The Strategist

Apple will start producing iPhones in India

09/26/2022 - 11:17

On Monday, Apple Inc. announced that it would manufacture the iPhone 14 in India. The tech behemoth is shifting part of its manufacturing out of China.

xakes News via flickr
xakes News via flickr
At an event earlier this month, the company presented the top-tier iPhone 14, the emphasis being on increased security rather than glitzy new tech capabilities, with the exception of a new watch targeted at tourists and extremists,.

"Significant safety measures and ground-breaking new technology are featured in the new iPhone 14 series. The news that the iPhone 14 would be produced in India excites us," Apple commented.

J.P. Morgan analysts predict that starting in late 2022, Apple would shift around 5% of the manufacture of the iPhone 14 to India, the country with the second-largest smartphone market after China.

Apple might manufacture one in four iPhones in India by 2025, JPM analysts explained in a letter last week.