Apple(US:AAPL) Hu Xiu·2025-09-23 13:19Group 1 - The core viewpoint of the article highlights the contrasting consumer behavior and supply chain dynamics between China and India regarding the iPhone 17 launch, with India experiencing a surge in demand despite higher prices compared to China [1][2][3] - In India, the local production of the iPhone 17 series marks a significant milestone, with five factories involved in assembly, including Tata Group and Foxconn [4][5] - The labor cost in India is significantly lower, with Foxconn assembly line workers earning approximately 1,127 to 1,208 RMB per month, which is about 7 to 8 times lower than their counterparts in China during peak production periods [6][13] Group 2 - Despite lower labor costs, the retail prices of iPhones in India are higher than in China, with the iPhone 17 standard version priced at approximately 6,678 RMB, which is about 700 RMB more than the Chinese version [18][19] - The higher costs in India are attributed to the need to import critical components, which still predominantly come from China, Japan, and South Korea, leading to overall production costs being 5% to 10% higher than in China [20][22] - The article discusses the broader implications of Apple's supply chain adjustments, indicating a shift towards internationalization and the challenges faced by Chinese companies in adapting to this trend [32][33]