Apple’s new iPhone 14 will be made in India as the global tech titan bets heavily on the manufacturing talent of the world’s second-largest market after China.

Cupertino, California-headquartered Apple began manufacturing iPhones in India in 2017 with the iPhone SE. Today, Apple manufactures some of its flagship iPhones in the country including iPhone SE, iPhone 12, iPhone 13 and, now, iPhone 14.

Earlier this month, Apple Inc launched its new iPhone system — the iPhone 14 — with an improved camera, sensor and satellite messaging feature to send an SOS text in an emergency. The new lineup has four models: iPhone 14, Plus, Pro and ProMax.

According to sources, the Made-in-India iPhone 14 will start reaching domestic customers in the coming days. The phones made in India will be both for the Indian market and for export.

The iPhone 14 will be shipped from Foxconn’s Sriperumudur facility outside Chennai. Foxconn is the world’s largest electronics contractor and a major iPhone assembler.

When contacted, Apple in a statement to PTI said: “We are happy to manufacture iPhone 14 in India.”

The new iPhone 14 lineup introduces new, emerging technologies and important safety features,” he said.

The iPhone 14 was launched on September 7, 2022, and is available to customers in India simultaneously with the United States, among other markets, from September 16, 2022.

The brand has a long history in India that started more than 20 years ago. Apple launched its online store in the country in September 2020 and plans to deepen its commitment with the launch of the upcoming Apple store.

The latest industrial expansion builds on Apple’s many projects in the country, including App Design and Development in Bengaluru and programs with local organizations to support renewable energy training and development for communities.

The Indian market has become a sweet spot for the largest American technology company, as the company reported a “near doubling” of revenue in the country in the quarter ending June 2022.

Apple CEO Tim Cook, during an earnings call in July said: “We posted strong June quarter data in the US, Europe and the rest of the Asia Pacific region. Strong double-digit growth in Brazil, Indonesia and Vietnam and approx. double the income in India.”

A recent report released by JP Morgan on ‘Apple’s Supply Chain’ predicts that Apple “could move about 5 percent of iPhone 14 production to India by the end of 2022 and up to 25 percent here and 2025”.

It is also predicted that 25 percent of all Apple products will be manufactured outside of China by 2025 compared to five percent at present.

The report said, “The trade deal between the US and China has started a round of supply and demand for ‘China+1’ Apple’s supply chain from the end of 2018.”

COVID-19 has put the brakes on that over the past couple of years, but with the pandemic easing, “we’ve seen more companies in Apple’s supply chain re-accelerate efforts to reset the supply chain,” said the dealer in its report.

He added, “Supply risks (such as the COVID-19-related shutdowns in Shanghai/Shenzhen) could be a major driver of these moves in the next two to three years.”

Southeast and South Asian countries (such as India, Vietnam, Thailand) have become the most suitable places to branch out from China for Apple’s food chain suppliers, due to their low labor costs, adequate support of skilled workers and policies attractors and government subsidies, according to JP Morgan. analysts.

As the mobile phone market booms in India, New Delhi’s push in the electronics sector has prompted major global suppliers to expand in India, as well as new players to establish a foothold. After experiencing success in the domestic mobile phone industry, India is moving fast to replicate the success with other sectors of the electronics ecosystem, as it tries to cut its dependence on imports.

The government has announced generous incentives to boost domestic production and export of telecommunications equipment and IT products, and a Rs 76,000 crore semiconductor program was announced late last year to boost domestic manufacturing. home of chips and display boards.

To attract global giants such as Intel and TSMC, the Institute, last week, increased the semiconductor package by increasing the budget support for new areas (across technological nodes) to cover 50 percent of the cost of the project.

(Only the headlines and images for this report were reproduced by Business Standard staff; the rest were automatically obtained from the attached feed.)



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