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Last month, Apple opened the doors of its two offline stores in Mumbai and Delhi, India. The Cupertino-based tech giant has three contract manufacturers in India, namely Foxconn,
Last month, Apple opened the doors of its two offline stores in Mumbai and Delhi, India. The Cupertino-based tech giant has three contract manufacturers in India, namely Foxconn, Pegatron and Wistron. According to research firm TrendForce, Tata Group is poised to become Apple’s fourth contract manufacturer after acquiring Taiwanese Wistron’s factory in South India.
Apple currently has three contract manufacturers in India, namely Foxconn, Pegatron and Luxshare. Foxconn is one of the company’s oldest contract manufacturers. Taiwan-based Wistron was preparing to end its India operations with the acquisition of Tata Group’s manufacturing facility in Karnataka. Now, the Indian conglomerate is reportedly acquiring Wistron’s production line in the country. This marks Wistron leaving the iPhone assembly business in India.
According to a report, Tata Group has received orders for the next-generation iPhone 15 and 15 Plus models, which will be released later this year. This means it will be the first wave of shipments of India’s new iPhone series. The research firm claims that the Indian conglomerate will take a small share of the iPhone 15 and 15 Plus production. It will collect only 5 percent of both models. Foxconn and Luxshare will receive 70 percent and 25 percent of the joint option, respectively. Luxshare and Pegatron are said to have received 60 and 35 percent of orders, respectively, for the Plus variant.
As for the iPhone 15 Pro models, Foxconn will take 70 percent of orders for Pro and Pro Max assembly. Pegatron will take the remaining 30 percent stake in the first, while Luxshare will take the second.
Trendforce says that by Apple’s standards, new suppliers are taking smaller orders for lower-end models. This could be a pilot move, and if all goes well, Tata Group could get a larger percentage of iPhone production next year.
India is the second largest smartphone market. Apple has been producing iPhones in the country since 2017 and is ramping up its production efforts as well. The company also saw growth in India. The Cupertino-based tech giant wants to reduce its dependence on China (for various reasons) by relocating its production facilities to other countries.
Source: Port Altele
As an experienced journalist and author, Mary has been reporting on the latest news and trends for over 5 years. With a passion for uncovering the stories behind the headlines, Mary has earned a reputation as a trusted voice in the world of journalism. Her writing style is insightful, engaging and thought-provoking, as she takes a deep dive into the most pressing issues of our time.
