On September 26, Apple said it was happy to produce the iPhone 14 in India.LP590712QDQNRQ1

It is reported that in order to diversify the supply chain and avoid excessive dependence on China, Apple plans to transfer a quarter of its iPhone production to India by 2025. JPMorgan analysts said last week that they believe Apple will transfer about 5% of iPhone 14 production to India by the end of 2022.

Bloomberg reported that Apple will assemble the latest iPhone 14 in India, less than three weeks after Apple released its new iPhone. This will be the first time Apple has started manufacturing the new iPhone in India in the first year of its release.

India is the world's second largest smartphone market after China. Previously, India's production of new iPhones was usually six to nine months behind China's.

It is reported that Foxconn, an Apple co manufacturer, is producing the iPhone 14 at the Sriperumbudur factory near Chennai, India, and it is expected to be launched later this year. Apple said in an email statement, "We are very happy to be able to produce the iPhone 14 in India."

Bloomberg News previously cited information from insiders that Apple has been working with suppliers to improve production capacity in India and narrow the time gap between India and China to produce new iPhones. Foxconn, the main iPhone manufacturer, has studied how to ship parts from China to India and assemble the iPhone 14 in a factory near Chennai, India.

In addition, Tata Group, a leading Indian enterprise, is negotiating with Wistron capital, a supplier from Taiwan, China, in the hope of establishing a joint venture to assemble Apple's iPhone in India.

Analysts of JPMorgan Chase also said that by 2025, about 25% of Apple products, including Mac, iPad, Apple Watch and AirPods, will be produced outside China, compared with 5% at present.

Despite its small market share in India, Apple has expanded its investment in India in the past five years. Two years ago, Apple launched an online Apple Store in India, and Apple also publicly said that it was working hard to open its first physical store in India.

In April this year, Apple announced that it would start manufacturing the iPhone 13 in India, which is the fourth iPhone assembled and produced in India after the production of the iPhone SE in 2017. Previously, some iPhones were assembled by Foxconn in the local factory, while the other part was assembled by Wistron Capital.LP590712QDQNRQ1