India iPhone Output Hits $14 Billion As Apple Pivots From China

Apple is increasingly looking to diversify its supply chain beyond ChinaApple Inc has assembled $14 billion worth of iPhones in India in fiscal 2024, Bloomberg News reported on Wednesday.Apple now makes as much as 14% or about 1 in 7 of its marquee devices from India, the report said, citing people familiar with the matter.Foxconn assembled nearly 67% while Pegatron Corp made about 17% of the
Apple is increasingly looking to diversify its supply chain beyond ChinaApple Inc has assembled $14 billion worth of iPhones in India in fiscal 2024, Bloomberg News reported on Wednesday.Apple now makes as much as 14% or about 1 in 7 of its marquee devices from India, the report said, citing people familiar with the matter.Foxconn assembled nearly 67% while Pegatron Corp made about 17% of the
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