iPhone Maker Foxconn Pours $1.5 Billion Into India Manufacturing Efforts

4 weeks ago 6
Apple's superior iPhone shaper Foxconn has invested $1.5 cardinal into India, signaling a important acceleration successful Apple's efforts to displacement ‌iPhone‌ accumulation distant from China, Bloomberg reports.


The concern was disclosed successful a banal speech filing by Foxconn, which has been actively expanding its manufacturing footprint successful confederate India successful caller years. The institution is besides expanding its concern successful the United States.

The determination comes arsenic Apple continues to diversify its accumulation basal distant from China, which has agelong served arsenic the cornerstone of its ‌iPhone‌ manufacturing. India has emerged arsenic Apple's astir captious alternate manufacturing hub.

Apple reportedly assembled $22 cardinal worthy of iPhones successful India during the 12 months ending successful March 2025, a astir 60% summation implicit the erstwhile year. Foxconn, Tata Electronics, and Pegatron present operates facilities successful India focused connected ‌iPhone‌ manufacturing. Apple is seemingly aiming to manufacture the bulk of iPhones sold successful the United States successful India by the extremity of 2026.
This article, "iPhone Maker Foxconn Pours $1.5 Billion Into India Manufacturing Efforts" archetypal appeared connected MacRumors.com

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