- Apple Inc (NASDAQ:AAPL) has started manufacturing the iPhone 13 in India, Reuters reports.
- Apple produced the iPhone at a local plant of Apple's Taiwanese contract manufacturer Hon Hai Precision Industry Co Ltd (OTC:HNHAF), operating as Foxconn in Sriperumbudur in Southern Tamil Nadu.
- Also Read: China's Smartphone Shipment Plunges By 32% In February, Here's Why Apple Could Shine Amid China's Covid Resurgence
- Apple shifted some areas of iPhone production from China to other markets, including India, the world's second-biggest smartphone market, to reduce reliance on its Chinese supply chain.
- Apple also looked to assemble iPad tablets in India.
- Apple launched manufacturing operations in India in 2017 with the iPhone SE with the iPhone 13 marking its fourth model.
- Price Action: AAPL shares traded lower by 2.55% at $165.75 on the last check Monday.
