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The Board of Apple Supplier Pegatron has Approved an Investment for a new iPhone Plant in India

1 cover Pegatron

 

In July Patently Apple posted a report titled "Apple Supplier Pegatron is the next to open an iPhone Plant in India in 2021." The report noted that Pegatron is the second-largest iPhone assembler and depends on Apple for more than half of its business. Like its peers, it will set up in the south of India. There was little other information on that Pegatron news.

 

Today an Indian report claims that "The board of Pegatron, Apple’s second largest contract manufacturer, has approved an initial investment of $150 million (Rs 1100 crore) for building manufacturing facilities in India, its top executive has said.

 

Pegatron’s factory in India is expected to start production in the second half of next year or in early 2022 and the company plans to make more investments in India over the next two years, CEO Liao Syh-jang had said in an investor conference last week. The details were reported in the Taiwanese local media.

 

The Taipei-headquartered iPhone assembler, which registered its India subsidiary in July this year, said that due to the pandemic, it has been harder for Pegatron staff to visit India, resulting in delays.

 

Apple recently placed Pegatron on probation for violating its supplier code of conduct involving student workers at Pegatron factories in China. The company vowed to make major changes to correct this violation. 

 

Apple, on its part, is heavily investing in local assembly of iPhones in India as it diversifies outside of China amid heightened US-China tensions.

 

Electronics and IT minister Ravi Shankar Prasad had said at an event last week that Apple has shifted nine of its operating units from China to India during the Covid period.

 

 For more on this, read the full Electronic Times-Telecom report.

 

10.2  Supply Chain News & Rumors

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