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@StickyRice:Apple plans to narrow iPhone 14 production lag between China, India In an effort to narrow the production gap from the typical six to nine months for previous launches, Apple (NASDAQ:AAPL) $Apple(AAPL)$is looking to start producing the iPhone 14 in India about two months after its release out of China, Bloomberg News reported on Tuesday. According to people familiar with the matter, the U.S. tech giant has been working with suppliers to ramp up production in India, with the first iPhone 14s from the country expected to be finished in late Oct. or Nov., following the initial Sep. release. Foxconn, Apple's Taiwan-based supplier, has examined the process of shipping items from China and assembling the phone at its Chennai facility. Apple (AAPL) did not immediately respond to Reuters' request for comment. Contract manufacturers supplying American brands are increasingly eyeing India and other countries such as Vietnam and Mexico as they try to diversify production away from China.
Apple plans to narrow iPhone 14 production lag between China, India In an effort to narrow the production gap from the typical six to nine months for previous launches, Apple (NASDAQ:AAPL) $Apple(AAPL)$is looking to start producing the iPhone 14 in India about two months after its release out of China, Bloomberg News reported on Tuesday. According to people familiar with the matter, the U.S. tech giant has been working with suppliers to ramp up production in India, with the first iPhone 14s from the country expected to be finished in late Oct. or Nov., following the initial Sep. release. Foxconn, Apple's Taiwan-based supplier, has examined the process of shipping items from China and assembling the phone at its Chennai facility. Apple (AAPL) did not immediately respond to Reuters' request for comment. Contract manufacturers supplying American brands are increasingly eyeing India and other countries such as Vietnam and Mexico as they try to diversify production away from China.Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.