Tuesday, May 10, 2016

The next iPhone will be built in India

FOXCONN has been in talks with Indian Government to set up factories in India for manufacturing iPhones in India. This is a $10B facility that will be set up in the State of Maharashtra in Talegaon-Chakan and Khalapur locations according to Times of India.


Although the most populous democratic India has a large under the age 25 population the buying power is still not enough. However, if the phones can be manufactured and priced reasonably the market can be big. Forget about $499 etc. That will not fly.

Apple CEO Tim Cook appeared recetnly on CNBC to make the case. 

No comments:

DMCA.com Protection Status