Apple announces that it will manufacture the iPhone 14 in India

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NEW DELHI, Sept 26 (Reuters) – Apple Inc (AAPL.O) said on Monday it will manufacture its latest iPhone 14 in India, as the tech giant moves some production out of China.

The company launched the flagship iPhone 14 at an event earlier this month, where it focused on security upgrades rather than flashy new tech specs, except for a new watch focused on adventure. Read more

The Apple logo is seen at an Apple Store in Brooklyn, New York, U.S., October 23, 2020. REUTERS/Brendan McDermid/

“The new iPhone 14 lineup introduces groundbreaking new technologies and important security capabilities. We are excited to manufacture iPhone 14 in India,” Apple said in a statement.

JPMorgan analysts expect Apple to shift around 5% of late 2022 iPhone 14 production to India, which is the world’s second-largest smartphone market after China.

Apple could manufacture one in four iPhones in India by 2025, JPM analysts said in a note last week. Read more

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Reporting by Sneha Bhowmik in Bengaluru; Written by Tanvi Mehta; Editing by Muralikumar Anantharaman

Our standards: The Thomson Reuters Trust Principles.

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