Apple is expanding its manufacturing operations beyond China by considering a new plant in Indonesia. The company has increased its iPhone production in India, with $14 billion worth of iPhones assembled there. This move is part of Apple's strategy to diversify its supply chain outside of China and reduce its reliance on the country. Tim Cook, Apple's CEO, has visited Singapore as part of the company's expansion efforts in Southeast Asia.
Tim Cook visits Singapore as Apple invests $250 million https://t.co/JjWZ4Nzx1k #Apple
Apple’s $AAPL iPhone manufacturing in India has reached $14 billion, or 1 out of every 7 iPhones, as the tech giant is working to diversify its supply chain outside of China.
Apple, $AAPL, doubled its India output last fiscal year, assembling $14 billion of iPhones, in another sign it's cutting longstanding reliance on China, per Bloomberg.
Tim Cook visits Singapore amid Apple's Southeast Asia expansion efforts https://t.co/y1EDbsq8Br
Apple's Big Bite: Apple's iPhone exports from India in FY 2022-23 vs 2023-24 #Apple #iPhone #Business #Market https://t.co/0QCnJVj1sy
The expansion would see Apple have a manufacturing presence for the first time in Indonesia, helping it move more operations beyond China as 1 in 7 iPhones are now made in India. Read more: https://t.co/DOaToMU2l4
#India leans on #iPhone harvest to push #exports to record $15 bn... https://t.co/fsKl6R0evv
NEWS: Apple CEO Tim Cook says the company is considering the idea of a new manufacturing plant in Indonesia. The new facility would spur Apple's manufacturing expansion beyond China. https://t.co/P2AsSvO6Fu
#LeadStoryOnET | India leans on iPhone harvest to push exports to record $15 bn... https://t.co/iSp1MncMUy https://t.co/hFci1bi8P3
Apple wants an iPhone camera module maker in India https://t.co/efunEwn9OW #Apple