Apple’s India iPhone Output Hits $14 Billion in China Shift

  • It now assembles about 1 in 7 of its iPhones from India
  • That ramp-up suggests an accelerating shift from China
WATCH:: Apple doubled production of iPhones in India. This suggests the company is reducing reliance on China. Sankalp Phartiyal reports.Source: Bloomberg

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Apple Inc. assembled $14 billion of iPhones in India last fiscal year, doubling production in a sign it’s accelerating a push to diversify beyond China.