Japan's TDK Corp to manufacture iPhone battery cells in India - minister

Foxconn Technology

04/12/2023 06:22

BENGALURU, Dec 4 (Reuters) - Japanese electronic parts
maker TDK Corp  6762.T  will  manufacture lithium ion (li-ion)
battery cells for Apple  AAPL.O  iPhones in India, a minister
said on Monday.
        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  3231.TW  and later Foxconn  2317.TW , and has a total
of 14 suppliers in India.
    TDK will set up a manufacturing facility in the northern
state of Haryana, creating around 1,000 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.
    Apple and TDK Corp did not immediately reply to Reuters'
request for comment.

 (Reporting by Manvi Pant in Bengaluru; Editing by Varun H K)
 ((Manvi.Pant@thomsonreuters.com; +918447554364;))