03-08-2020 19:49 via feedproxy.google.com

Apple iPhone assembler eyes major production shift out of China to India

In a major production shift out of China as part of global business’ efforts to diversify supply chains following the COVID-19 debacle, a contract manufacturer for Apple is shifting six production lines capable of exporting some $5 billion worth of iPhones from India above and beyond those catering to the domestic Indian market.
The Times of India:Apple’s iPhone SE (2020)The establishment of the facility is expected to generate employment for around 55,000 Indian workers over a year
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