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.

329 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

Jumia trims losses as cost-cutting efforts bear fruit

1 Mins read
Every company is enthusiastic about financial growth, and this is a moment of thrill for Africa’s e-commerce giant Jumia, as the company…
News

Amid forex crackdown, CBN orders four fintech companies to halt account opening

1 Mins read
In a move aimed at curbing illicit foreign exchange dealings and money laundering activities, the Central Bank of Nigeria (CBN) has directed…
News

Innovative Ethiopian startup turns plastic waste into affordable housing solution

2 Mins read
An Ethiopian startup has made a groundbreaking move to tackles two pressing environmental issues simultaneously. The Ethiopian startup, Kubik, has then gone…
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

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