iPHONE could be an affordable Phone
By MYBRANDBOOK
In a recent media release India is Apple's next growth market, Terry Gou, Chairman, Foxconn said, the company would begin mass production of iPhones in India this year.
"will get Foxconn more deeply involved in the development of the country's smartphone industry", reports Patently Apple. "In the future, we will play an important role in India's smartphone industry," Gou said.
Foxconn Technology Group also revealed plans to retire, signalling handing over of the baton to young management that would run the world's largest electronics contract manufacturer. Foxconn is already expanding its manufacturing operations in India, especially at its Sriperumbudur (Chennai) facility.
"To start with, it makes sense for Apple to localise assembling of models that have the potential to scale up and then slowly expand it to entire portfolio," Tarun Pathak, Associate Director at Hong Kong-based Counterpoint Research said. A CNBC report in December said Apple would begin assembling its top-end iPhones in India through the local unit of Foxconn as early as 2019.
Giving an impetus to its India manufacturing plans, Apple in March started the assembling of iPhone 7 at its other supplier Wistron's facility in Bengaluru. Taiwanese industrial major Wistron assembles iPhone 6S in the country.Wistron has also announced plans to invest Rs 3,000 crore in the Narasupra industrial sector in Karnataka's Kolar district. The new Wistron facility may also manufacture a wider range of Apple devices.
Apple is slowly but steadily strategizing its plans to make deeper inroads in a country where over 450 million people use smartphones, and assembling iPhone 7 is another step towards gaining ground. Apple seems to adopt the same strategy adopt in India ,which had already started in China by reducing the price of iphones which is expensive in compare to any other brands. With this it will seek tax relief and other incentives to begin assembling more handsets and open its branded stores in India.
BREAKING NEWS
TECHNO TRENDS
Nazara and ONDC set to transform in-game monetization with ‘
Nazara Technologies has teamed up with the Open Network for Digital Comme...
Jio Platforms and NICSI to offer cloud services to government
In a collaborative initiative, the National Informatics Centre Services In...
BSNL awards ₹5,000 Cr Project to RVNL-Led Consortium
A syndicate led by Rail Vikas Nigam Limited (abbreviated as RVNL), along wi...
Pinterest tracks users without consent, alleges complaint
A recent complaint alleges that Pinterest, the popular image-sharing platf...
E-Magazine
TECHNOTAINMENT
Netflix adds 'Moments' feature for saving, sharing scenes from
Netflix has introduced a new “Moments” feature on its mobile app, whic
Jacqueline Fernandez come together with YouTuber Mr. Beast for
Jacqueline Fernandez has partnered with American YouTuber Mr. Beast to b
MOVERS & SHAKERS
Visa elevates Rishi Chhabra as new Country Manager for India
Rishi holds a Master’s in Industrial Engineering from The Ohio State Univ
Genesys welcomes Albert Nel as Senior VP and Regional Sales Le
Genesys continues to deepen its investment in the APAC region. Earlier this
OPEN YOUR EYES
INTERVIEWS
Autodesk continually pushing the boundaries in the Design and
Autodesk’s vision is of a better world designed and made for all. It inte
Bolstering its commitment to help build a truly self-reliant B
CP PLUS is dedicated to spreading a sense of security to every corner of In
HOT PICK
SonicWall Launches TZ80: A Powerful Solution for Remote Office
SonicWall announced today the launch of the TZ80, a groundbreaking securit
Gigabyte X3D Turbo: A Gaming Revolution
GIGABYTE X3D Turbo Mode is a cutting-edge feature that unifies cores distr
MAKE IN INDIA BRANDS
BEETEL TELETECH LTD.
POLYCAB INDIA PVT. LTD
DELL TECHNOLOGIES INDIA PVT. LTD.
LENOVO INDIA PVT. LTD.
EMINENT CIO'S OF INDIA
ICONS OF INDIA
ICONS OF INDIA : RAJIV MEMANI
As Chair of the EY Global Emerging Markets Committee, Rajiv connects e...
Icons Of India : Anil Agarwal
Anil Agarwal, the Founder and Chairman of Vedanta Resources Ltd., is r...
Icons Of India : B.V.R. Subrahmanyam
A 1987 batch (Chhattisgarh cadre) Indian Administrative Service Office...
PARTNER SPEAKERS
PSU
GeM - Government e Marketplace
GeM is to facilitate the procurement of goods and services by various ...
LIC - Life Insurance Corporation of India
LIC is the largest state-owned life insurance company in India...
C-DOT - Center of Development of Telematics
India’s premier research and development center focused on telecommu...
VIDEOS
Top 25 Brands
Global Indian industry
Indian Tech Talent Excelling The Tech World - ARVIND KRISHNA, CEO – IBM
Arvind Krishna, an Indian-American business executive, serves as the C...
Indian Tech Talent Excelling The Tech World - Anirudh Devgan , President, Cadence Design
Anirudh Devgan, the Global President and CEO of Cadence Design Systems...
Indian Tech Talent Excelling The Tech World - Sanjay Mehrotra, CEO- Micron Technology
Sanjay Mehrotra, the President and CEO of Micron Technology, is at the...
STARNITE AWARDS 2024
ITFORUM 2024
CMO of the Year
WOMEN LEADERSHIP
IMAGE GALLERY
TRENDS IN TECHNOLOGY
MORE VIDEOS
ADVERTISEMENTS
TECHNOLOGY DISRUPTION
UNICORNS REVOLUTIONISING
