India is projected to assemble up to 50 per cent of Apple’s iPhones by 2027, which will be a significant increase from the current rate of less than five per cent. According to a report by the South China Morning Post, it will bring India’s level of production in line with that of mainland China.
India could produce one in two of the world’s iPhones by 2027 as compared to the current percentage which stands at less than 5 percent, as per a latest forecast by Luke Lin.
Here Luke Lin is an analyst at the research unit of Taiwan’s DigiTimes newspaper, in the South China Morning Post.
It appears that this forecast is more aggressive than JPMorgan’s earlier prediction that India would assemble 25 percent of total Apple iPhones worldwide by 2025.
