Reported to have received official permission to build facilities and offices iPhone assembly plant in India, Foxconn plans to build 10-12 new facility consisting of plant and data center in the country's Taj Mahal in 2020.
This information is conveyed by Indian government officials, as quoted by Reuters. The report mentions the construction of few new Foxconn factory in India is to reduce the cost of the price of Apple products are known to be very expensive.
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.
Foxconn has said it is aiming to develop 10–12 facilities in India, including factories and data centers, by 2020, but had given no detail.
When asked to confirm the company's plans related to the iPhone assembler, Foxconn and Apple declined to give an official statement about the news. Although no official statement, Foxconn is reportedly looking at appropriate locations for the construction of factories and offices to be built in India.
Not only to reduce the cost of production of components and keep prices competitive, Foxconn will remain a major partner company Apple through its plants in India. Moreover, competitors Quanta Computer also can at any time take over the assembly of Apple products. Has a large population and a large area, India no doubt is a promising market for Foxconn and especially for Apple.
Now, sales of the iPhone in the country ever recorded as many as half a million units during the last quarter of 2014. At present, Apple controls 10 percent of the smartphone market in India where Samsung shadowing and Micromax are dominating. In that country Apple sells the iPhone 6 16GB at a price of 44,000 rupees. While its competitors, Samsung Galaxy S6 membanderol 32GB of 40,000 rupees.
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