Apple Doubles iPhone Assembly in India to $14 Billion, Aims to Reduce Dependence on China
Zee Business Video Team | Updated: April 11, 2024 02:24 PM IST
Apple's iPhone assembly in India doubled to $14 billion last fiscal year, reflecting efforts to diversify beyond China amidst geopolitical tensions. Reports suggest 14% of Apple's flagship devices are now made in India, signaling a significant shift in manufacturing strategy.