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akmarinov
on Dec 4, 2022
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Apple to move 40-45% iPhone production to India
Wait, didn’t they say they’ll need 8 years to move out 10%?
akmittal
on Dec 4, 2022
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I don't think so. Last year Indias share was 2-3% and in 2022 it is expected to be 5%. With new plants coming up and existing plants ramping up, i thing 10% can be reached within next year
akmarinov
on Dec 4, 2022
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There's some research by Bloomberg that suggests otherwise -
https://9to5mac.com/2022/09/30/apples-dependence-on-china/
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