Foxconn Technology Group in Sriperumbudur, Tamil Nadu is gearing up to dispatch the latest iPhone units shortly after their initial rollout from Chinese factories, reported Bloomberg. This move is aimed at rapidly ramping up the quantity of new iPhones manufactured in India, according to individuals acquainted with the situation. As per the report, Apple is engaged in a multiyear initiative to broaden its manufacturing beyond China.
This move aims to reduce supply chain vulnerabilities for its critical products, given the increasing uncertainty in trade due to tensions between Washington and Beijing. Prime Minister Narendra Modi's administration in India has endeavored to strengthen its relationship with the United States while positioning the country as a prominent manufacturing center. Reportedly, the objective for the current year is to further align the shipment schedules from India and China, although suppliers remain uncertain about achieving this goal.
The individuals providing this information preferred to remain anonymous since it is not publicly disclosed. The extent of iPhone 15 production in India will hinge on the accessibility of components, predominantly sourced through imports, and the seamless scaling up of production lines at the Foxconn facility situated near Chennai, adds the report. Anticipated to be unveiled around September 12, the upcoming iPhone represents a significant advancement for the device after a span of three years.
Read more on livemint.com