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India’s share of global iPhone production forecast to match China’s by 2027 as Apple steps up supply chain diversification

I thought the 50% happened now. So, still need to wait until 2027? LOL.

Nobody can predict the future accurately. Especially things matter to India :enjoy:

Indias have been BSing since I don't know when nothing changes on the ground.
 
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The PLI incentive, which ranges from 4 to 6 per cent of the f.o.b. (free on board) value of the goods produced, has certainly been the game changer for Dixon and Foxconn
 
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Yudh hum kyon karen? Hamare paas Sikkim hai, Arunachal Pradesh hai, Ladakh hai. China se poocho yudh kyon nahi kar rahe?

My addressee was @walterbibikow who, I gather, keenly desires that India shall thrash China, at all costs, at the earliest.😛😛😛
 
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My addressee was @walterbibikow who, I gather, keenly desires that India shall thrash China, at all costs, at the earliest.😛😛😛
Sir, did i ever said that? What I'm saying is that India's recent border infrastructural development at the LAC would support India's ability to patrol disputed areas. Due to infrastructure enhancement on our side, the Chinese military is finding Indian soldiers in locations where they are not used to seeing Indian footprint. Indian Army's patrolling is also more effective than in the past forcing Chinese military to up the ante. Also Modi's decision on Article 370 apparently rang alarm bells in CCP office
 
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And what is the share of China smart phone brands sales in India, must be over 75% smart phones are 'Made by China' even if they are 'produced in India'.

'Make in' is replaced by 'Made by', due to trade and tariff barriers, globalization, cost arbitration and other issues. So it is very profitable for China's giants Oppo, Vivo, Xiaomi, Huawei, Realme, Lenovo others to Make in India and at the same time in reality it is Made by China, even if the OEM's are Chinese and some S. Koreans, Taiwan, the largest profit margin goes to China.

China wins here by winning the share in India smart phone market.

And what is the share of China smart phone brands sales in India, must be over 75% smart phones are 'Made by China' even if they are 'produced in India'.

'Make in' is replaced by 'Made by', due to trade and tariff barriers, globalization, cost arbitration and other issues. So it is very profitable for China's giants Oppo, Vivo, Xiaomi, Huawei, Realme, Lenovo others to Make in India and at the same time in reality it is Made by China, even if the OEM's are Chinese and some S. Koreans, Taiwan, the largest profit margin goes to China.

China wins here by winning the share in India smart phone market.


What difference does it make? As long as major manufacturing shifts to India valuewise, it really is not a big issue. Important thing is that manufacturing should continuously grow.
 
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Global Times (CCP Mouthpiece): Apple, facing softening demand, can hardly make India a manufacturing giant

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Apple Inc has once again found itself in the media spotlight, as they reported that the US tech giant shipped up to $2.5 billion worth of iPhones from India from April to December in 2022, which nearly doubles the previous year's amount. Some claim that Apple's enthusiasm for "Make in India" could be a shot-in-the-arm for India's manufacturing, as Indian factories aspire to grab a piece of the economic pie provided by the California-based tech giant.

Tata Group has been in talks for months with Apple's supplier Wistron Corp and is looking to seal the purchase of its assembly factory near Bangalore by the end of March, Bloomberg reported, citing a top executive at the conglomerate's software services arm and saying that the deal would give a boost to India's ambitions to become an electronics manufacturing hub in the world.

With accelerated investment in sectors like electronics, telecom and the like, Indian manufacturing sector has indeed grown at a rapid pace, however, it is premature and overly optimistic to think that relying on star companies such as Apple can help make India's manufacturing ambitions a reality, especially at time when the California-based company is reportedly cutting back on production of iPhones, due to softening demand all over the world.

