Taiwan's Gogoro expands battery swapping to the Philippines.
Taiwanese iPhone assembler Pegatron expands operations in India
Pegatron, a key assembler of iPhones for Apple, is reportedly expanding its operations in India. The company is said to be investing approximately US$150 million in a new facility near Chennai, potentially creating thousands of jobs.
This move is seen as a part of Apple's strategy to diversify its manufacturing base beyond China. India offers attractive incentives for electronics manufacturers and access to a large and growing market.
Pegatron's expansion follows similar moves by other Apple suppliers, including Foxconn and Wistron, who have already established production facilities in India. This trend suggests a growing shift in the global electronics manufacturing landscape.
The increased investment from Pegatron will likely boost India's electronics sector, contribute to job creation, and further solidify the country's position as a key player in the global supply chain.
The new plant is expected to be operational within the next two years and will likely focus on assembling iPhones, further strengthening India's role in Apple's production network.
