(Reuters) -Apple Inc plans to start manufacturing iPhone 14 in India as the U.S. tech giant seeks alternatives to China after Xi administration’s clashes with Washington and lockdowns across the country disrupted production, Bloomberg News reported.
The company has been working with suppliers to ramp up production in India and shorten the lag in manufacturing new iPhones from the typical six to nine months for previous launches, the report said on Tuesday, citing people familiar with the matter. (https://bloom.bg/3PKqMcB)
According to the report, Apple’s Taiwan-based supplier Foxconn has studied the process of shipping items from China and assembling the iPhone 14 at its plant outside southern Indian city of Chennai.
Production of the first iPhone 14s from India is likely to be completed in late-October or November, the report added.
Apple did not immediately respond to Reuters’ request for comment.
Don't miss out on any breaking news or insightful opinions!
Subscribe to our free newsletter and stay updated on the go!
By submitting this form, you are consenting to receive marketing emails from: Global Banking & Finance Review. You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email.
The company has been shifting some areas of iPhone production from China to other markets including India, the world’s second-biggest smartphone market, and is also planning to assemble iPad tablets there.
India and countries such as Mexico and Vietnam are becoming increasingly important to contract manufacturers supplying American brands as they try to diversify production away from China.
Last week, Nikkei reported the tech giant’s suppliers are in talks to produce Apple Watch and MacBook in Vietnam for the first time.
(Reporting by Shivani Tanna in Bengaluru; Editing by Sherry Jacob-Phillips)
Uma Rajagopal has been managing the posting of content for multiple platforms since 2021, including Global Banking & Finance Review, Asset Digest, Biz Dispatch, Blockchain Tribune, Business Express, Brands Journal, Companies Digest, Economy Standard, Entrepreneur Tribune, Finance Digest, Fintech Herald, Global Islamic Finance Magazine, International Releases, Online World News, Luxury Adviser, Palmbay Herald, Startup Observer, Technology Dispatch, Trading Herald, and Wealth Tribune. Her role ensures that content is published accurately and efficiently across these diverse publications.