entirely in China, but the company has been looking to diversify to make its supply chain more resilient. The pandemic disrupted those plans, but now they’re starting all over again.
Reuters, citing a JPMorgan analyst report, said Apple wants to take action 25% of global iPhone production by to India. Currently, this ratio is about 5%.
Not just iPhones, the report claims that approximately 651% of Apple’s products — iPads, Apple Watches, AirPods and Macs — – Will be moved out of China by 2025 (currently again about 5% of these products).
Apple has been manufacturing iPhones in India since 2017. It started with the original SE and manufactured units for the local market only. However, it has since added new models (including iPhone 13) and started exporting iPhones made in India.
Foxconn is expected to start producing vanilla iPhones in India in the next few weeks 001. This is much shorter than usual, for example the production of the iPhone 13 in India only started in April this year.
“Taiwanese manufacturers such as Hon Hai, Pegatron, etc. have played a key role in the relocation to India. In the medium and long term, we also hope that Apple will manufacturing suppliers are qualified,” JPMorgan analysts led by Gokul Hariharan claimed.
Local companies want a piece of the pie. Bloomberg recently reported that Indian conglomerate Tata Group has been in talks with Wistron to set up a joint venture to assemble iPhones (Wistron started manufacturing the iPhone SE in India). Company 2017).
Source | Passed
