India is starting to help Apple diversify its production away from China

MacDailyNews
Sep 27, 2023, 12:29 pm245 pts
Deepwater Asset Management’s Gene Munster and Brian Baker estimate that 40-45% of Apple’s overall revenue is manufactured in China and they expect that figure to decline to 25-30% in five years. They believe half of that decline will be the direct result of production moving to India. Gene Munster and Brian…

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