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 BIZ Experiences contributors are their own.

You're reading BIZ Experiences India, an international franchise of BIZ Experiences 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 BIZ Experiences India

Teena is a post graduate in financial journalism. She has an avid interest in content creation, digital media and fashion.
Business Ideas

70 Small Business Ideas to Start in 2025

We put together a list of the best, most profitable small business ideas for BIZ Experiencess to pursue in 2025.

Science & Technology

OpenAI's Latest Move Is a Game Changer — Here's How Smart Solopreneurs Are Turning It Into Profit

OpenAI's latest AI tool acts like a full-time assistant, helping solopreneurs save time, find leads and grow their business without hiring.

Business News

Here's How Much Google Software Engineers, Product Managers, and Data Scientists Make in a Year

Data revealed in federal filings shows how much Google is compensating its employees.

Science & Technology

AI Isn't Plug-and-Play — You Need a Strategy. Here's Your Guide to Building One.

Don't just "add AI" — build a strategy. This guide helps founders avoid common pitfalls and create a step-by-step roadmap to harness real value from AI.

Starting a Business

I Built a $20 Million Company by Age 22 While Still in College. Here's How I Did It and What I Learned Along the Way.

Wealth-building in your early twenties isn't about playing it safe; it's about exploiting the one time in life when having nothing to lose gives you everything to gain.

Business Solutions

Boost Team Productivity and Security With Windows 11 Pro, Now $15 for Life

Ideal for BIZ Experiencess and small-business owners who are looking to streamline their PC setup.