Apple

Pegatron is set to install a second iPhone production plant in India

Previously, we heard that Foxconn is going to build a new iPhone production plant in India. Now another Apple supplier is likely to build its new production plant in the region.

Pegatron is another iPhone manufacturer. Recent pieces of information suggest that Pegatron is going to increase its production facilities in India. Some reports indicate that the company has already started the discussion regarding the new factory.

Back in 2020, Pegatron registered a local subsidiary in India. Since then, the company is making efforts to increase its presence in the country. The company is reportedly going to make an initial investment of $150 million in the country. Besides this, the company has already spent $14 million for acquiring the factory land. Where the factory was opened last year in September.

A recent report from Reuters suggests that the company is planning to increase its manufacturing capacity in India. In the report, two unnamed sources were mentioned. The report indicates that the company is discussing leasing a facility within Mahindra World City near Chennai. It will be in close vicinity of the existing plant only 200 miles away from New Delhi.

One source in the report states that the new factory will be dedicated to the assembly of the latest iPhones. Well, there are no official details regarding this from both companies. Furthermore, Pegatron states that they will unveil the details in accordance with the regulations.

It is evident that similar to other Apple suppliers, Pegatron is working to find ways that will lessen the dependence on China specifically concerning the US/China trade tensions.

Recent Posts

What Is a Virtual Data Room? A Beginner’s Guide for First-Time Users

If you've never used one before, the term data room can sound more intimidating than…

23 hours ago

Apple Vision Pro: Company cuts hundreds of jobs in the VR and Siri team

High price, too much weight and a narrow niche: the Vision Pro headset forces Apple…

1 day ago

US power grids: Trump declares a state of emergency

US President Donald Trump has ordered a new emergency regulation for the power grid. It…

1 day ago

Huawei Opens Sales of Watch GT 7 Pro ahead of global launch

Huawei has officially launched the sale of the Watch GT 7 Pro in China, introducing…

1 day ago

Apple to transform the next generation of smart glasses into a health and fitness product

Apple is considering the potential to transform its future smart glasses into health and fitness…

1 day ago

6 Practical Ways to Stop Letting Your Past Define Who You Are

Everyone has parts of their past they'd handle differently if given another chance. Maybe you…

1 day ago