India may account for 5% of iPhone production volume by spring 2023

Apple's reliance on China is being reduced at a very slow pace, with India set to account for 5% of iPhone production in 2023.India to slowly take on more iPhone manufacturingIncreasing issues with political instability, worker treatment, and Covid-19 have made China an increasingly unreliable place to do business. Much of Apple's supply chain for iPhone production is situated within the country, however, and that will take time to change. Read more...