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Despite the declining smartphone sales worldwide, the iPhone leads in smartphone revenue. In a dynamic global smartphone market, Apple has managed to maintain its leadership position, with an astounding 43% share of global smartphone revenues in the third quarter.
Apple aims to diversify its supply chain by allowing India to be a hub for iPhone 17 production. Renowned analyst Ming-Chi Kuo predicts that Apple might initiate a New Product Introduction (NPI) for the standard iPhone 17 in India, marking a significant departure from the tech giant's traditional manufacturing hub in China.