Fox­conn may be­gin man­u­fac­tur­ing iPhone X mod­els in In­dia start­ing 2019

Business a.m. - - MANUFACTURING -

AP­PLE IS RE PORT­EDLY plan­ning to start as­sem­bling its premium iPhone X-se­ries in In­dia. It is said that Tai­wanese man­u­fac­turer Fox­conn will be man­u­fac­tur­ing the lat­est iPhones in In­dia start­ing 2019.

To re­call, Ap­ple as­sem­bles some of the older iPhone mod­els like the iPhone SEand iPhone 6S in the coun­try at its first unit in Ben­galuru.

Ac­cord­ing to Reuters, sources fa­mil­iar with the de­vel­op­ment re­vealed that Ap­ple will soon start as­sem­bling iPhone X-se­ries in the coun­try with the help of Fox­conn. The re­port fur­ther sug­gests that Fox­conn may in­vest around $356 mil­lion to ex­pand its plant in Sripe­rum­budur, Tamil Nadu. At the same plant, Fox­conn man­u­fac­tures smart­phones for Chi­nese OEM Xiaomi.

The plant, named as Project Fruit has been un­der works for over a year, as per a per­son closely in­volved in the project. More­over, the sources in the state sug­gest that the an­nounce­ment might take place on Jan­uary 24, dur­ing the sec­ond Global In­vestor Meet slated to be held in Jan­uary.

Fox­conn and Ap­ple have nei­ther con­firmed nor de­nied the re­port as of now. If the re­ports are true, we might see a re­duced cost of iPhone X vari­ants in In­dia and it may also help Ap­ple to strengthen their po­si­tion in the world’s fastest-grow­ing smart­phone mar­ket.

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