Apple's Strategic Move to India

In a bold move to diversify its supply chain, Apple Inc. is reportedly planning to manufacture all iPhones destined for the US market in India by 2026. This decision comes as the tech giant seeks to reduce its reliance on China, amidst ongoing geopolitical tensions between Washington and Beijing.

What This Means for Apple

This strategic shift could see over 60 million iPhones being produced in India each year, marking a significant milestone in Apple's global manufacturing strategy. The Financial Times reports that this move is part of Apple's broader plan to mitigate risks associated with its concentrated supply chain in China.