TECH - Apple Set For Selling 'Made In India' iPhone 15 on Launch Day | Benzinga
Apple Inc (NASDAQ: AAPL) will likely break new ground by making its India-built iPhone 15 available on the global launch day, a significant shift in Apple’s supply chain strategy as U.S.-China geopolitical tensions escalate.
Traditionally, China manufactured the majority of iPhones. Still, with the introduction of the iPhone 15, Apple plans to offer India-assembled devices on the first day of sale, marking a milestone for Indian production, Bloomberg cites familiar sources.
The production of the iPhone 15 commenced at a Hon Hai Precision Industry Co Ltd (OTC: HNHPF) Foxconn Technology Group factory in southern Tamil Nadu in August, reflecting Apple’s ongoing efforts to reduce the gap between its India operations and its primary manufacturing hubs in China.
While this move signals Apple’s confidence in India’s production capabilities, there may be slight delays due to ...