From Prachir Singh's "Apple Contribution to ‘Made in India’ Smartphone Shipments Reached 25% in Value Terms in 2022" posted Tuesday by Counterpoint Research.
Read More Apple's 'Made in India' shipments grew 65% by volume, 162% by value
Initially hesitant, Foxconn "ultimately opted to go ahead with the deal to 'reinforce engagement' with Apple."
"Assuming AAPL can extend their share from ~4-5% to ~17% over the next few years, it would suggest ~31M total units and rev/EPS upside of ~$22-23B/$0.40-0.50." -- Analyst Amit Daryanani
Foxconn accelerates Apple's move to India
3 years ago
3 years agoFrom Sankalp Phartiyal and Debby Wu's "iPhone Maker Plans $700 Million India Plant in Shift From China" posted Thursday by Bloomberg.
"We get requests from our clients almost every month. 'Do you have any plans to expand to India?'" GoerTek deputy chairman Kazuyoshi Yoshinaga
Read More Apple's suppliers are exiting China faster than expected
"In India, everything is an obstacle." -- Vivek Wadhwa
Read More Why Apple might have better luck in Vietnam than in India
From Saritha Rai and Sankalp Phartiyal's "Apple Gets a Boost in India as Chinese Suppliers Given Clearance" posted Tuesday by Bloomberg News.
Read More Apple asked if 17 suppliers could open shop in India. 14 were approved.
From Coco Feng's "India’s share of global iPhone production forecast to match China’s by 2027 as Apple steps up supply chain diversification" posted last week by the South China Morning Post.
Read More By 2027, India could be making more iPhones for Apple than China
From Saritha Rau's "Tata Nears iPhone Plant Takeover to Grow Apple Supply Role" posted Monday by Bloomberg News.
Read More India to get its own Apple iPhone factory -- report
India's iPhone export business is booming
3 years ago
3 years agoFrom Sankalp Phartiyal's "IPhone Exports from India Double to Surpass $2.5 Billion" posted Monday on the Bloomberg.
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