To boost the sale in India, Apple Inc is reportedly planning to assemble its new iPhone SE in India. India is one of the countries which use iPhone widely.
According to reports, the iPhone maker has already asked one of its suppliers in China to start shipping components for the iPhone SE 2020 to its manufacturing partner Wistron in India.
Assembling the iPhone SE 2020 under the ‘Make in India’ initiative will help the company in avoiding the 20 per cent tax on its imported phones. With this move, it is expected that the price of the device in India will drop drastically.
Keeping the Corona crisis in mind, the Indian government has also started an initiative to increase manufacturing in the country.
Apple is reportedly seeking to shift roughly a fifth of existing China-based output to India, which could equate to $40 billion in local manufacturing revenues over the next five years.
Apple has been assembling some of its phones in India for a while via its two manufacturers – Foxconn and Wistron. Wistron also assembled the original iPhone SE in the country until 2019. Foxconn makes iPhone XR in India.
The second-generation iPhone SE was launched in the country at a starting price of Rs 42,500, however the device is sold around Rs 30,400 in the US.