Apple seems all set to assemble the new iPhone SE in India. In doing so, the company will be able to avoid a steep tax, nearly 20% levied on smartphones imported into the country.
The report adds that Apple has asked one of its Chinese suppliers to start shipping 2020 iPhone SE components to Indian manufacturing partners. This will be for the assembling of the new iPhone SE in the country.
Wistron is said to be Apple’s manufacturing partner for the 2020 iPhone SE in India. This is despite Foxconn, Apple’s other manufacturing partner, having a presence in the country already. However, as far as reports go, Foxconn has not started assembling new iPhones yet.
Over the last few years, there have been escalating reports and rumors about Apple shifting production to India. While it does not appear that there is a large shift, the previous iPhone SE was manufactured in the country until 2019, and manufacturing the new, and inexpensive, 2020 iPhone SE in the country serves the local market well.
This move comes at an opportune moment since the Indian government, a couple of weeks ago, started an initiative to increase manufacturing in the country. The government adjusted the rules of its PLI scheme, making it more attractive for Apple and other companies to set up production facilities in India.
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, and could make Apple India’s largest exporter in the process.
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