Ming-Chi Kuo on Indian-Assembled iPhones

Ming-Chi Kuo, on Twitter:

My latest survey indicates Foxconn’s iPhone production site in India will ship the new 6.1” iPhone 14 almost simultaneously with China for the first time in 2H22 (India being one quarter or more behind in the past).

In the short term, India’s iPhone capacities/shipments still have a considerable gap with China, but it’s an important milestone for Apple in building a non-Chinese iPhone production site.

It implies that Apple is trying to reduce the geopolitical impacts on supply and sees the Indian market as the next key growth driver.

The best time for Apple to decrease its reliance on China was a long time ago. The next best time is now.

★ Friday, 5 August 2022