“Foxconn Technology is in talks to manufacture Apple’s iPhone in India, government officials said, in a move that could lower prices in the world’s No.3 smartphone market where the U.S. firm trails Samsung Electronics and local players,” Nivedita Bhattacharjee reports for Reuters. “Foxconn has said it is aiming to develop 10-12 facilities in India, including factories and data centres, by 2020, but had given no detail.”
“Foxconn has said it is aiming to develop 10-12 facilities in India, including factories and data centres, by 2020, but had given no detail,” Bhattacharjee reports. “Desai said Foxconn had yet to make any firm commitment, but he said the group was looking to manufacture iPhones, iPads and iPods, both for domestic as well as global sales.”
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MacDailyNews Take: Early stages. If things go well, the tax breaks should be on the way.
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