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The US company now makes almost 7% of its iPhones in India through expanding partners from Foxconn Technology Group to Pegatron Corp., people familiar with the matter said. That’s a significant leap for India, which accounted for an estimated 1% of the world’s iPhones in 2021.
Tech giant’s reported plans come as company seeks to expand its manufacturing presence beyond China.
Apple saw its production in India jump from 1% of all iPhones sold worldwide, to 7%. In the fiscal year ending March 2023, Apple India saw about $7 Billion worth of products being produced in India.
Apple has assembled more than $7 billion worth of iPhones in India with the help of Foxconn, Wistron and Pegatron
Apple has also been mass-producing its Apple Watch in Thailand for more than a year.