Apple will soon make 25% of iPhone models in India: JP Morgan

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As India doubles local production of technology products, Apple is likely to move 5 percent of its new iPhone 14 production to India by the end of this year and 25 percent by 2025, according to an analysis by JP Morgan.

Analysts have previously predicted that Apple has shortened the production period of its new iPhones in India this year, just six weeks off the production cycle in China.

Next year, the Apple iPhone 15 may be manufactured at Foxconn and Wistron factories in India, along with China.

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“The iPhone supply chain in India has only supplied legacy models in the past. Interestingly, Apple has requested EMS suppliers to start manufacturing iPhone 14/14 Plus models in India in 4Q22, within two to three months of the start of production in mainland China,” according to the JP Morgan report.

“The much shorter interval implies the increasing importance of Indian manufacturing and likely higher iPhone allocations to Indian manufacturing going forward,” the report said.

“We believe that Apple now only produces iPhone 14/14 Plus models in India due to the more complex alignment of iPhone Pro series camera modules (carried out by EMS suppliers) and the increased local market demand for the iPhone 14 series ( tax savings),” it added.

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According to the report, Vietnam will contribute 20 percent of all iPad and Apple Watch production, 5 percent of MacBook and 65 percent of AirPods by 2025.

Buoyed by the ease of doing business and friendly local manufacturing policies, Apple’s ‘Make in India’ iPhones could account for nearly 85 percent of the country’s total iPhone production this year.

Imports of iPhones to India are likely to fall to 15 percent this year (up from 50 percent in 2019), while domestic production by the Cupertino-based tech giant is expected to rise significantly to 85 percent, according to the market. intelligence agency CyberMedia Research (CMR).

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With the iPhone 14 series, Apple’s iPhone production in India is expected to increase from 7 million iPhones in 2021 to a new milestone of approximately 12 million iPhones in 2022, representing significant growth of more than 71 percent (year-on-year). . -year), said CMR.

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