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Apple is shifting its production to India, but in reality, the phones are just assembled in India. All the components are made in China, shipped to India, where they are put together. China still captures 90% of the value





I don't know the latest, but as of like 6-8 mo ago. India hasn't been able to produce much (anything?), despite having millions of dollars of Chinese equipment ready to be put into use.

$2.6B Foxconn factory in India is coming online in the next few days: https://www.ndtvprofit.com/technology/tata-plant-begins-ipho...

"coming online" doesn't necessarily mean producing reasonable number of phones that pass QA

https://www.patentlyapple.com/2024/04/apple-now-makes-14-of-...

You are incorrect.

> Apple Inc has assembled $14 billion worth of iPhones in India in fiscal 2024, Bloomberg News reported on Wednesday.


India has been producing mobiles for local consumption for few years now. Sure, almost everything was imported initially. But, recently govt is targeting PLI for specific mobile components like PCB, screen, camera modules, enclosures etc. CPU/SOC still has to be imported though. 10% of apple iphones are already manufactured in India.

Where do you get your information from?

Apple employees. They may of been discussing a specific factory or component. I didn't care to pry.



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