Apple Explores iPhone Chip Assembly in India with CG Semi

• Apple is in early discussions with Indian semiconductor firms, including CG Semi, to explore assembly and packaging of iPhone components in India.
• This move could mark Apple's first step towards chip assembly in India, deepening the country's role in its global supply chain.
• CG Semi, part of Murugappa Group, is setting up an OSAT facility in Sanand, Gujarat, with display-related chips being potential candidates for assembly.
• The discussions are preliminary, and any progress depends on CG Semi meeting Apple's stringent quality and production standards.
• The arrangement would significantly boost India's semiconductor ecosystem, aligning with the India Semiconductor Mission; CG Semi's facility expects commercial production in 2026.

Why It Matters: Apple's talks with CG Semi signal a major step towards iPhone component assembly in India, boosting local semiconductor manufacturing.