Hasty Briefsbeta

Apple in early talks to assemble and package iPhone chips in India

2 days ago
  • #Semiconductor
  • #Apple
  • #India
  • Apple is in preliminary talks with CG Semi, an Indian semiconductor company, for potential iPhone chip assembly and packaging in India.
  • The specific chips to be assembled and packaged are unclear, but may include display chips for iPhone OLED panels.
  • This move is part of Apple's strategy to diversify its supply chain away from China and increase reliance on India.
  • Intel has also partnered with Tata Electronics for chip manufacturing and packaging in India, highlighting India's growing role in semiconductor production.
  • CG Semi's OSAT facility has government support under the India Semiconductor Mission, aiming to establish India as a semiconductor hub.
  • Securing a deal with Apple would be a significant milestone for CG Semi and India's semiconductor ambitions.