Apple Inc. (NASDAQ:AAPL), the world’s largest consumer electronics maker, announced on Monday that some of the production of its newest iPhone model, the iPhone 14, will transfer from China to India.
Earlier this month, the business held an event introducing its most current flagship product, the iPhone 14. At the event, the company focused more on safety updates than on showy new technical characteristics, except for a new watch that is centered on adventure.
Apple Inc All New iPhone
“The all-new iPhone 14 product family comes pre-loaded with a plethora of game-changing new innovations as well as essential safety features, and it is available for purchase now. We are ecstatic to let you know that Apple Inc will begin manufacturing the iPhone 14 in India, and it is a joy for us to do so. “You can find a statement that Apple issued to clarify their position here. Apple Inc has issued a statement.
JPMorgan analysts anticipate that Apple Inc will transfer approximately five percent of iPhone 14 production to India in late 2022. India is currently the second-largest smartphone market in the world, behind China.
According to a note published by JPM analysts last week, Apple might manufacture one of every four iPhones in India by the year 2025.
JPMorgan analysts anticipate that Apple will transfer approximately five percent of iPhone 14 production to India in late 2022. India is currently the second-largest smartphone market in the world, behind China.
According to a note published by JPM analysts last week, Apple Inc might manufacture one of every four iPhones in India by the year 2025.
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