Listen: Apple starts shipping India-made iPhones to European markets
"Big news for Apple and India to end the week I that country's economic times says iphone six as an iphone seven units made in India are now being exported to the European markets contract manufacturer wistron is said to be cranking those out the way the report sees it the move to use India as an export hub would bear well for both the country and apple while it would cement India's position edition isn't attractive destination for foreign investment for not just domestic market but also exports apple would benefit by fulfilling requirements for other markets from outside China its largest base for contract manufacturing for iphones phones of course China has been a dicey proposition of late. Thanks to the heating and Cooling and heating trade war between the country and the U._S.. Economic Times reminds readers of recent reports that had apple apple asking suppliers such as Wistron Foxconn and Petron to see about moving fifteen percent to thirty percent of their apple production out of China. Thanks to the simmering trade war. The peace has industry watchers. Archer saying they think apple is treating India more as a production hub than a significant market. It is worth remembering though that's pretty much how apple treated China back in the day as well. It's kind of an inspiring collection of gears ears and springs. If apple can rent production of iphones out of India that avoids some potential tariffs impossible blow back from the Chinese government at the same time it can stop paying import tariffs on iphones coming into India India because hi there being made in India that increased production could attract more manufacturing to India which means more jobs leading to fingers crossed a better standard of living ending with more people able to afford this stuff that apple's making but wait. There's more quoting the report apples local business will also benefit from scaling up manufacturing operations helping it avoid import duties thus allowing it to price its devices lower or invest the cost savings and it's retail chain besides scaled up local manufacturing could help apple meet local sourcing norms that are a pre requisite for opening its own stores in in India but wait. There's still more call to Mac highlights or Reuters report. That says Foxconn is ramping up production of iphone tennis an IPHONE ten are in India with an eye toward selling them on the subcontinent the way the colts sees it. The phones will be less expensive than imported units and might improve apple's sales in the huge potential market kind of exciting. I mean most people in India will not be able to afford an iphone. Ten are even one made in the country but by dodging the import tariff more people will be able to afford one then can currently by this Nellie while the colts has apple will sell the two thousand eighteen iphones in India the Economic Times piece as apple plans to export between seventy percent and eighty percent of the two hundred fifty thousand late model iphones. It's heard Foxconn will produce in India. India each month put the Foxconn iphone ten s ten our stuff and the maybe pile the economic times piece attributes that news to industry watchers while Reuters attributed two unnamed sources but there are too many good reasons for apple and Foxconn to Wanat and too many heads said they'll try for it to completely discount talk."