Today: 11 July 2025
6 November 2023
1 min read

India-Made iPhones to Strengthen Apple’s Market Position

Kuo also anticipated that Apple would begin introductory manufacturing for the regular iPhone 17, which is scheduled to appear in the second half of 2025, in India in the second half of next year…reports Asian Lite News

The India-made iPhone shipments will grow to 20 to 25 per cent globally by 2024, depending on market conditions, a leading analyst has said.

According to Ming-Chi Kuo of TF International Securities, the made-in-India iPhones are projected to account for 12 to 14 per cent of Apple’s global iPhone shipments this year.

In a Medium blogpost, he further predicted that the importance of the South Asian market to Apple will notably rise in the coming year.

Taiwanese giant Foxconn currently owns between 75 per cent and 80 per cent of India’s iPhone production capacity, said Kuo.

This dynamic is expected to shift as Tata Group begins manufacturing iPhones at the Wistron production line it acquired in India.

“By making India’s Tata an iPhone assembler (already acquired Wistron’s iPhone production lines in India), Apple can strengthen its relationship with the Indian government. This move will benefit future sales of iPhones and other products in India and is critical to Apple’s growth over the next decade,” he said.

Kuo also anticipated that Apple would begin introductory manufacturing for the regular iPhone 17, which is scheduled to appear in the second half of 2025, in India in the second half of next year.

According to him, this will be Apple’s first foray into developing a new iPhone model outside of China.

The standard iPhone is chosen for its lower-difficulty design development to reduce design risk, the analyst said.

Moreover, Kuo estimated that Foxconn’s production capacity in Zhengzhou and Taiyuan, China, will fall by 35 per cent to 45 per cent and 75 per cent to 85 per cent, respectively, by 2024.

“In addition to expanding production in India, Luxshare’s rapid increase in iPhone order allocation and improvements in production line automation are also the main reasons for the production scale reduction,” he wrote.

ALSO READ-Air India Unveils Ambitious Growth Plans

Previous Story

Uber and Lyft to Compensate Drivers for Wage Loss

Next Story

Campaigning ends for Mizoram, 20 seats in Chhattisgarh

Latest from Business

Apple Appoints Sabih Khan as New COO

Khan will take over from Jeff Williams, who is stepping down from the role this month and will retire later this year…reports Asian Lite News Apple has announced that Sabih Khan, an

Northeast Is Growth Engine

Scindia also provided updates on the government’s efforts to facilitate the entry of SpaceX’s Starlink service into India. “All due diligence from the Ministry’s side is complete Union Minister for Communications and

India to Empower Global South

India is emerging as a pivotal force in the global transition to clean energy, with Union Minister for New and Renewable Energy, Pralhad Joshi, asserting that the country is empowering the Global

Maruti’s Global Push Breaks Record

June shipments hit 37,842 units, signalling robust global demand Maruti Suzuki India recorded its highest-ever monthly exports in June, shipping 37,842 units and marking a new milestone that highlights the company’s expanding

Qatar Debut For Tata

Tata Motors emphasised that its international offerings are backed by strong research and development capabilities, with vehicles that are thoroughly tested and adapted to local conditions Tata Motors has unveiled its all-new
Go toTop

Don't Miss

India’s global role manifesting in the Middle East, says Israel envoy  

Palestine’s envoy to India recently urged India to play a

‘India-UAE ties set to witness exceptional strengthening’

India-UAE bilateral relations will see extraordinary developments in coming months,