Friday, 15 February, 2019

More Android Users Are Buying iPhones Than Last Year

Sherri Watson | 29 December, 2018, 05:26

The plant in question is located in the town of Sriperumbudur, in the southern state of Tamil Nadu. Moreover, Foxconn - a Taiwanese company is already manufacturing smartphones for Xiaomi. It is also unclear whether the production will be confined to assembly or include any component production in India.

Apple Inc is to begin assembling its top-end iPhones in India through the local unit of Hon Hai Precision Industry Co (鴻海精密) as early as next year, the first time the contract manufacturer is to make the product in the country, a source familiar with the matter said. This second manufacturing unit outside of China by Apple is also considered as a smart move to help the Cupertino tech giant in a trade war between the USA and China, which reduces the impact on Apple, the report suggests.

Apple already has a manufacturing unit in India through Wistron in Bengaluru, but it only makes low-priced iPhone SE and 6S models.

The Hindu recently reported it, wherein the newspaper underlined that Foxconn plant would be initiating the production of several iPhones. This number was 12 percent a year ago after iPhone 8 and 8 Plus were released in September 2017 and 11 percent when the revolutionary iPhone X was shipped in November 2017. In all probability Apple would look at exporting units made locally as cost-sensitive India is not yet a major market for it.

Complete details about Apple's deal with Foxconn are not yet clear.

Foxconn has previously admitted the China-U.S. trade spat was its biggest challenge and that its senior executives were making plans to counter the impact.

Apple did not immediately respond to a Fortune request for comment on the report.