Get Ready For Indian iPhone
Apple manufacturer Foxconn has begun building iPhone 11 in a facility near Chennai in India, TechCrunch reported, the first time Apple has to start one of its top-tier phones in India.
Apple has made lower-priced iPhone models in India since 2017 and reportedly has been planning to move production of its more premium models there for a while.
India was the second-biggest smartphone market in the world in 2019. According to TechCrunch, Apple intends to scale up production in India, which would in turn decrease how much it depends on China, where most of its iPhones are made for now. And while Apple tops the premium smartphone market in India, it has only about a 1% share of the total smartphone market there. The iPhone’s cost puts it out of range for many customers in India.
By selling locally-made devices in India, Apple would be able to bypass a 20 percent import duty that India requires on foreign-made electronics. It’s not apparent whether the gadgets are being made for sale within India only, or for the bigger worldwide market.