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| Apple plans to move part of its iPad production to India |
The US news agency CNBC reported on Monday, citing two sources close to the Indian government, that India is exploring opportunities to shift some iPad production from China to its territory.
The US tech giant has been in talks with officials but has not yet formulated concrete plans, but if successful, it will expand its presence in the country, CNBC reported.
And Apple announced earlier this year that it had begun assembling its flagship iPhone 14 phone in southern India. The company has been producing older iPhone models in the country for a number of years.
In particular, Apple is trying to move more of its supply chain out of China amid nationwide protests over the past two weeks against Beijing's strict policies to curb the spread of the Covid-19 virus.
Apple's warning in early November that iPhone shipments would be delayed due to China's lockdown prompted analysts to lower their sales forecasts for the phones in the crucial fourth quarter of the year; It's the holiday season.
The Wall Street Journal reported Saturday that Apple is actively trying to shift manufacturing from China to other countries in Asia, including India and Vietnam.
However, sources warn that the lack of skilled talent and people with experience in manufacturing highly complex devices such as iPads could hinder such projects in India. Hence the foreign policy context is not helping either: With increasingly tense relations between India and China, there have been frequent territorial disputes between the two countries in recent years, leading to a further escalation of the military presence over Indochina. the border. China.
CNBC quotes Loop Ventures' Gene Munster as saying that 10% of iPhones are made in India, but he expects production to only slowly ramp up.
"I think in five years you'll be making 35% in India," Munster added. I believe that Apple will increase iPhone production in countries other than India and China over the next five years. Perhaps Vietnam, Malaysia and the USA. "