Apple is continuing to cut its reliance on China and will move 5% of its global iPhone 14 production to India late this year, and expand its manufacturing capacity there to produce a quarter of all iPhones by 2025, according to a report by TechCrunch, which cited a note by JP Morgan analysts on Wednesday.
Meanwhile, Vietnam will contribute 20% of all iPad and Apple Watch production, as well as 5% of MacBooks and 65% of AirPods by 2025, the analysts were quoted as saying in the report, which added that Samsung has also identified India as a key manufacturing hub because of its ample manpower and competitive costs, while Google plans to move production of some Pixel smartphones to India.
Read the full report: TechCrunch.
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