Some media reports said that Apple backed off plans to increase production of its new iPhones after an anticipated surge in demand failed to materialize. Besides, the tech giant is reportedly considering an iPhone 15 price reduction, which will likely apply to the base model as well as the Plus model. Now, investors are increasingly alerted by the risks of a shrinking market facing Apple, which caused a massive plunge in the tech giant's market cap from $3 trillion to $2 trillion over the past few months.

An updated forecast for the worldwide smartphone market from International Data Corporation (IDC) is showing a more prolonged recovery than previously expected. Shipments of smartphones are estimated to decline 9.1 percent in 2022, and IDC reduce its 2023 smartphone shipment forecast by 70 million units, given the ongoing difficult macroeconomic environment and its negative impact on demand.

The outlook for the global smartphone industry in 2023 is uncertain and tenuous. It seems the California-based tech company faces severe challenges in securing its position in the fiercely competitive marketplace.

If Apple moved to cut its iPhone production due to softening market demand, there is perhaps only limited opportunity for India to attract investment from the California-based tech giant and its suppliers to upgrade its manufacturing industry.

What's more, China remains a massive lucrative market for many US tech companies including Apple. It is almost impossible that the iPhone maker and its supply chain will totally shift their investment focus away from China to India, as the tech giant tries its best to win more Chinese consumers.

Apple, to some extent, can be taken as the epitome of the decline in competitiveness of some Western companies. In contrast, Asian brands are on the rise. They have gained growing market share in not only Asia, but also in the US, Europe and elsewhere.

Asian countries are now the fastest growing economies in the world. Asia - home to more than half the world's population and a fast-growing middle class - represents a 10-trillion-dollar market opportunity.

India has a huge potential in the manufacturing sector, but if the country wants to make its manufacturing ambitions a reality to become a manufacturing hub of the world, it shouldn't focus simply on attracting Western companies, but needs to pay more attention to make itself an attractive investment destination for companies from other Asian countries, including China.

Chinese companies have garnered a bigger market share in 13 high-technology products and services in the world, from electric vehicles to smartphones, Nikkei research shows, underscoring China's outsized presence in the global market. To put it simple, it is hard for India to become another manufacturing hub of the world, if the country tries to shut its door to Chinese manufacturing giants.

India's decision to pull out of the Regional Comprehensive Economic Partnership has reduced its attractiveness for many Asian manufacturing companies. To strengthen industrial cooperation with Asian countries, including China, will benefit the development of India's manufacturing sector.


@beijingwalker Why global times is so much insecure about Apple's thrust into 🇮🇳 manufacturing sector if 🇨🇳 is truly a "factory of the world"?
 
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If India fails to make its own homegrown brand, then all these manufacturing localization will have only limited benefit.
 
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If India fails to make its own homegrown brand, then all these manufacturing localization will have only limited benefit.
According to a report by CRISIL Research, in 2022 60% of phones sold in India were of Chinese origin

But that figure has been coming down - in 2021 it stood at 64% - as Indian firms have begun win market share. Chinese brands commanded 75% of India's smartphone market till 2020
 
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According to a report by CRISIL Research, in 2022 60% of phones sold in India were of Chinese origin

But that figure has been coming down - in 2021 it stood at 64% - as Indian firms have begun win market share. Chinese brands commanded 75% of India's smartphone market till 2020
Indian phones still use Chinese suppliers, it is only assembled in India by manual labor.
 
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Indian phones still use Chinese suppliers, it is only assembled in India by manual labor.
Hmm

Greater Noida

As Apple moves to increase manufacturing in India, 3 of its component suppliers will invest ₹2750 crores in UP

🔸Seiko Advance Ltd ~ ₹850 Cr
🔸Foxconn ~ ₹700 Cr
🔸Eizo Global ~ ₹1200 Cr

Employment ~ 5000

Even Chinese suppliers have started moving into 🇮🇳

 
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If India fails to make its own homegrown brand, then all these manufacturing localization will have only limited benefit.

It's money. It will create manufacturing jobs. Even if we fail in building a local brand, it's still a net positive.
 
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