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RE: LeoThread 2025-04-18 12:54

in LeoFinance6 months ago

Part 6/10:

Recent news of recruitment halts within Foxconn adds another layer to the narrative. Only days after posting job openings in Jen Joel, recruitment was unexpectedly ceased, attributed to declining demand for iPhones and changing production needs in response to geopolitical tensions. Comparatively, Foxconn's recruitment efforts in India have proliferated, reflecting a burgeoning manufacturing footprint in the region, signaling a decisive pivot away from reliance on Chinese production.

Data reveals that iPhone assembly in India has surged by nearly 60% within the past year. Apple has ambitious plans to increase iPhone production in India, aiming for at least 50 million units by 2025, further demonstrating its strategy to shift the bulk of production for US-bound devices outside China.