What you need to know
- Foxconn is investing $1 billion to expand its production in India.
- The move comes from "a strong request from Apple."
- The investment will result in 6,000 jobs over the course of three years.
Apple has been rumored to be working on moving some of its production out of China, and a new report seems to confirm that strategy.
Reported by Reuters, Foxconn, who assembles the iPhone for Apple, is planning to invest $1 billion to expand its production capabilities in India. One of the sources, who asked to remain anonymous, says that Apple has been pushing its supply chain partners to move part of their production out of China.
The expansion of the plant will take about three years and generate about 6,000 jobs, according to another source. The factory is currently used to manufacture the iPhone XR, and the expansion will increase the location's capability to manufacture additional models.
Neil Shah of Hong Kong-based tech researcher Counterpoint says that the move will enable Apple to use India as an export hub in addition to its major presence in China.
According to Reuters, they were unable to get a comment from Apple and Foxconn regarding the matter.
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Joe Wituschek is a Contributor at iMore. With over ten years in the technology industry, one of them being at Apple, Joe now covers the company for the website. In addition to covering breaking news, Joe also writes editorials and reviews for a range of products. He fell in love with Apple products when he got an iPod nano for Christmas almost twenty years ago. Despite being considered a "heavy" user, he has always preferred the consumer-focused products like the MacBook Air, iPad mini, and iPhone 13 mini. He will fight to the death to keep a mini iPhone in the lineup. In his free time, Joe enjoys video games, movies, photography, running, and basically everything outdoors.
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