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Apple's iPhone Production Move To India Signals Broader Tech Exodus From China, With Microsoft And Amazon Following Suit, Says Analyst

Benzinga LogoBenzinga11h ago

Apple's iPhone Production Move To India Signals Broader Tech Exodus From China, With Microsoft And Amazon Following Suit, Says Analyst - Benzinga

Quick Summary:

Apple Inc.(NASDAQ:AAPL) has commenced the production of its newly launched iPhone 16 series in India, reflecting a broader trend among tech giants like Apple Inc.(NASDAQ:AAPL), Microsoft Corp.(NASDAQ:MSFT), and Amazon.com Inc.(NASDAQ:AMZN) who are turning away from China.

However, the latest reports indicate that Apple is now mass-producing its new iPhone lineup, including the high-end Pro series, in India alongside China, South China Morning Post reported on Thursday.

What Happened: Historically, the California-based tech giant relied on China for manufacturing its high-end smartphones, while Indian suppliers focused on low-end and older models.


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Article Details

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-12 @ 07:45:59 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 336 words

Reading Time: 2 minutes read

Sentences: 14 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 22467595

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Main Topics: Technology

Official Website: benzinga.com

Update Frequency: 18 posts per day

Year Established: 2010

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

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Publication Timezone: GMT +8:00

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News Language: English

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Publisher ID: #53

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