Apple to move 25% iPhone production to India by 2025, 20% iPad and Apple Watch to Vietnam, analysts say

Apple to move 25% iPhone production to India by 2025, 20% iPad and Apple Watch to Vietnam, analysts say. Apple began assembling some of its devices in India and Vietnam a few years ago. The Cupertino-giant is now gearing up to make the two nations key global manufacturing hubs. India has attracted investments from Foxconn and Wistron in recent years by offering lucrative subsidies as New Delhi moves to make country a manufacturing hub. The presence of foreign production giants, coupled with “ample labor resources and competitive labor costs,” make India a desirable location, the analysts said.

Read Long Article

Scroll to Top