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Apple says it will manufacture iPhone 14 in India

Published 09/26/2022, 12:56 AM
Updated 09/26/2022, 06:23 AM
© Reuters. FILE PHOTO: The Apple logo is seen at an Apple Store in Brooklyn, New York, U.S. October 23, 2020. REUTERS/Brendan McDermid/

NEW DELHI (Reuters) -Apple Inc said on Monday it will manufacture its latest iPhone 14 in India, as the tech giant moves some of its production away from China.

The company launched the flagship iPhone 14 at an event earlier this month, where it focused on safety upgrades rather than flashy new technical specifications, with the exception of a new adventure-focused watch.

"The new iPhone 14 lineup introduces groundbreaking new technologies and important safety capabilities. We're excited to be manufacturing iPhone 14 in India," Apple (NASDAQ:AAPL) said in a statement.

Analysts at J.P.Morgan expect Apple to move about 5% of iPhone 14 production from late 2022 to India, which is the world's second-biggest smartphone market after China.

Apple could make one out of four iPhones in India by 2025, JPM analysts said in a note last week.

Latest comments

I am Mr Odom started with$5.00 was at rock bottom and now got millions never say never and some people from my hometown still can't believe it
Pity they went eSIM only and are still doggedly sticking to Lightning port and not universal USB-C. India is a good move though.
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