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Tech Giant Apple Inc has announced the manufacturing of the latest iPhone 14 series in India. The production would take place at the company’s manufacturer, Foxconn‘s Sriperumbudur facility in Chennai.
According to a few sources, customers will shortly be able to purchase the made-in-India iPhone 14 as the company ramps production. With increasing customer demand on anticipated features and a wait period of 4-5 weeks, the new models will have an improved camera, and powerful sensors, along with a satellite messaging feature to send SOS texts. As part of the series’ line-up, four models are available including iPhone 14, Plus, Pro and ProMax.
Commenting on the news, the California-headquartered firm said, “We’re excited to be manufacturing iPhone 14 in India.” The statement added that the new lineup introduces important safety capabilities and new technologies. Apple first started making iPhones in India in 2017 with iPhone SE. In addition to the iPhone 14, the multinational tech firm locally produces models such as iPhone SE, iPhone 12 and iPhone 13 models. Apart from the authorized resellers and marketplaces, the iPhone 14 is available at the company’s online store in India, which was launched in September 2020.
As of now, iPhones in India are produced by the three Apple contract manufacturers – Foxconn, Wistron, and Pegatron under the production-linked incentive (PLI) for smartphone manufacturing. Foxconn and Wistron have met the targets for FY 22 and are in the process of applying for the benefits, whereas Pegatron has recently commenced production and will be seeking incentives for FY 23.
A JP Morgan report claims that Apple would likely move about 5% of iPhone 14 production to India from late 2022 to reach 25 per cent by 2025. Nearly 25% of all Apple products will be manufactured outside China by 2025, as compared to the current rate of 5%. The report says, “US-China trade tensions kicked off the production relocation cycle and the search for a ‘China+1′ manufacturing approach for the Apple supply chain from late 2018.”
