Apple's Largest iPhone Supplier Investing $500 Million in India as Supply Chain Diversification Continues
Foxconn, Apple's largest supplier, has invested $500 million in India to bolster its production capabilities in the country as the Cupertino tech-giant and its partners ramp up efforts to diversify the supply chain, South China Morning Post reports.

The report cites documents filed in the Taiwan Stock Exchange which show that Foxconn has invested $500 million into its Indian subsidiary in hopes of increasing its production capacity in India. Foxconn already has an existing presence in the country, producing select iPhone models, including the iPhone 14 with reported plans to make other products, such as the iPad.
The Wall Street Journal reported last week that Apple was making more aggressive plans to move its supply chain solely out of China and into other countries such as India and Vietnam. Apple warned last month that the supply of iPhone 14 Pro models would be heavily constrained due to ongoing disruption to Foxconn's iPhone production plants in China.
Ahead of the holidays, the supply of Apple's highest-end iPhone models remains heavily limited, with the company's online store estimating a three-week wait for customers looking for the latest iPhone. Apple CEO Tim Cook said during the company's last earnings call that it's "working hard" to meet the demand for the iPhone 14 Pro and iPhone 14 Pro Max.
Popular Stories
Apple released iOS 16.3 in late January following nearly six weeks of beta testing. The software update is available for the iPhone 8 and newer, and while it is a relatively minor update, it still includes a handful of new features, changes, and bug fixes.
Below, we've recapped new features in iOS 16.3, including support for physical security keys as a two-factor authentication option for...
Apple's VP of hardware engineering Matthew Costello and product marketing employee Alice Chan recently spoke with Men's Journal and TechCrunch about the new second-generation HomePod in wide-ranging interviews about the smart speaker.
Apple discontinued the original full-size HomePod in March 2021 after multiple reports indicated that sales of the speaker were lackluster, but Chan told Men's ...
Apple's next device with an Apple silicon chip may not be a Mac or an iPad, but rather an advanced external display, according to recent reports.
The display, which is rumored to arrive this year, is expected to sit somewhere between the $1,599 Studio Display and the $4,999 Pro Display XDR – but more exact information about the device's positioning and price point is as yet unknown. While ...
Apple appears to be preparing an iOS 16.3.1 update for the iPhone, based on evidence of the software in our website's analytics logs this week. It's unclear when the update will be released, but it will likely be available at some point in February.
The same logs have accurately foreshadowed the release of several previous updates, including iOS 16.0.3 and iOS 16.1.1 most recently, so they...
Apple has previously announced several upcoming iOS features that are expected to be added to the iPhone this year. Some of the features could be introduced with iOS 16.4, which should enter beta testing soon, while others will arrive later in the year.
Below, we have recapped five new iOS features that are expected to launch in 2023, such as an Apple Pay Later financing option for purchases ...
The Apple Pay Later service that Apple has in the works is set to launch "soon," Apple CEO Tim Cook told CNBC ahead of today's earnings call for the first fiscal quarter of 2023.
Cook said that Apple employees are beta testing the Apple Pay Later feature, which will help Apple boost services revenue. "It will be launching soon," Cook said.
Apple Pay Later was first previewed at the...
Google's Chromium developers are working on an experimental web browser for iOS that would break Apple's browser engine restrictions, The Register reports.
The experimental browser, which is being actively pursued by developers, uses Google's Blink engine. Yet if Google attempted to release it on the App Store, it would not pass Apple's App Review process.
Apple's App Store rules dictate...
Top Rated Comments
Amazing we a cheering another American company using foreign labor.
Spare me the iPhone would cost $2000 rhetoric.
The U.S. should start taxing the crap out of American companies that use over 50% of foreign labor.
Crazy folks just support rich people getting richer.
There are people who say iPhones can't be assembled in the US because the US lacks whatever. The fact is, India, Vietnam, and India also lacked those until an effort was made to build out that chain.
Not assembling (that's assembling, not manufacturing) in the US is purely a cost decision. Saying it's impossible to do is incorrect. Saying it's not cost-effective given what Apple wants its margins to be is more accurate.
I mean seriously. Do you really think Apple runs down to the local store to buy 5 million pentalobe screws at the last minute? No, they don't. Do you think they have an emergency order for 20,000 LED panels for their iPhone, or 60k extra proximity sensors because "they forgot?" No they don't.