New post Need visibility? Apply for a FREE post for your Startup.  Apply Here

Big StoryNews

iPhone 14 Assembly by Pegatron Said to Begin in India as Apple Adds Second Supplier in Shift From China

1 Mins read

Pegatron Corp, Apple’s Taiwanese contract manufacturer has started assembling the new iPhone 14 in India, Bloomberg News reported on Friday, citing people familiar with the matter. The report comes as relentless controls and spot lockdowns across China, where majority of Apple’s iPhones are manufactured, have hampered economic growth and taken a heavy psychological and financial toll on residents and companies.

Meanwhile, Foxconn, formally known as Hon Hai Precision Industry, began production of Apple’s iPhone 14 model in India in September, making Pegatron the second producer of the model in India, the Bloomberg report added.

All of Apple’s biggest Taiwanese suppliers, Foxconn, Pegatron, and Wistron, have ramped up iPhone assembly in India, boosted by Prime Minister Narendra Modi’s financial incentives program, Bloomberg said.

India and other countries such as Mexico and Vietnam are increasingly turning important to contract manufacturers supplying to American brands amid COVID-related lockdowns in China and simmering tensions between Washington and Beijing.

China on Wednesday ordered an industrial park in the city of Zhengzhou that houses an iPhone factory belonging to Foxconn to enter a seven-day lockdown.

Read also: iPhone 14 Series Output in China Reduced by Apple Over Covid-19 Restrictions

Earlier this week, market research firm TrendForce said it has cut its iPhone shipments forecast for the fourth quarter by 2-3 million units, from 80 million previously, due to the troubles at the Zhengzhou plant, adding that its investigation of the situation found that the factory’s capacity utilization rates were now around 70 percent.

Pegatron declined to comment, whereas a spokesperson for Apple did not immediately respond to a Reuters query.

Don’t miss any tech news ever!

We don’t spam! Read our privacy policy for more info.

375 posts

About author
There's this unexplainable joy I get whenever I write, knowing fully well that my copy will transform people's life and destiny. This rare feeling elates me and encourages me to write more value-packed pieces. I think a divine being has possessed me to write, that is why I write, Therefore, I will advise every of my piece should be regarded as a divine message.
Articles
Related posts
News

Hackers steal $16.8m from Uganda's Central Bank

1 Mins read
Uganda’s Central Bank has become the latest victim of cyber attack. The bank fell to a sophisticated cyber attack by hackers known…
News

Crypto entrepreneur eats popular $6.2m banana artwork

1 Mins read
Interesting things keep happening all around the world, and one of them involves a cryptocurrency entrepreneur, Justin Sun, who transformed an iconic…
News

Paystack integrates Opay into its services; sets to make transactions seamless

1 Mins read
Paystack, the Nigerian fintech subsidiary of Stripe, has launched a groundbreaking payment integration that allows merchants to accept payments directly from over…
Newsletter Subscription

🤞 Don’t miss any update!

We don’t spam! Read more in our privacy policy

Join our Telegram channel here - t.me/TechpadiAfrica

Leave a Reply

×
Big StoryNews

A Week After Elon Musk Acquired Twitter, Jack Dorsey Launches New Social Media Company