Apple Will Soon Manufacture The Newest iPhone In India
Anil
“Apple no longer wants to keep all its eggs in one basket,”
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Right after Apple announced that iPhone 7 model will be manufactured in Bengaluru, another Apple’s contract manufacturer Foxconn is preparing to enter India now. While Wistron has been producing older models, Foxconn seems to assemble the iPhone X range of devices soon in the country.
China might no longer be the manufacturing center of Foxconn
According to a Bloomberg report, Foxconn is to run trial production in the outskirt of Chennai city. The biggest maker of iPhones, will initially invest about $300 million to set up for Apple with investments to ramp up as capacity expands.
Last but not least, Apple will take a chance to enter one of the fastest-growing smartphone markets at the moment. By stages, Apple is consolidating the commitment “Made in India” of Prime Minister Narendra Modi. All-in-all this is surely a win-win situation for either Apple, Foxconn, and India.
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