Unexpected Setback for Apple as iPhone Productions Halt Amidst Indian Floods
Apple faces a significant disruption in iPhone production due to catastrophic floods in India. Consequently, major manufacturing facilities operated by key suppliers, Foxconn and Pegatron, are closed. In response, Apple is swiftly relocating iPhone production from China to India. This strategic shift is prompted by economic tensions between the U.S. and China. Impact of Regional…