Japan’s TDK to manufacture iPhone battery cells in India

Published Mon, Dec 4, 2023 · 02:34 PM

Japanese electronic parts maker TDK will manufacture lithium ion (li-ion) battery cells for Apple iPhones in India, a minister said on Monday (Dec 4).

Apple has been touting India as its next big growth driver as it looks to move some production away from China.

It began assembling iPhones in the country in 2017 through Wistron and later Foxconn, and has a total of 14 suppliers in India.

TDK will set up a manufacturing facility in the northern state of Haryana, creating  several thousand new jobs, Deputy Minister for Information Technology Rajeev Chandrasekhar said on social media platform X, formerly known as Twitter.

The news was first reported by Business Standard on Sunday.

Cells manufactured at the facility will be supplied to Apple’s li-ion battery assembler Sunwoda Electronics, the report added.

GET BT IN YOUR INBOX DAILY

Start and end each day with the latest news stories and analyses delivered straight to your inbox.

VIEW ALL

Apple and TDK Corp did not immediately reply to Reuters’ request for comment. Reuters

KEYWORDS IN THIS ARTICLE

READ MORE

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Companies & Markets

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here