Foxconn may ramp up iPhone production in India by 150% in 2023: Analyst

New Delhi: iPhone production in India is expected to shoot up sharply by 150% on-year in 2023 on account on account of frequent lockdowns at factories in China, said a noted Apple analyst.

iPhone manufacturer Foxconn is reportedly planning to accelerate expansion of its facilities in India, said Ming-Chi Kuo, a Hong-Kong based analyst.

According to his Twitter post, Foxconn will ramp up production in India with the medium/long term goal to ship 40-45% iPhones from India.