Apple to increase iPhone production in India to 50 million units a year - WSJ

Apple and its suppliers plan to produce more than 50 million iPhones in India annually over the next two to three years. This is stated in the article of The Wall Street Journal, reports UNN.

Details

The production of iPhones in India is planned to increase, and if the plans are implemented, India will account for a quarter of the world's iPhone production. Although China will remain the largest producer. China.

Apple has chosen India as a platform for the stage of production of budget iPhones to be sold in 2025. So far, such work has been carried out only in China. The first phase of the Foxconn plant, which is being built in the southern state of Karnataka is expected to start operating in April. The plant will produce 20 million mobile phones annually. Foxconn plans to build another mega-factory for iPhone production plant, which will have the same capacity as the one in Karnataka. According to the announced plans, Foxconn's investments in India will exceed 1.5 billion dollars.

In combination with plans to expand production at Foxconn's existing plant near Chennai and another existing plant recently purchased by Indian conglomerate Tata, these developments mean that Apple intends to be able to to produce at least 50-60 million iPhones annually in India. After that annual capacity could increase by tens of millions of units.

Context

Apple's tactics reflects the desire of technology companies concerned about dependence on China, to move production to Southeast and South Asia. The trend is accelerated by the diplomatic efforts of the United States and its allies to block Beijing's access to advanced technologies. Beijing's access to advanced technologies.

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