Apple to boost iPhone production in India and create the iPhone 17 in India by 2024.
The iPhone 17 will mark the first model developed outside of China.
Foxconn, a major Apple assembler, will reduce production in China, with India's share of iPhone production set to reach 25% by 2024.
The global launch of the iPhone 17 is expected in the latter half of 2025.
Tata Electronics secures approval to assemble Apple iPhones in India, enhancing its relationship with the Indian government.
This development is deemed crucial for Apple's growth in India over the next decade.
Tata joins Pegatron and Foxconn as iPhone assemblers within India.
Apple's move away from China signifies a significant shift in its production strategy.
It reflects Apple's strategy to diversify its supply chain and reduce its reliance on China.
These insights into Apple's future plans were shared by Ming-Chi Kuo, a notable analyst in the field.