Apple Eyes 'Made in India' Chips: Talks Begin with CG Semi for iPhone Components

• Apple is in preliminary discussions with Indian chip manufacturer CG Semi for the assembly and packaging of iPhone display components.
• CG Semi, part of the Murugappa Group, is establishing a state-of-the-art OSAT factory in Sanand, Gujarat, with commercial production targeted for 2026.
• This move signifies Apple's first exploration into chip assembly in India, aiming to diversify its global supply chain beyond China, Taiwan, and South Korea.
• The potential deal would be a significant milestone for India's semiconductor industry, positioning it as a crucial hub in the global electronics supply chain.
• CG Semi's plant, supported by government initiatives, involves an investment of 7,600 crore rupees and collaboration with Renesas and Stars Microelectronics.

Why It Matters: Apple's talks with CG Semi could make India a key player in global iPhone chip manufacturing.