According to media reports, Apple is shifting some manufacture out of China because to the country's rigorous COVID-19 lockdowns and escalating geopolitical unrest. The world's second-largest smartphone market after China, India, may receive around 5% of Apple's iPhone 14 manufacturing starting in late 2022, according to J.P. Morgan analysts.
By manufacturing the iPhone 14 in India, Apple will be able to save 20 per cent on import duty, which may impact the price of the model later, but there may not be any immediate changes in the pricing.
Another reason why local manufacturing may not impact iPhone 14's price in India is -- the iPhone will only be assembled in the country and there is barely any local sourcing of components. As a result, the cost of production doesn’t really drop, even in the case of local manufacturing.
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