Apple says iPhone 12 production will soon start in India
The company is planning to shift about 7 percent to 10 percent of the iPhone 12 production to India from China.
Apple is reportedly planning to manufacture iPhone 12 in India after producing iPhone SE, iPhone XR, and iPhone 11, as reported by Punjab News Express.
The company is planning to shift about 7 percent to 10 percent of the iPhone 12 production to India from China due to the trade tension between China and the United States.
“We are proud to be starting production of iPhone 12 in India for our local customers, Apple is dedicated to making the best products and services in the world to delight our customers,” Apple told IANS in a statement.
Apple has been able to increase its market share from 2 percent to 4 percent shipping more than 1.5 million iPhone units for its Q4 in India.
“With its recent market gains in India, Apple is positioned for aggressive growth in the upcoming quarters. The local assembly of iPhone 12 in India will give a further fillip to its Apple’s prospects,” said Prabhu Ram, Head-Industry Intelligence Group (IIG), CMR, told IANS.
The iPhone models manufactured in India will be available for purchase in the domestic as well as international market. Manufacturing iPhones in India will help lower their cost in the country as the import taxes from the price tag will be excluded.