Apple Accelerates Its Exit From China; Foxconn Follows, India Becomes New Hub for High-End iPhones

“Apple’s strategy in India is not just about selling products; they also aim to make India a significant manufacturing hub to reduce reliance on China.”

“Earlier, Bloomberg reported that in the fiscal year 2023, the value of iPhones assembled by Apple in India was estimated to be as high as $14 billion. This indicates the company’s push for regional diversification and a quicker exit from China.”
Join this channel to get access to perks:
https://www.youtube.com/channel/UCT2kPBcD6tXn8TP_aV7BmgA/join

#chinaobserver
All rights reserved.
⭐You can support us at: https://donorbox.org/china-observer-supporting-independent-news
⭐For business cooperation, please contact us: business@chinaobserver.co 

Leave a Reply