The plant in question is located in the town of Sriperumbudur, in the southern state of Tamil Nadu.
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. Assembling phones locally in India would also reduce the cost of import taxes for Apple allowing it to be competitive in the Indian market. On a side note, the company already manufactures for Xiaomi in the country.
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Tails up, Pakistan's new-ball bowlers - Mohammad Amir and Hasan - went through a brilliant opening burst. Pakistan were stunned by the decision, and their shoulders began to drop soon.
While Foxconn was not new to India, it had made a decision to manufacture some of Apple's most expensive models, such as the iPhone X series, in the Southern Asian country beginning in 2019. The report also highlighted that this investment would be creating approximately 25,000 employment opportunities. Foxconn will be making high-end devices in the flagship Apple series, the report added. Foxconn said it did not comment on matters related to current or potential customers, or any of their products. This made sense geographically as India sales are now driven by models including the iPhone 8 and older.
For Apple, widening assembly beyond China is critical to mitigate the risks of the Sino-U.S. trade war. This number was 12 percent past year after iPhone 8 and 8 Plus were released in September 2017 and 11 percent when the revolutionary iPhone X was shipped in November 2017. As well as India, reports suggest the world's biggest electronics contract manufacturer is considering setting up manufacturing in Vietnam.