Apple Plans To Shift Entire US iPhone Assembly To India By 2026: Report
by Bhupendra Paintola · Inc42SUMMARY
- The tech giant is aiming to go beyond just diversification, seeking to manufacture the entire volume of iPhones sold in the US, roughly 60 Mn units annually, entirely in India
- While China still accounts for nearly 80% of global iPhone production, Apple has been gradually moving parts of its supply chain out of the country
- India already assembles 30 Mn to 40 Mn iPhones in India every year, almost 25% of its total global iPhone production