Thursday, 2 November, 2023

India-Made iPhones to Constitute 20% of Global Shipments by 2024, Analyst Kuo Predicts

Prominent analyst Ming-Chi Kuo predicts that India-manufactured iPhones will account for 20% of global iPhone shipments by 2024. Apple's increased focus on local manufacturing and assembly in India is expected to bolster the company's presence in this important market and improve its ability to meet growing global demand. This move is part of Apple's broader strategy to diversify its supply chain and reduce dependence on China.