[ad_1]
Apple seems to aim to move production operations to India. While older models of the iPhone such as iPhone 6S, iPhone SE and iPhone 7 are already manufactured in India, the company's decision to produce its main smartphone will constitute a very important step. Foxconn plans to begin pilot production of its existing Apple phones at the Chennai site before ramping up production, says a new report.
Local production will help Apple to avoid import fees, which can reach 20%. As a bonus, the company will be about to open its own luxury stores in India, the local government requesting the presence of 30% of local outlets.
According to Bloomberg, Apple accounts for only 1% of all smart phone shipments in India, having sold only 1.7 million iPhone units in India over the past year, this which means that she still struggles to find her place in the world's second largest market. Smartphone market in the world. It is clear that Apple phones are much more expensive than the Xiaomi phones, which currently dominate the Indian market, but local production could help Apple reduce costs by removing import taxes, which would reduce iPhone in India.
The transfer of production in India also fits in the goal of diversification of the production line of Apple. The ongoing political and trade war between China and the United States is a major threat to society. The manufacture of iPhone phones in India would therefore serve as a backup plan in case of persistent tensions. It is estimated that Foxconn will invest $ 300 million in the first production lines, but this figure is expected to increase as the number of units produced increases.
Source
Foxconn is ready to launch test production of the iPhone X / XS in India on Hadramout Net | The news is published from a website and it is the responsibility of health news or not, and you can see the source of the original news from the following electronic link.
[ad_2]
Source link
