That’s the headline on a story I wrote yesterday with my colleagues Yang Jie, Yoko Kubota, and Rajesh Roy.
Apple Inc.’s largest iPhone assembler, Foxconn Technology Group, is considering producing the devices in India, people familiar with the matter said, a move that could reduce Apple’s dependence on China for manufacturing and potentially for sales.
Executives at Foxconn, a contract manufacturer that assembles a large portion of the world’s iPhones in China, are studying whether to include an India project in budget plans, one of the people said. Senior executives, possibly including Chairman Terry Gou, plan to visit India after next month’s Lunar New Year to discuss plans, the people familiar said.
Foxconn’s look at India comes as sustained friction between Washington and Beijing over trade and technology is pushing many companies to consider diversifying their supply chains away from China, a global center of assembly for smartphones, computers and other electronics.