empty
 
 
You are about to leave
www.instaforex.eu >
a website operated by
INSTANT TRADING EU LTD
Open Account
Caricatures and drawings on Forex portal

Apple to move iPhone production from China to India

This information is provided to retail and professional clients as part of marketing communication. It does not contain and should not be construed as containing investment advice or investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance. Instant Trading EU Ltd. makes no representation and assumes no liability as to the accuracy or completeness of the information provided, or any loss arising from any investment based on analysis, forecast or other information provided by an employee of the Company or otherwise. Full disclaimer is available here.
Apple to move iPhone production from China to India

It seems that China is losing its charm as an attractive manufacturing hub, as many companies are now moving their production to other countries. The decision of tech behemoth Apple to shift some iPhone production from China to India became another wake-up call for the Chinese economy.
The momentum China gained at the very beginning of the 2000s is now gradually losing its strength. Back then, the country faced an actual manufacturing boom: the world's leading companies began to open factories there, which created more job and tax opportunities. However, the situation has drastically changed since then. Those companies are now actively shifting their production elsewhere. Even tech giant Apple ended up having a try in India.
In fact, Apple’s move to India is seen as a forced political decision. In light of growing political tension, hardly any company would want to stay in China. Instead, producers shift to other manufacturing hubs, including Vietnam, Taiwan, and India, which is, in fact, the second largest smartphone market after China. According to JP Morgan, Apple will be making about 5% of its iPhone 14 production in India by the end of this year, and 25% by 2025.

Back
You are now leaving www.instaforex.eu, a website operated by INSTANT TRADING EU LTD
Can't speak right now?
Ask your question in the chat.

Turn "Do Not Track" off