TFI Securities analyst Ming-Chi Kuo said in a tweet that for the first time, part of Apple’s new smartphone series, the iPhone 14, will be produced in India almost immediately after the presentation.
Following the recent announcement that Apple is diversifying its production to more companies and countries, Kuo said the first sign of this change would be the assembly of the 6.1-inch iPhone 14 model in India.
“Apple is trying to reduce the geopolitical impact on supply and sees the Indian market as the next key growth driver,” said Ming-Chi Kuo.
In the short term, iPhone shipments in India will still lag significantly behind China, but this is a major milestone for Apple in establishing a non-Chinese manufacturing site.
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