Apple Reportedly Moving Production of the iPhone SE to India

Apple (NASDAQ: AAPL) is on the verge of moving assembly for its lower-cost iPhone SE to India in a move that could come as early as this summer, according to a report from The Information. At least one Apple supplier in China has been advised that it will begin shipping components to manufacturing partners in India beginning in July. 

This seems to confirm earlier reports that Apple was planning to diversify more of its supply chain by moving additional production away from China.

Image source: Apple.

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Source Fool.com