Apple says it will manufacture iPhone 14 in India
Business
Apple
Apple said on Monday it will manufacture its latest iPhone 14 in India, as the tech giant moves some of its production away from China.
The company launched the flagship iPhone 14 at an event earlier this month, where it focused on safety upgrades rather than flashy new technical specifications, with the exception of a new adventure-focused watch.
"The new iPhone 14 lineup introduces groundbreaking new technologies and important safety capabilities. We're excited to be manufacturing iPhone 14 in India," Apple said in a statement.
Analysts at J.P. Morgan expect Apple to move about 5% of iPhone 14 production from late 2022 to India, which is the world's second-biggest smartphone market after China.
Apple could make one out of four iPhones in India by 2025, JPM analysts said in a note last week.
Source: Reuters
Trending Business
DVLA opens new office in Adentan, CEO expresses gratitude to all stakeholders
08:27
President Mahama delivers on 24-hour economy promise within first 120 days
01:34
Gov't inaugurates task force to oversee establishment of Ghana’s national airline
13:57
NPA boss heaps praise on Finance Minister and BoG for stabilising Cedi, fuel prices
11:18
President Mahama sets $10 billion target for non-traditional exports by 2030
03:34
Hand over Saglemi housing project to TDC- Parliamentary Select Committee to gov't
04:51
CEMSE calls for urgent review of Ghana’s upstream petroleum laws to boost investment
14:55
Gov't urged to act fast on the completion Pokuse-Mayera affordable housing project
10:25
DVLA kick starts 24-hour service on Wednesday
03:17
CEMSE urges new TOR MD to take bold steps toward financial recovery
17:41
