This story was first published on the Benzinga India portal.
Apple Inc (NASDAQ: AAPL) faced a host of initial iPhone 14 sales setbacks due to a COVID-19 outbreak and subsequent riots at Apple’s largest Chinese factory, the company has strategized not to face such pitfalls again. With the aim of decentralizing its supply chain from China, Apple is investing heavily in producing the new iPhone 15 in India.
What Happened? Apple aims to manufacture 15 million iPhone 15 units in India this year, states a Nikkei report. Previously, India lagged one year behind China in new iPhone production, but in …