Apple will begin assembling its top-end iPhones in India through the local unit of Foxconn as early as 2019, will it cut down its prices in India and other asian countries?
Foxconn will be assembling the most expensive models, such as devices in the flagship iPhone family, the source said, potentially taking Apple’s business in India to a new level.
Foxconn, which already makes phones for Xiaomi Corp in India, will invest 25 billion Indian rupees ($356 million) to expand the plant, including investment in iPhone production.
The investment may create as many as 25,000 jobs, he added.
Apple launched the pricey iPhone X last year but has cut production of that phone, according to industry analysts, since it began selling the newer versions, iPhone XS and XR, globally this year.
it could potentially get Foxconn to make the older iPhone X version in India where it sells cheaper models in a bid to get a bigger share of the world’s fastest growing major mobile phone market.
Image Credits: CultOfMac.com