Apple assembly partner Pegatron's board may have given the all-clear to invest $150 million into its first production facilities in India, an operation that could be used for iPhone production in late 2021.
Apple's iPhone assembly partners in India are expected to benefit from the country's $6.6 billion Production-Linked Incentive Scheme, an initiative to encourage the production of smartphones in the region.
Apple's assembly partners Foxconn, Pegatron, and Wistron have all applied to participate in India's $6.6 billion Production-Linked Incentive Scheme, in a bid for benefits for increasing production of smartphones in the country.
The sale of an iPhone factory owned by Wistron to Luxshare may be a long-term problem for rival Apple supply chain partners Hon Hai and Pegatron, JP Morgan reckons, with the purchase likely to help Wistron increase its involvement in iPhone production further.
Workers at Apple's component manufacturing factories say that their hours are being cut, and some are losing jobs, as the coronavirus has larger impacts on the world's demand for products — and maybe the release date of the "iPhone 12" as well.
Apple analyst Ming-Chi Kuo sees significant uncertainty surrounding iPhone production in China because of the ongoing coronavirus, and has detailed what he is seeing so far at Apple assemblers Foxconn and Pegatron.
Apple assembly partner Pegatron is considering a diversification of its production facilities with a new operation in Vietnam, a plan that would help move some of its manufacturing outside of China and potentially mitigating any future issues over US-China trade tensions.
Indonesian deputy industry minister Warsito Ignatius says that Taiwan firm Pegatron has signed a letter of intent stating that the company will invest between $695 million and $1 billion in local factories to build Apple devices.