Apple may look at India for development of new iPhone model for the first time outside China
Apple may look at India for development of new iPhone model for the first time outside China
Apple may start developing a new iPhone model outside of China for the first time, with the iPhone 17 potentially being developed in India, according to Apple analyst Ming-Chi Kuo. This move is part of Apple's broader strategy to diversify its supply chain away from China. Last week, Tata acquired Wistron's iPhone assembly plant in India for $125 million, and the proportion of iPhones made in India is expected to increase to 20-25% by 2024. Tata is well-positioned to take advantage of the Indian government's production-linked incentive scheme for smartphones.
Apple may start developing a new iPhone model outside of China for the first time, with the iPhone 17 potentially being developed in India, according to Apple analyst Ming-Chi Kuo. This move is part of Apple's broader strategy to diversify its supply chain away from China. Last week, Tata acquired Wistron's iPhone assembly plant in India for $125 million, and the proportion of iPhones made in India is expected to increase to 20-25% by 2024. Tata is well-positioned to take advantage of the Indian government's production-linked incentive scheme for smartphones.
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Apple may start developing a new iPhone model outside of China for the first time, with the iPhone 17 potentially being developed in India, according to Apple analyst Ming-Chi Kuo. This move is part of Apple's broader strategy to diversify its supply chain away from China. Last week, Tata acquired Wistron's iPhone assembly plant in India for $125 million, and the proportion of iPhones made in India is expected to increase to 20-25% by 2024. Tata is well-positioned to take advantage of the Indian government's production-linked incentive scheme for smartphones. 
