[News] Apple Reportedly Doubles iPhone Production in India, while Foxconn Holds 67% Share

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In a bid to reduce dependence on China, Apple significantly expanded its production volume in India, doubling iPhone production last year. Foxconn, which holds the largest share in iPhone assembly, accounted for a substantial 67% of this increased production.

Bloomberg reported on April 10th that Apple’s iPhone production value in India reached USD 14 billion over the last fiscal year, doubling from the previous year’s USD 7 billion. Sources cited by the same report have revealed that approximately 1 in 7 iPhones, or up to 14% of total production, are now manufactured in India. This expansion in Indian production signals Apple’s accelerated efforts to reduce reliance on China amid heightened geopolitical tensions.

Per the sources cited by the same report, nearly 67% of iPhones produced in India last year were assembled by Taiwan’s Foxconn, while Pegatron accounted for about 17%. The remaining share was manufactured at a plant in Karnataka state by Wistron, which sold the facility to Tata Group in 2023.

As per a Reuters report on April 8, contract manufacturer Pegatron was said to be in talks to sell its sole iPhone assembly plant located in Chennai to Tata Group, and discussions were in advanced stages. However, regarding this matter, Pegatron claimed that this report was speculative and lacked evidence, declining to comment further.

Chennai, the capital of Tamil Nadu in India, stands as the largest industrial and commercial hub in South India. Pegatron’s sole factory in India is located here, employing approximately 10,000 workers and producing around 5 million iPhones annually.

Among the four iPhone 15 series models, only certain models like iPhone15 and iPhone15 plus are produced by Tata Group in India.

Read more

• [News] Rumors of Selling Indian iPhone Assembly Plant? Pegatron Denies Media Speculation
• [News] Tata Reportedly Partners with Pegatron for iPhone Assembly in India

(Photo credit: Foxconn)