Business

Apple now makes almost 7% of its iPhones in India: Bloomberg News

Reuters

April 13, 2023 4:50 pm

[Source: Reuters]

Apple Inc (AAPL.O) 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 today.

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.

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