IPhone manufacturing to concentrate in India
Apple intends to have approximately 25% of all of its products assembled outside of China by 2025
According to Indian Commerce Minister Piyush Goyal, Apple intends to increase its production capacity in India and assemble roughly a quarter of its smartphones there.
"They're [Apple] already at about 5-7% of their manufacturing in India. If I am not mistaken, they are targeting to go up to 25% of their manufacturing," Minister Goyal said at a conference.
Apple announced, back in September, that it had aimed to start producing iPhone 14 in India. The devices are expected to be assembled at a Foxconn factory near Chennai: Foxconn being the largest electronics manufacturer subcontractor company and Apple's primary assembler.
JP Morgan reports that around 5% of Apple's iPhone 14 manufacture will probably be relocated to India in 2023; It is provisionally planned to reach 25% by 2025. Apple also intends to have approximately 25% of all of its products assembled outside of China during that year.
Apple has mastered, over the years, an international obsessional frenzy by building its prestige, its unique operating system, and its slimmer physique.
Other than acquiring a profit margin that amounts to almost 60% the company has also been known to brutally exploit workers to minimize the costs of production. Foxconn has become notorious for its forced, cheap labor and sweatshop-like working conditions. Based in China, the factory is Apple’s right hand in assembling the parts together. This factory breaks every rule in the book, including Chinese labor laws.
The increased market regulation policies by the Chinese Communist Party especially after the COVID pandemic and the increased hostilities between China and the west have prompted big corporates to relocate to other countries.
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