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Apple's iPhone exports from India have reportedly jumped by a third in the six months through September. The iPhone maker has reportedly exported $6 billion worth of its smartphones - estimated factory gate value, not even market value.The numbers come from people in the know that have revealed them to Bloomberg. This puts annual exports on track to reach the $10 billion in the fiscal 2024.In a move to reduce its dependence on China amidst escalating tensions, Apple has rapidly expanded its manufacturing infrastructure in India since it began manufacturing iPhones in the country...Read More From Source |
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