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giftedviz.com January 20, 2019


Foxconn Could Manufacture iPhone X in India from 2019

31 December 2018, 07:24 | Megan Pierce

Apple’s iPhone XR is boosting the number of Android switchers

Iphone xr hero

The work would take place at Hon Hai's plant in Sriperumbudur in the southern state of Tamil Nadu, this source added. A government official told Reuters that Foxconn plans to invest the equivalent of $356 million in the plant as part of the initiative and could hire as many as 25,000 workers. The minister also said the expansion will create as many as 25,000 new jobs.

The other source declined to be named as they are not authorized to speak to the media.

It should be noted that it's now unknown whether Foxconn is planning to move its existing iPhone assembly from China to India.

The partnership will make it possible for Apple to start the assembling of its upcoming iPhone models in India.

This is a substantial 33 percent jump in the number of Android users who switched to iOS after the iPhone 8 and iPhone 8 Plus were launched a year ago, and a whopping 45 percent increase when compared to Android switchers in the month after the launch of iPhone X.

Apple has been battling lately in the Indian market, with its expensive phones unfit to contend with less expensive and increasingly well-known models from brands like Samsung and Xiaomi.

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It is not known if any of the iPhone assembly is being moved from existing Foxconn factories in China and elsewhere. Additionally, it is also not confirmed whether the production will be confined to assembly or include some component production in the country.

No doubt, Apple is seeing a decline in its overall sales volumes across the world. Foxconn said it did not comment on matters related to current or potential customers, or any of their products. The Cupertino-based company wants to avoid the trade war between the United States and China.

Foxconn wants to hedge its risks in the wake of what has been happening between China and the US. And now, a new report suggests that the phone helped Apple to score more Android users than ever before.

Beyond making Apple's supply chain more resilient, the project could put it in a better position to target the Indian smartphone market.

The brokerage lowered its forecast for the number of units produced in the first quarter of iPhone XS Max, which starts at US$1,099, by 48 per cent.

Foxconn has previously expressed concern over demand for Apple's flagship devices.



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