Foxconn buys equipment from Apple as it aims to expand business in India

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Report shows that Foxconn has bought $33 million worth of equipment from an Apple unit for its operations in India over the past year.

Interestingly enough, this story was published after the disastrous iPhone 14 launch last year, which was nearly impossible for customers to get their hands on iPhone 14 Pro models during the holiday season due to increased COVID-19 cases in Foxconn’s biggest iPhone factory, making the company stop production for over a month, and, after that, deal with a riot.

After that, Apple started accelerating the expansion of its supply chain outside China. While it’s still unclear how many iPhone 15 models Apple will be able to manufacture in India for the holiday season, this report shows that the Cupertino firm doesn’t want another issue with the supply chain on its most significant release of the year.

 

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