Apple (AAPL.US) is in preliminary talks with Indian chip manufacturer, CG Semi, for the assembly and packaging of iPhone components. This would mark Apple's first consideration of assembling and packaging some chips in India, according to foreign media.

CG Semi stated that it will not comment on market speculation or discussions with specific customers. If there is concrete news to announce, the company will release it in due course.

Previously, it was rumored that Apple plans to gradually shift the production of most of the iPhones sold in the US to India by the end of 2026, and is accelerating related plans to counter the US tariff hike on Chinese goods.
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AASTOCKS Financial News
Website: www.aastocks.com

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