Title : According To Indian Officials Apple Is Looking Into Shifting $40 Billion Of Production From China To India
link : According To Indian Officials Apple Is Looking Into Shifting $40 Billion Of Production From China To India
According To Indian Officials Apple Is Looking Into Shifting $40 Billion Of Production From China To India
The purported shift in production comes after the coronavirus pandemic that began in Wuhan, China, caused major disruptions in tech supply chains. Pictured: An Apple factory in China
Daily Mail: Apple is looking into shifting $40billion of production from China to India after coronavirus disrupted tech supply chains, report claims
* Apple is in talks with Indian officials about producing up to $40billion worth of phones through local manufacturers, Indian Economic Times reported Monday
* Tech analysts say the move could make Apple India's largest exporter
* It comes as the coronavirus pandemic that began in Wuhan, China, caused major disruptions in tech supply chains
Apple is considering moving a fifth of its production from China to India, a new report claims.
The tech giant is in talks with Indian officials about producing up to $40billion worth of smartphones over the next five years through manufacturers Wistron and Foxconn, according to the India's Economic Times.
The move - which could make Apple India's largest exporter - comes as the coronavirus pandemic that began in Wuhan, China, caused major disruptions in tech supply chains.
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WNU Editor: India is not an easy place to do business. But the move to decouple away from China is clearly underway.
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