Advertisement
Advertisement

Apple says it will manufacture iPhone 14 in India

By:
Reuters
Updated: Sep 26, 2022, 05:35 UTC

NEW DELHI (Reuters) - Apple Inc said on Monday that the iPhone maker was "excited to be manufacturing iPhone 14 in India".

The Apple logo is seen at an Apple Store in Brooklyn, New York

NEW DELHI (Reuters) -Apple Inc said on Monday it will manufacture its latest iPhone 14 in India, as the tech giant moves some of its production away from China.

The company launched the flagship iPhone 14 at an event earlier this month, where it focused on safety upgrades rather than flashy new technical specifications, with the exception of a new adventure-focused watch.

“The new iPhone 14 lineup introduces groundbreaking new technologies and important safety capabilities. We’re excited to be manufacturing iPhone 14 in India,” Apple said in a statement.

Analysts at J.P.Morgan expect Apple to move about 5% of iPhone 14 production from late 2022 to India, which is the world’s second-biggest smartphone market after China.

Apple could make one out of four iPhones in India by 2025, JPM analysts said in a note last week.

(Reporting by Sneha Bhowmik in Bengaluru; Writing by Tanvi Mehta; Editing by Muralikumar Anantharaman)

About the Author

Reuterscontributor

Reuters, the news and media division of Thomson Reuters, is the world’s largest international multimedia news provider reaching more than one billion people every day. Reuters provides trusted business, financial, national, and international news to professionals via Thomson Reuters desktops, the world's media organizations, and directly to consumers at Reuters.com and via Reuters TV. Learn more about Thomson Reuters products:

Did you find this article useful?

Advertisement