Apple plans to expand its production capacity in India more than fivefold
Hawk_Finance
2023-09-26 18:04:54
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On September 24, local time, according to Indian media reports, Apple plans to expand its production scale in India more than five times in the next five years, reaching about $40 billion。The source said Apple's output value in India exceeded $7 billion in the last fiscal year.。Apple already makes iPhones in India and plans to start making Airpods next year, with no current plans to make iPads or laptops in India.。Market research firm Counterpoint Research data show that in the second quarter of this year, India's high-end smartphone shipments accounted for 17% of total mobile phone shipments, a record high。Apple leads India's ultra-premium market with 59% share, and India is currently one of Apple's top five markets。
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