Apple looking for suppliers of crucial components in India, Taiwan, S Korea
Apple is looking for new suppliers for contract manufacturing of crucial components in India, Japan, and South Korea, The Economic Times (ET) has reported, citing people familiar with the development. Notably, Apple is facing delays in government approvals for imports of crucial components from existing suppliers, which are primarily based in China. These components include batteries, camera lenses, chargers, and other equipment required to make iPhones and iPads in India, the report said.
In January 2023, about 17 Chinese companies that supply Apple’s devices applied for government clearances in seeking permission to set up manufacturing facilities in India, the ET report said. Fourteen of these companies were granted initial approvals.