Apple iPhone XR, a popular cameraphone from the US-based tech giant which was unveiled last year, is presently getting assembled in India. Like per the information, Apple has currently started selling locally assembled iPhone XR in the Indian market.
The company’s iPhone XR boxes with an “Assembled in India” tag were seen on Monday in a lot of of the country’s electronic gadget retailers, including Croma, with a price tag of ₹49,900 (roughly £542) for the 64GB variant.
It seems to be like the company is looking to extend its market share in India, the world’s second-largest smartphone market. The company has been struggling in India mostly due to the fact of the pricing of iPhones and India is presently a hub of value-for-money offerings from the Chinese brands.
If the information are to be thought, then the Apple iPhone XR are being assembled at the contract company Foxconn’s India factory in Chennai. This is being done by Apple to avoid high levies on the import of fully-built products as effectively as to meet local sourcing norms for opening its own retail stores in India.
Information indicate that the manufacturer is coming to map up above 20 percent on import duties like it begins assembling devices in India. The development Additionally arrives at a time whenever the United States and China are involved in a trade war and thus Apple is presently looking for alternatives to manufacturing smartphones in China.
Thus, companies like Apple are presently searching to use India like an export hub to soften the impact of an ongoing trade war between the United States and China. Earlier this year, Reuters had rumoured that Apple would start assembling its top-end iPhones in India.