Apple has begun manufacturing iPhone 14 models in India, marking the first time it has produced its current smartphone lineup in the country during the same year as its release.
Foxconn is assembling the iPhone 14 in the Sriperumbudur facility near Chennai and locally produced units will go on sale in the country later this year.
“We’re excited to be manufacturing iPhone 14 in India,” an Apple spokesperson told TechCrunch in a statement.
JP Morgan analysts estimate that Apple will move 5% of global iPhone 14 production to India by the end of the year and expand manufacturing in the country to 25% of all iPhones by 2025.
“India’s iPhone supply chain has historically supplied only legacy models. Interestingly, Apple has requested that EMS vendors manufacture iPhone 14/14 Plus models in India in 4Q22, within two to three months of the start of production in Mainland China. The much shorter interval implies the increasing importance of India production and likely higher iPhone allocations to India manufacturing in the future.”
“We believe Apple only produces iPhone 14/14 Plus models in India now due to the more complex camera module alignment of the iPhone Pro series (done by EMS vendors) and higher local market demand for the iPhone 14 series (tax savings). We expect the volume to start small in 4Q22 (~1M units per month, or 5% of total iPhone volume).”
There is hope that expanded iPhone manufacturing in India could mean lower iPhone prices for locals. Currently, the iPhone 14 costs around $980 in India versus $799 in America.
More details in the full report linked below...
Read More
Foxconn is assembling the iPhone 14 in the Sriperumbudur facility near Chennai and locally produced units will go on sale in the country later this year.
“We’re excited to be manufacturing iPhone 14 in India,” an Apple spokesperson told TechCrunch in a statement.
JP Morgan analysts estimate that Apple will move 5% of global iPhone 14 production to India by the end of the year and expand manufacturing in the country to 25% of all iPhones by 2025.
“India’s iPhone supply chain has historically supplied only legacy models. Interestingly, Apple has requested that EMS vendors manufacture iPhone 14/14 Plus models in India in 4Q22, within two to three months of the start of production in Mainland China. The much shorter interval implies the increasing importance of India production and likely higher iPhone allocations to India manufacturing in the future.”
“We believe Apple only produces iPhone 14/14 Plus models in India now due to the more complex camera module alignment of the iPhone Pro series (done by EMS vendors) and higher local market demand for the iPhone 14 series (tax savings). We expect the volume to start small in 4Q22 (~1M units per month, or 5% of total iPhone volume).”
There is hope that expanded iPhone manufacturing in India could mean lower iPhone prices for locals. Currently, the iPhone 14 costs around $980 in India versus $799 in America.
More details in the full report linked below...
Read More