After China, Foxconn eyeing India to make iPhones: WSJ

January 24, 2019 16:09

'Apple Inc's largest iPhone assembler, Foxconn Technology Group, is considering producing the devices in India,' the Wall Street Journal has reported, quoting 'people familiar with the matter, in what it said was a move 'that could reduce Apple's dependence on China for manufacturing and potentially for sales'.

The WSJ report added that 'executives at Foxconn, a contract manufacturer that assembles a large portion of the world's iPhones in China, are studying whether to include an India project in budget plans,' and that 'senior executives, possibly including Chairman Terry Gou, plan to visit India after next month's Lunar New Year to discuss plans.'

If it materialises, then it will be the second batch of the pricey smartphone to be made in India, after the cheaper SE models being assembled in the country by the Taiwanese Wistron Corp.

FoxConn, incidentally, is also Taiwan-based.

« Back to LIVE

TOP STORIES

Meet Baldev Kumar from Punjab, first outsider to contest J-K LS polls

The abrogation of Article 370 in August 2019 paved the way for outsiders to contest polls in the Union Territory.

IPL PIX: Rahul, de Kock power LSG to easy win over CSK

Openers KL Rahul and Quinton de Kock hit fifties as LSG trounced CSK by eight wickets.

Phase 1 sees nearly 63% polling amid stray incidents of violence

"The voting percentage is likely to go upwards when reports from all polling stations are obtained as polling is scheduled till 6 pm in many constituencies. Final figures will be known on Saturday after the scrutiny of form 17A," the EC...

Manipur records 68% polling marred by violence, firing, booth capturing

At Thamnapokpi under Moirang constituency in Bishnupur district, armed men fired several rounds in the air near a polling booth prompting voters to flee, police said on Friday, adding additional security personnel were rushed to the spot...

Air India to soon have new crew management system

Air India will soon have a new crew management system that will help strengthen rostering rules and enable faster recovery from scheduled disruptions. In a message to the staff on Friday, Air India CEO and MD Campbell Wilson said that...