New Delhi – Apple Inc. plans to make iPhone 14 In India, the company announced on Monday as a manufacturer Production transfer from China Amid geopolitical tensions and pandemic restrictions that have disrupted supply chains for many industries.
“The new iPhone 14 lineup introduces groundbreaking new technologies and important safety features. We are excited to manufacture iPhone 14 in India,” Apple said in a statement.
Apple announces latest iPhone lineup Early this month. For the same price as last year’s model, it will come with an improved camera, a faster processor and a longer-lasting battery.
India is the world’s second-largest smartphone market after China, but Apple’s iPhone sales have struggled to gain a significant share of the market compared to its competitors’ cheaper smartphones.
The Cupertino, Calif.-based company’s announcement aligns with Prime Minister Narendra Modi’s push for domestic manufacturing, a key government goal since he took office in 2014.
The company has bet heavily on India, where it first started manufacturing the iPhone SE in 2017, and has continued to assemble many iPhone models in India ever since. Apple opened an online store for India two years before him, but the pandemic has delayed plans for a flagship store in India, according to local media reports.
According to a JP Morgan report cited by the Press Trust of India news agency, Apple will move about 5% of its iPhone 14 production to India from the second half of this year, likely to rise to 25% by 2025. is.
Analysts expect nearly a quarter of all Apple products to be manufactured outside of China by 2025, compared to about 5% today. Supply chain risks, such as the stringent COVID-19 lockdowns seen in China, are likely to trigger such relocation efforts over the next two to three years, the report said.
“Apple has been trying to diversify its supply chain for some time, but those efforts have expanded over the past two years over trade sanctions between the United States and China,” said Canalys analyst Sanyam Chawurasia.
Last year, the tech giant manufactured around 7 million iPhones in India. He added that the news is likely to lead to a significant increase in India-made Apple smartphones.
He said plans to produce more iPhones in India could also help Apple cut prices for the Indian market, making it more competitive. “Manufacturing locally allows us to adopt a more aggressive pricing strategy,” said Chaurasia.
Most of Apple’s smartphones and tablets are assembled by contractors with factories in China, but the company said in 2020 that it would move some production to Southeast Asia or elsewhere after repeated shutdowns to combat COVID-19. disrupted the global flow of the product.
Apple hasn’t released details, but reports say the company plans to assemble tablet PCs and wireless earbuds in Vietnam.
Other companies maintain or expand manufacturing in China to serve the domestic market, while rising wages and other costs, and COVID-19 travel drive foreign executives to visit China. export-oriented jobs are shifting to other countries as it is becoming more difficult. limit.
https://nypost.com/2022/09/27/apple-will-manufacture-iphone-14-in-india/ Apple will manufacture iPhone 14 in India