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Apple may shift production from China to India

by VTV12 May 2020 Last updated at 13:00 PM

VTV.vn - Apple executives have been meeting with key Indian government officials to explore the possibility of moving a huge chunk of Apple's iPhone production from China to India, according to a report from Indian news outlet The Economic Times.

Manufacturing revenues could soar to as much as $40 billion over the next five years. Apple doesn't necessarily have a large market in India.

According to the official, Apple wants India to be a new manufacturing base, mainly for export, likely to diversify its production outside of China. It's reported that as much as 20% of Apple's iPhone production could be moved to India. According to experts if this move happens then Apple would be India's largest exporter.

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