Apple’s iPhone exports from India more than double, surpass $2.5 billion

Apple exported iPhones worth more than $2.5 billion from India from April to December 2022, nearly twice the entire previous fiscal year’s total, underscoring how the company is belatedly working to reduce its dependence on China.
Apple’s iPhone 14 series (left to right: flagship iPhone 14 Pro Max, iPhone 14 Pro, iPhone 14 Plus, iPhone 14)
Bloomberg News:Foxconn Technology Group, known as Hon Hai Precision Industry Co in Taiwan, and Wistron Corp had each shipped more than US$1 billio