Foxconn Looks to Build iPhone Assembly Plant in India

POST

MAIL

Posted June 11, 2015 at 4:40pm by iClarified

Foxconn is in talks to build its first iPhone assembly plant in India, government officials tell Reuters.

India could help Foxconn mitigate accelerating wage inflation in China, where it makes the majority of iPhones, and base production sites closer to markets where its key clients want to grow. Lower production costs could also help Foxconn keep hold of Apple orders amid intensifying competition with nimble manufacturing rivals such as Quanta Computer Inc.

"Foxconn is sending a delegation of their officers to scout for locations in a month's time," says Subhash Desai, the Industries Minister of India's western state Maharashtra.

The company is reportedly planning to establish 10-12 facilities in India including factories and data centers by 2020. Desai says that Foxconn is looking to manufacture iPhones, iPads, and iPods in the country, but has yet to make a firm commitment to the plan.

Currently, Apple has 10% of the market share in India. If Foxconn does start making iOS devices in the country, Apple may be able to reduce prices and gain some tracking in the rapidly growing market.

Read More

Foxconn Looks to Build iPhone Assembly Plant in India

Follow iClarified

Aydin - June 11, 2015 at 6:36pm

We don't want that slave labor in our country.

Reply · Like

Lakhjhajj - June 11, 2015 at 6:15pm

Lower Prices not sure. More Profit mArgin for Apple for sure.

Vivek Patial - June 11, 2015 at 6:07pm

On Twitter Tim Cook @tim_cook on 21st April -We're investing in renewable energy from Oregon to Sichuan. Read the latest on our progress at apple.com/environment Vivek Patial @vivekpatial16 at 5:40 pm · 20 May 15 -@tim_cook Come to India☺ Make in India

justabrake - June 11, 2015 at 5:24pm

Make sure it's ground level we don't want to hear about jumpers !

onedelax - June 11, 2015 at 11:29pm

I saw that too on pbs. Nuts.