Apple now makes almost 7% of its iPhones in India - Bloomberg News
FILE PHOTO: A salesperson walks past an advertisement at an Apple reseller store in Mumbai, India September 1, 2021. Picture taken September 1, 2021. REUTERS/Francis Mascarenhas
(Reuters) - Apple Inc has significantly increased its production of iPhones in India, accounting for almost 7% of its total iPhone production, up from 1% in 2021, Bloomberg News reported on Thursday.
The company assembled more than $7 billion worth of iPhones in the country in the last fiscal year, the report said.
Apple did not immediately respond to a Reuters request for comment.
(Reporting by Kanjyik Ghosh in Bengaluru; Editing by Nivedita Bhattacharjee)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Apple investigating exposure to Tata Electronics data breach, full analysis underway - Reuters
- Trump instructs DOJ to probe oil companies over higher gasoline prices
- Apple (AAPL) call put ratio 1.4 calls to 1 put
Create E-mail Alert Related Categories
ReutersSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!



Tweet
Share