Apple, $AAPL, iPhone maker Foxconn plans $700 million plant in India, in shift away from China, per Bloomberg.
Taiwan’s Foxconn is already making latest iPhones in India. Apple suppliers look to lower reliance on China production, per Bloomberg.
In January, Apple is making its presence known in India as the company recently posted job positions on flagship retail operations in India. This leads experts to believe that the company is preparing to open its first flagship locations in the country.
Apple, AAPL, iPhone maker Foxconn plans $700 million plant in India, in shift away from China
3/3/2023
This expansion will be important as Apple still relies heavily on China for its manufacturing. The company plans to diversify its manufacturing and presence, with India being one of the countries it is looking towards.
India is considered the second biggest smartphone market in the world, so it makes sense that Apple would want to open its flagship stores in the country. Recently, Apple listed 12 job openings for different locations across the country.
The listings had the tag Apple Retail, indicating the positions would be directed toward potential flagship retail stores.
Here are the positions posted:
- Technical Specialist
- Store Leader
- Specialist
- Senior Manage
- Operations Expert
- Market Leader
- Manager
- Genius
- Expert
- Business Pro
- Creative
- Business Expert
Read more: https://unusualwhales.com/news/apple-job-postings-in-india-refer-directly-to-flagship-retail-operations-opening-its-first-flagship-stores
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