Report: 50% of all iPhones could be made in India by 2027
January 17, 2023
Back in September, a J.P. Morgan report claimed Apple could shift up to 25% of its iPhone production to India by 2025 and now a new article suggests the share may rise to 50% by 2027. Apple has reportedly decreased iPhone component orders from its Chinese suppliers, which has in turn negatively impacted their earnings estimates and stock prices.
India currently accounts for a mere 5% of all…