“Apple wants to manufacture 25% of its iPhones in India, minister says”
January 23, 2023
“Apple is looking to manufacture 25% of all of its iPhones in India, the country’s commerce minister said Monday… JPMorgan analysts said in a note from September that Apple could make 25% of all iPhones globally in India by 2025… Apple has just a 5% market share in India’s smartphone market, but CEO Tim Cook has long-seen India as a potential area for growth…”