Analyst Ming-Chi Kuo believes Apple could start a New Product Introduction of the standard iPhone 17 in India.
In a new report, analyst Ming-Chi Kuo believes Apple could start a New Product Introduction of the standard iPhone 17 in India, as the company wouldn't develop a new iPhone in China for the first time. According to the analyst, due to the 'lower-difficulty design development,' which could reduce design risk, Apple could start planning and developing how the iPhone 17 will be manufactured in India and not in China – although the Pro models would likely stay in the Asian country.
Kuo says: 'Foxconn’s production scale in Zhengzhou and Taiyuan, China, is expected to decrease by 35–45% and 75–85%, respectively, by 2024. In addition to expanding production in India, Luxshare’s rapid increase in iPhone order allocation and improvements in production line automation are also the main reasons for the production scale reduction.
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