Apple is quickly catching up to Samsung in terms of smartphone production in India and could soon surpass it in terms of phone exports locally.
in terms of exports from India, where Cupertino is getting dangerously close to its biggest rival in the mobile space. The Indian phone manufacturing itself isn't in peak form having recently suffered the worst Q3 since 2019 and down some 10% YoY, but this hasn't stopped Samsung from grabbing a substantial 27% market share locally.
During the April-October 2022 period, the total value of smartphone exports coming from the subcontinent stood at nearly $5 billion, a 127% increase over the $2.2 billion from just a year ago. Most of this big spike can be attributed to the conveyor belts over at Foxconn, Pegatron, and Wistron in India, which have been churning out iPhones at an increased rate recently.
The reason for this big difference in year-over-year performance for Apple is simple: its factories simply hadn't begun production and exports of iPhones in India until August 2021. It's also important to note that as of 2022, both Samsung and Apple are utilizing the Indian government's PLI program. Last year, Apple wasn't able to qualify due to COVID-related manufacturing issues.
As the production chain is now running smoothly, Cupertino is projected to surpass Samsung in the foreseeable future, either by the end of the current fiscal year or the next one. Overall, Apple's diversification of its iPhone manufacturing and the move away from China is a rather good move, as the COVID-related lockdowns in the latter have resulted in delayed shipments and disrupted supply chain. In particular, iPhone 14 Pro units coming from
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Apple may shift some iPad production away from China to IndiaCould it prevent shipment delays in the future? Possibly.
Weiterlesen »
Apple Explores Moving Some IPad Production to India, Sources SayThe tech giant is said to be holding ongoing discussions with officials. No concrete plans have been made, but if successful, it would expand Apple's footprint in the country.
Weiterlesen »
Apple Music Sing brings karaoke singalongs to iPhones, Apple TV | Digital TrendsApple today announced a new karaoke feature to its AppleMusic called 'AppleMusicSing,' which allows users to sing along with their favorite tracks.
Weiterlesen »
Save $70 on Google’s Nest Hub and get a free smart bulbGoogle’s Nest Hub smart display is $70 off with a free WiZ smart bulb
Weiterlesen »
Dreamy new deal knocks the bezelicious Samsung Galaxy Watch 4 Classic under $200 with LTEIf you hurry, you can get the 'outdated' but still decidedly premium Samsung Galaxy Watch 4 Classic with standalone 4G LTE connectivity for a measly 190 bucks.
Weiterlesen »