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Apple has considerably elevated its manufacturing of iPhone fashions in India, accounting for nearly 7 p.c of its complete iPhone manufacturing, up from 1 p.c in 2021, Bloomberg Information reported on Thursday.
The corporate assembled greater than $7 billion (roughly Rs. 57,396 crore) value of iPhone fashions within the nation within the final fiscal 12 months, the report stated.
Apple didn’t instantly reply to a Reuters request for remark.
The Cupertino, California based mostly tech big can also be reportedly in talks with suppliers to make MacBooks in Thailand as the corporate continues to increase its manufacturing footprint outdoors of China.
Suppliers who’re taking part in these talks have current manufacturing complexes in Thailand for different purchasers and are discussing doable meeting and manufacturing of parts and modules for MacBooks, sources from three suppliers straight concerned within the conversations with Apple informed Nikkei.
Apple and its key suppliers have been shifting manufacturing away from China as they search to keep away from a possible hit to enterprise from mounting Sino-US commerce frictions.
Final month, it was reported that Taiwanese contract producer Foxconn had gained an order to make AirPods for Apple and deliberate to construct a manufacturing facility in India to provide the wi-fi earphones.
The deal will see Foxconn, the world’s largest contract electronics maker and assembler of round 70 p.c of all iPhones, turn into an AirPods provider for the primary time and underlines efforts by the important thing Apple provider to additional diversify manufacturing away from China. AirPods are at present made by a spread of Chinese language suppliers.
One supply stated Foxconn will make investments greater than $200 million (roughly Rs. 1,650 crore) within the new India AirPods plant within the southern Indian state of Telangana. It wasn’t instantly clear how a lot the AirPods order can be value.
© Thomson Reuters 2023
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