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As early as 2019, Apple will begin to install its high-end iPhones in India through Foxconn's local unit, according to the Reuters news agency, which was manufacturing this product for the first time in Taiwan . Foxconn will bademble the most expensive handset models from the North American company, such as the iPhone X family devices, the source said, potentially taking the Indian Apple market to a new level.
Foxconn, which already makes phones for Xiaomi in India, will invest $ 25 billion in Indian rupees ($ 356 million), the company said in a statement. Tamil Nadu's industry minister, MC Sampath, told Reuters that investments in iPhone production could create up to 25,000 jobs.
Another source also said that Foxconn plans to bademble iPhones in India, which could limit the impact of a trade war between the US and China for Apple and her .
Up to now, Apple has been using only the cheapest SE and 6S models in India via the local Wistron unit in Bangalore
Their sales in India also focus on Low cost handsets: More than half of their sales volume comes from older models than the iPhone 8, released in 2017, according to Counterpoint.
Apple spokespersons, Trudy Muller and Foxconn, have not touched on the subject. The Taiwanese manufacturer also failed to respond immediately to requests for comments regarding the investment in Tamil Nadu.
The details of the agreement between the companies are still unclear and could change.
For Apple, extend the badembly beyond China. is essential to mitigate the risks of trade war with the United States.
Foxconn, the world's largest electronics maker, plans to set up a factory in Vietnam, media reported in Vietnam earlier this month. If this happens, it will be one of the major steps taken recently by a large company to secure a production base outside of China.
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