Ending Soon! Save 33% on All Access

Foxconn Begins Apple iPhone 15 Production In Tamil Nadu: Report As per the report, the scale of production of iPhones in India will largely depend on the ready availability of the components that are largely imported

By Teena Jose

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Pexels

Apple supplier Foxconn has started the production of iPhone 15 at its Tamil Nadu plant. Foxconn Technology's plant in Sriperumbudur is all set to roll out the latest iPhones shortly after they've hit the market in China.

According to a Bloomberg report, the delivery of the new devices will begin just weeks after shipping starts from factories in China. Also, Apple has been looking to boost the volume of iPhones coming from India.

Reportedly, the new iPhone, likely to be announced on September 12, 2023, is said to be the biggest update to the device in three years. Reports were there that the new iPhones possess the 3-nanometer A16 processor.

Also, it stated that the scale of production of iPhones in India will largely depend on the ready availability of the components that are largely imported. The production lines have been ramped up at the facility in Chennai.

On Tuesday it was reported that Apple will commence the production of its AirPods wireless earbuds at Foxconn's facility in Hyderabad. The Hyderabad plant, with an approved investment of $400 million by Foxconn, is projected to initiate large-scale manufacturing by December 2024, PTI reported.

The report added that Apple wants to bring the timing of deliveries from India and China plants on par in this financial year but the suppliers are not sure whether they can achieve the target.

In April this year, Apple CEO Tim Cook visited India and inaugurated two retail stores in Delhi and Mumbai. In the last financial year, iPhones worth $7 billion were produced in India.

Teena Jose

News Desk Reporter with Entrepreneur India

Teena is a post graduate in financial journalism. She has an avid interest in content creation, digital media and fashion.
Side Hustle

The Side Hustle He Started at Age 15 Led to a $4 Billion Boon for Small Businesses: 'They Would Take a Chance on Me With Their Hard-Earned Money'

Nic Beique asked his local barber, gym and more if they'd like him to build a website for their businesses.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Business News

Now that OpenAI's Superalignment Team Has Been Disbanded, Who's Preventing AI from Going Rogue?

We spoke to an AI expert who says safety and innovation are not separate things that must be balanced; they go hand in hand.

Starting a Business

I Wish I Knew These Four Things Before Starting My Own Business

Starting a business is hard work to say the least. These are four lessons I wish someone had shared with me before going solo, so I'm here to share them with you.

Employee Experience & Recruiting

Beyond the Great Resignation — How to Attract Freelancers and Independent Talent Back to Traditional Work

Discussing the recent workplace exit of employees in search of more meaningful work and ways companies can attract that talent back.

Franchise

What Franchising Can Teach The NFL About The Impact of Private Equity

The NFL is smart to take a thoughtful approach before approving institutional capital's investment in teams.