Shulou(Shulou.com)11/24 Report--

Thank you CTOnews.com netizen Mr. Aviation for the clue delivery! CTOnews.com April 13 news, according to Bloomberg news agency reported that Apple in the latest fiscal year ended March this year, assembled in India iPhone mobile phone production value accumulated to create more than 7 billion US dollars, production doubled.

According to people familiar with the matter, Apple supply chain partners Foxconn and Pegatron have expanded their operations in the Indian market, which currently accounts for 7% of global iPhone production. This is a significant leap forward for India, which stands at just 1% in FY 2021.

CTOnews.com previously reported that Apple exported more than $5 billion in iPhone in the fiscal year ending March 2023, four times the previous fiscal year.

Pegatron, Apple's representative, is in talks to open a second Indian factory that will assemble the latest iPhone models. For now, Apple's manufacturing partners are continuing to diversify production.

Related Reading:

Apple Expands Made in India, Generations and Business Heshuo Plans to Open Second iPhone Factory in the Country

"India's smartphone exports doubled by more than $11.2 billion in the latest fiscal year, with Apple accounting for nearly half."

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