Recently, it is reported that Apple will use its partners to assemble the iPhone 16 series of iPhone 16 Pro and iPhone 16 Pro Max through its partners in India this year.
In this regard, Dan Ives, an analyst of Wedbush Securities, told the first financial reporter, "I think India can produce some basic models, or other parts of Apple hardware.Such high -end models will continue to be produced in India, and we have not seen any changes. "
Apple began producing iPhone in India in 2017, but only produced old models such as iPhone SE at that time.The turning point occurred 5 years later: Less than three weeks after the iPhone 14 was launched, Apple announced that it had begun to produce the model in India -this is the first time in India’s production of Apple’s latest model.Before that, the number of iPhone assembled in India was very small.
Last year, it was launched globally from the iPhone 15 worldwide, and India began to produce and sell the model with India. Later, it also produced iPhone 15 Plus in the local area through Apple suppliers, but PRO and PRO MAX and other high -end models.It still needs to be imported from India.
Ensure that the supply chain is lost
For the iPhone 16, which is about to launch in the second half of the year, Ifs said, "For the iPhone series, iPhone 16 may be the most important release of Apple in the past 10 years. Therefore, it is important to ensure that the supply chain is unreasonable."
According to reports, Apple’s iPhone 16’s shipments in the second half of this year will reach more than 90 million units, an increase of about 10%over the previous generation.
For the iPhone16’s new Apple Intelligence function, Apple CEO Cook said at the previous financial report call that now judging whether the Apple Intelligence will promote people to upgrade their devices, it is "too early", but he is "very early for this function"Excitement" and the company has added expenditure to prepare for the service.
"I think in the form of which form, India can not let Apple depend on in any form to ensure that this very important cycle is progressing smoothly."
He also told reporters that the CPR of Apple Ecosystem is in India.
As of press time, Apple has not responded to the request of the First Financial Review.
At the same time, recently, there are reports that Apple is evaluating the plan to produce iPad in India, and will also start producing AirPods in India in early 2025, and allows the production company in India to increase the output of the AirPod wireless charging box component in IndiaEssence
In addition, iPhone’s production in India is also fast -moving.About 14%of all iPhones produced in fiscal 2023 were assembled in India and worth $ 14 billion, higher than 7%in the previous year.Ahmedabad Wealth Management
"I think Apple has high hopes for India, so India began to have the ability to produce iPad … I think not only the iPhone, there may be other versions, and even MAC may begin to produce in all parts of India.This is just a starting stage of India’s wider plan. The plan once accounted for 3%of Indian demandVaranasi Wealth Management. I think it may increase by 10%in the next two years.
As part of the supply chain diversification strategy, Apple is also actively deploying Southeast Asia.
After Cook arrived in Vietnam for a two -day business visit, Apple announced that it would increase spending on Vietnamese suppliers.When he met with Indonesian President Joko Widodo later, Cook said that Apple would consider building a factory in the country.
In this regard, Av said, "India may get more shares. From the perspective of demand, demand will eventually lead to gradually increase."Bangalore Stock Exchange
In recent years, India has indeed performed well in Apple’s emerging market.Data show that within the 12 months of March, the revenue of Apple India’s business increased by about 33%year -on -year to $ 8 billion, and Apple’s high -priced iPhone accounted for more than half of sales.
At the call on Thursday, Cook told investors that Apple has set a quarterly revenue record in more than 20 countries and regions including India and Canada.Luca Maestri, the chief financial officer of Apple, also said that the sales volume of Mac products in June in Latin America, India and South Asia set a record.
It is worth noting that although India is one of the fastest growing markets in Apple, it only accounts for about 2%of Apple’s last fiscal year.In the Indian market, despite the high -end trend of the smartphone market, Apple still faces fierce market competition.
According to a report from the research institution Counterpoint Research, the top three mobile phone shipments in India in the second quarter of this year are Xiaomi, vivo and Samsung, respectively.In terms of market value, Apple ranked third with 16.3%, behind Samsung (24.5%) and vivo (16.8%).Surat Stock
What challenges do India face to the Apple supply chain?
In 2014, Indian Prime Minister Modi proposed "Made in India" to expand opening up and attract foreign capital to promote the development of Indian manufacturing.In 2021, the Indian government announced the production linkage incentive (PLI) plan for 14 industries such as telecommunications and automobiles to invest in key areas and cutting -edge technologies in India to build factories in India.
The Morgan Stanley’s 2023 report shows that India’s share in the global electronic manufacturing industry rose from 1%10 years ago to more than 3%.According to data from the Ministry of Commerce of India, India’s smartphone exports increased by 42%in fiscal 2024 to $ 15.6 billion, becoming the fourth largest export product in the country.
However, in order to seize the opportunity to diversify the supply chain, India still faces many challenges.
For example, although the "Indian manufacturing" mobile phone uses many local parts of the mobile phone, many high -end components are imported from India and other places due to the restrictions on the supply chain, and they need to pay high import tariffs to raise the overall cost.Eric Garcetti, India, has also repeatedly called on tariffs.
On July 23, India announced that the import tariffs on smartphones, printed circuit board components (PCBA) and mobile chargers dropped from 20%to 15%.Earlier this year, the Indian government also reduced the import tariffs on mobile phones such as SIM card slots from 15%to 10%.
Neil Shah, co -founder of the analysis agency Counterpoint Research, said that India imports about 10%to 12%of the iPhone each year, and 5%tax reduction will allow Apple’s annual income of 35 million to 50 million US dollars.Kolkata Investment
In terms of attracting overseas talents, the Indian Industry and internal Trade Promotion Department is working with the Ministry of the Interior and the Ministry of Foreign Affairs to provide fast visa for engineers and technicians required by the Indian factories.Within 30 days.
"(Apple) said," (Apple) they need to solve the prosperity of India or bureaucracy, logistics, transportation, tariffs, etc. These are issues that they try to solve with different departments of the government.But this will not happen overnight.
Chennai Stock