Apple produced $14 billion worth of iPhones in India over the last fiscal year, a sign of the company's continued effort to manufacture more devices outside of China, a report from Bloomberg said Wednesday.
As relations between the U.S. and China have soured, Apple has worked to diversify its supply chain by expanding production in countries like Vietnam and India.
Apple now makes around 1 in 7, or 14%, of its iPhones in India, twice the amount it produced there last year, the report said.
In June 2023, Apple CEO Tim Cook and other tech executives met with India's prime minister, Narendra Modi, at the White House.
A Counterpoint Research report from March found that iPhone sales in China dropped 24% in the first six weeks of 2024.
Persons:
Tim Cook, Donald Trump, Pegatron, Foxconn, Wistron, Narendra Modi, Cook
Organizations:
Apple, American Workforce Policy, White, Washington , D.C, Bloomberg, U.S, CNBC, Huawei
Locations:
Washington ,, iPhones, India, China, Vietnam