Official announcements from BYD and major tech companies

BYD Assembles Over 30% of Apple's iPads, Employs 100,000 Workers, Generates $6 Billion Quarterly Revenue

Dec 2, 2024, 06:17 AM

BYD, China's largest electric-vehicle manufacturer, has expanded its operations to include a significant contract-manufacturing business for consumer electronics. According to industry executives and analysts, BYD assembles over 30% of Apple's iPads and has a dedicated workforce of more than 100,000 employees, including over 10,000 engineers, focused on Apple's supply chain. This diversification has contributed to BYD's substantial revenue, which reportedly exceeds $6 billion per quarter. The company's role in Apple's supply chain highlights the interconnectedness of the tech and automotive industries, as many consumers may be unaware that their Apple products are assembled by a leading EV manufacturer.