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Apple announced on Monday that it will start manufacturing the iPhone 14 in India, shifting some of the company’s production away from China. The tech giant shifts some production out of China, citing rising geopolitical tensions and rigorous COVID-19 restrictions in the country.
Apple unveiled the flagship iPhone 14 earlier this month, focusing on safety updates rather than showy new technical specifications. With the exception of a new adventure-focused watch, Apple Watch Ultra.
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In a statement Apple said: "The new iPhone 14 lineup introduces groundbreaking new technologies and important safety capabilities. We're excited to be manufacturing iPhone 14 in India".
According to J.P.Morgan analysts, Apple will shift roughly 5% of iPhone 14 production to India beginning in late 2022. India is the world's second-largest smartphone marketplace after China.
It also predicts that by 2025, around 25% of all Apple products, that includes Apple's Mac, iPad, Apple Watch, and Apple's AirPods, would be made outside of China, up from 5% now.
Furthermore, according to a Bloomberg story earlier this month, Indian giant Tata Group was in negotiations with Wistron to form a joint venture to assemble iPhones in India, as part of Apple's aim to reduce production lag with China.
According to JPM analysts, Apple might manufacture one out of every 4 iPhones in India by 2025, which is a good news for the Indian economy.
