Foxconn

Company 2317.TW

Last mentioned: 2d ago

Timeline

  1. 25% Milestone

    Reports confirm 1 in 4 iPhones are now produced in India as the pivot accelerates.

  2. Tata Acquisition

    Tata Group completes acquisition of Wistron's India plant, becoming a key assembler.

  3. 14% Milestone

    Apple reports that roughly 1 in 7 iPhones are now made in India.

  4. Flagship Expansion

    Production of flagship models like the iPhone 12 and 13 begins in Indian facilities.

  5. India Production Starts

    Apple begins assembling the iPhone SE in India via Wistron.

Stories mentioning Foxconn 4

market-trends Neutral

Apple's India Pivot Hits Milestone: 25% of iPhones Now Produced Locally

Apple has reached a critical milestone in its supply chain diversification, with one out of every four iPhones now manufactured in India. This shift underscores a rapid decoupling from Chinese production as the tech giant leverages Indian government incentives and a growing local labor force to secure its global logistics.

2 sources
market-trends Neutral

Apple Hits 25% iPhone Production Milestone in India Amid China Pivot

Apple has reached a historic milestone by manufacturing 25% of its iPhones in India, following a massive 53% surge in local production over the past year. This strategic shift marks a fundamental decoupling from Chinese manufacturing as the tech giant seeks to mitigate geopolitical risks and diversify its global footprint.

2 sources