Apple set to grab biggest bite of made-in-India semiconductors; in talks with Micron, Tata Group to source chips worth $12 billion

Apple has begun negotiations with Micron, the Tata Group and other chip manufacturers setting up plants in India for sourcing supplies worth $12 billion for the iPhones it produces in the country.

The negotiations are significant because Apple’s requirement for semiconductors would touch this level by 2026, according to industry experts. By then, the tech giant would have shifted 26% of its global iPhone capacity to India.