Since Apple SE's assembly in India in 2017, Apple has been working hard to produce its products in the local area.At present, foundry partners have successfully assembled $ 14 billion in iPhone for Apple in India.This shows that in the next few years, Apple will increase its production scale in India.Ahmedabad Investment
According to Apple's financial report, during the fiscal year of 2024 (began on October 1, 2023), they have begun to assemble in India, and this trend will continue.Although it is not clear how much time it takes to complete the assembly work, it is certain that in the past year, more than 5 million iPhone has been manufactured and sold in India.Kanpur Wealth Management
In addition, Apple has found some new founders in India to help them produce iPhone.Among them, Foxconn is one of their most important partners, accounting for about 67%of the iPhone produced in India; and He Shuo assumes about 17%of the share; the other parts areProvided by the Tucker Factory.New Delhi Investment
In short, as Apple attaches more and more attention to the Indian market and actively find new founders to help them expand their production scale in India, India is expected to become one of Apple's most important iPhone production place in the next few years.
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