Apple wants to manufacture 25% of its iPhones in India, minister says
Publishing timestamp: 2023-01-23 19:33:25
Summary
Apple is looking to increase its production of iPhones in India from 5-7% to 25%. Last year, Apple began assembling its flagship iPhone 14 in India and has been looking to diversify production away from China. Foxconn is manufacturing smartphones at its Sriperumbudur factory on the outskirts of Chennai in eastern India. India is also exploring bringing some of Apple's iPad production to the country from China.
Sentiment: POSITIVE
Keywords: foxconn technology co ltd, technology, iphone, business news, apple inc, india, smartphones,