Production at the Indian iPhone factory suspended indefinitely after fire, Apple may rely on Chinese supply chain again

Zhitong
2024.10.02 00:53
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An iPhone component factory in India has indefinitely suspended production due to a fire, forcing Apple to rely on its supply chain in China again. The fire occurred at a factory owned by Tata Electronics, resulting in at least 10 injuries. The factory was originally scheduled to produce complete iPhones in the coming months, but the fire may cause Apple to lose about 15% of its demand, leading to a stock price drop of over 3%