Major iPhone Supplier Planning Further Push Into India as Apple Looks to Diversify Supply Chain
Foxconn, Apple's largest supplier, is looking to further expand its presence in India with the opening of a new production facility within an existing factory in the country to produce the iPhone, The Economic Times reports.
Foxconn is reportedly set to begin production in the new building in just a few months after ramping up hiring in the country in recent weeks, according to the report. The new building is reportedly part of Foxconn's existing factory near Chennai, India.
Apple started production of the iPhone 13 in India earlier this year, and the expansion by Foxconn in the country is part of Apple's goal to further diversify its supply chain. The new production facility is all part of Foxconn's commitment to continued investment in India and part of the government's efforts to strengthen the local market.
In recent years Apple has stepped up efforts to expand its supply chain to sources and suppliers outside of China and into India, Vietnam, and other countries. Apple's supply chain has experienced a turbulent past three years due to the global health crisis and geopolitical conflict.
Popular Stories
Apple's iPhone 18 Pro models have entered mass production and are now in a production ramp-up phase, according to China Securities News.
In a new report citing supply chain sources (via MyDrivers), Apple's main assembly partner Foxconn is said to have entered its peak recruitment period to prepare for large-scale production and stocking ahead of the fall launch. Hourly wages, base pay, and...
Apple's foldable iPhone still faces production hurdles that leave its exact launch timing undecided, according to a new report from DigiTimes, even as Foxconn carries out what supply chain sources describe as "final mass-production adjustments."
The report says Apple has assigned Foxconn to lead the device from new product introduction (NPI) through to mass production, citing the assembler's ...
Apple stands to gain from India's decision to eliminate import duties on a range of components used in smartphone manufacturing, in a move that could further lower costs for the company's rapidly growing India-based supply chain.
According to a report from Reuters, the Indian government has done away with tariffs of 7.5% and 5% that had applied to inputs for wireless charging hardware,...
