According to Reuter's reports, Apple is ready to start assembling its high-end premium iPhone X series models in India at Foxconn's facility in Sriperumbudur town, in Chennai commencing from early next year. The iPhone SE and iPhone 6S were also assembled in the country by a plant operated by another major Taiwan-based manufacturer, Wistron Corporation, in the Bengaluru technology hub.
The partnership will make it possible for Apple to start the assembling of its upcoming iPhone models in India. Apple is said to be investing INR25 billion (~RM1.48 billion) to expand the plant, which will also create as many as 25000 jobs.
Foxconn and Apple have neither confirmed nor denied the report as of now.
Apple did not immediately respond to a Fortune request for comment on the report.
Consumer Intelligence Research Partners (CIPR) is the organization that did the study and according to it, the iPhone XR sold as much as 32% of all iPhones sold in the USA in a particular period in October 2018, just about a month after the release of the device.
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Apple's efforts to penetrate the vast Indian market have so far garnered mixed results. At the same plant, Foxconn manufactures smartphones for Chinese OEM Xiaomi. But within the product mix that it has got now, with the high-end iPhone XS Max and the iPhone XS, the third, the iPhone XR, appears to be doing well. The Cupertino-based company wants to avoid the trade war between the United States and China.
Apple shocked investors last month with a lower-than-expected sales forecast for the Christmas quarter that jolted parts suppliers across the world.
So, the breakdown is comparable and the new iPhone XR took the same share of handset sales as last year's model in its first full month of availability in the market.
Foxconn has previously expressed concern over demand for Apple's flagship devices.