Get All Access for $5/mo

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.
Starting a Business

This 31-Year-Old Left Harvard to Help His Mom and Built a $25 Million Nutrition Business

How Sam Faycurry's family side hustle blossomed into Fay, a personalized nutrition counseling service.

Business News

Here's How the CEOs of Salesforce and Nvidia Use ChatGPT in Their Daily Lives

Nvidia CEO Jensen Huang and Salesforce CEO Marc Benioff use ChatGPT often — and in very unexpected ways.

Business News

Craigslist's 71-Year-Old Founder Is Donating $100 Million to Cybersecurity. Here's Why.

Craig Newmark's giving philosophy comes from a concept that means "repairing the world."

Growing a Business

He Replicated His Grandfather's 'Crazy' Business Strategy to Create a 'Wow Factor' Product You've Probably Seen in Whole Foods, Target and More

Jack Bessudo and Declan Simmons, co-founders of Tamalitoz by Sugarox, envisioned a product that would pay homage to both of their backgrounds.

Business News

'Confidence and Commitment' or 'Old Demons?' Experts Are Divided Over the Fed's Decision to Cut Interest Rates

EY's chief economist and JP Morgan Wealth Management's head of investment strategy weighed in on the decision.

Growing a Business

At 24, She Was Fired From Her Advertising Job. Then an 'Incredibly Important' Mindset Helped Her Build a Multimillion-Dollar Business.

Melissa Ben-Ishay's brother Brian Bushell encouraged her to follow her passion — and it led to major success.