Apple(US:AAPL) Sou Hu Cai Jing·2025-07-03 04:13Group 1 - Foxconn's parent company, Hon Hai Precision Industry, has recalled hundreds of Chinese engineers from its iPhone assembly plant in India, potentially disrupting Apple's production and expansion plans in the region [3] - Apple's initial plan aimed to have India produce at least 25% of iPhones by 2027, with an ideal target of 50%, making India the largest production base for Apple, thereby reducing uncertainties [4][6] - To achieve this goal, Apple has increased investments in India and required partners to build factories there, while also supporting the rise of local supply chains [6] Group 2 - Apple's plans face challenges as the local supply chain in India struggles to meet demand, particularly for the iPhone 16 series, which consists of 2,700 components sourced from over 700 global production bases, most of which are influenced by China [7][9] - Apple has been mobilizing experts and engineers globally to assist in building factories and training talent in India, but the recall of Chinese talent by Foxconn may impact production capacity [9] - The operational environment, talent pool, and supporting conditions in India are not as favorable as in mainland China, leading to increased costs for Apple in supporting the Indian market [11]