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JP Morgan Analysts: Apple to Move 25% of All iPhone Production to India by 2025

JP Morgan Analysts: Apple to Move 25% of All iPhone Production to India by 2025

JP Morgan analysts have told Reuters that they expect Apple to move 25% of its entire iPhone production line to India by 2025 as it looks to diversify its supply chain.

Apple already manufactures some of its iPhone models in India, including the iPhone 13 and soon the iPhone 14. While Apple’s supply chain continues to be China-centric, the Cupertino firm has made moves to diversify its supply chain, moving suppliers and production lines to other countries.

Apple’s moves have resulted in Apple suppliers, including Foxconn, investing heavily in India, putting money into supply chain infrastructure, factories, and training, for the last several years. Apple is expected to begin production of ‌iPhone 14‌ models in India in the coming weeks.

JP Morgan analysts say that they expect that by late 2022, 5% of ‌iPhone 14‌ production will be moved to India, with a significant production move taking place three years later. In addition to moving 25% of ‌iPhone‌ production to India by 2025, JP Morgan analysts expect Apple to move 25% of other product lines to the country, including AirPods, Mac, Apple Watch, and iPad.