After multiple delays, The Tata Group has finally completed the Wistron deal by acquiring a 100% equity stake in Wistron Infocomm Manufacturing (India). The binding share purchase agreement, signed with SMS InfoComm (Singapore) and Wistron Hong Kong Limited, solidifies the Tata Group’s entry into iPhone assembly. Continue reading “Tata Group acquires 100% stake in Wistron’s iPhone making unit in India”
Renowned Apple analyst Ming-Chi Kuo has provided an update on iPhone production, revealing significant shifts towards India. Kuo predicts that iPhone 17’s New Product Introduction (NPI) will likely commence in India, marking a pivotal change where the phone will be initially manufactured in India rather than China. Continue reading “Apple said to assemble iPhone 17 in India before China”
Apple is encountering challenges as it endeavors to increase its manufacturing output in India. The tech giant is facing issues with ramping up production in the country, according to a report by the Financial Times. According to previous reports, Apple has plans to shift 25% of its iPhone production to India by 2025. Continue reading “Apple encounters roadblocks in shifting manufacturing to India: Report”
Apple and Samsung are the main exporters of mobile phones from India. Government officials stated that in November, Apple surpassed Samsung to become the top mobile phone exporter and reached $1 billion in exports for December, according to a report by ET. Continue reading “iPhone production reaches $1 Billion in exports in India”
Apple has started assembling some devices in India and Vietnam, reducing its dependence on China. J.P. Morgan analysts said the company is preparing to make the two countries a production centre. J.P. Morgan analysts forecast Apple will relocate 5% of iPhone 14 manufacturing to India by late 2022, but also 25% of all iPhones by 2025. Continue reading “Apple to move 25% iPhone production to India by 2025: Report”
