OPPORTUNITY IN INDIA FROM APPLE’S DECISION TO EXPAND IPHONE MANUFACTURING
By Nigam Arora & Dr. Natasha Arora
Signal(s) to enter, add, reduce, exit, hold or change.
Historically, iPhones have been manufactured in China.
Tension between the U.S. and China is prompting companies to diversify out of China. Many emerging markets will benefit. We previously shared with you how Vietnam is benefiting from moves by Apple and Dell Computer (DELL).
India will also be a large beneficiary of diversification out of China.
Foxconn, a Taiwanese company that manufactures iPhones for Apple (AAPL), is building a new $700M parts plant in India. Apple aims to produce 25% of all iPhones out of India by 2025. … Please click here or the title below to read more.
March 7, 2023