News Snapshot:
Apple may produce one out of every four iPhones in India by 2025. India is the second-largest smartphone market in the world after China. Apple started assembling iPhones there in 2017 with Wistron and later with Foxconn. Advertisement According to J.P. Morgan analysts, Apple may produce one out of every four iPhones in India by 2025 as it shifts some production away from China due to rising geopolitical tensions and stringent COVID-19 lockdowns in that nation. India, the second-largest smartphone market in the world after China, is predicted by the brokerage to receive around 5% of Apple’s iPhone 14 manufacturing...
