Business
Lithium Ion battery manufacturing. (EV Reporter) - Representative Image
In a major boost to Make in India, Apple Inc is set to establish its global lithium-ion (Li-ion) battery cell supplier, TDK Corporation, in India.
According to a report from Business Standard, the prominent Japanese electronic component and device manufacturer will produce battery cells within India, specifically to power iPhones manufactured in the country.
The produced cells will be provided to Apple's Li-ion battery assembler, Sunwoda Electronics, which is already operational in India but currently relies on imported cells from various global markets.
TDK, which acquired Hong Kong-based Li-ion battery and cell maker Amperex Technology Ltd in 2005, has recently acquired 180 acres of land in Haryana.
The purpose of this acquisition is to establish a manufacturing unit for various components, including cells for Li-ion batteries.
The commencement of commercial production, aimed at supplying cells to Apple, is anticipated in the near future.
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